Mr. Sam Wong reports

CROSS RIVER ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Cross River Ventures Corp. has closed its non-brokered private placement. In connection with the closing of the private placement, the company issued 144 million common shares at a price of 0.5 cent per common share for gross proceeds to the company of $720,000.

The company intends to use the proceeds from the private placement to pay outstanding liabilities and for working capital purposes.

Closing of the private placement is subject to receipt of all necessary regulatory approvals, including final acceptance of the Canadian Securities Exchange. All securities issued under the private placement are subject to a hold period under applicable securities laws in Canada expiring four months and one day from closing of the private placement.

We seek Safe Harbor.