Big Valley Resources announces private placement completed

VANCOUVER, BC--(BUSINESS WIRE)--May 12, 1995--Mr. Lloyd Tattersall, President of the Company, announces that the 153,846 unit private placement announced on April 11, 1995 has been completed. Proceeds from the private placement will be used to continue exploration work on the Company's wholly owned Lloyd-Nordic property adjacent to Imperial Metals Corporation's Mount Polley deposit.

The Company also announces that it has granted stock options for 50,000 shares to an officer of the Company. The stock options may be exercised at a price of $0.64 within a two year period.

On Behalf of Big Valley Resources Inc.

Lloyd Tattersall President

The Alberta Stock Exchange has neither approved nor disapproved the information contained herein.

FOR FURTHER INFORMATION PLEASE CONTACT:

Mr. Lloyd Tattersall President (604) 243-2337 or Ms. Kelly MacDonald Investor Relations (604) 992-6998

CONTACT: Lloyd Tattersall, President, 604/243-2337

Kelly MacDonald, Investor Relations, 604/992-6998

INDUSTRY KEYWORD: MINING REPEATS: New York 212-575-8822 or 800-221-2462; Boston 617-330-5311 or

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