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*Bolivar Gold Corp. 
Listed Company 

BOLIVAR GOLD CORP. ("BGC") ("BGC.WT")
BULLETIN TYPE: Graduation
BULLETIN DATE: July 17, 2003
Tier 1 Company

TSX Venture Exchange has been advised that the Company's shares and warrants will be listed and commence trading on Toronto Stock Exchange at the opening on Friday, July 18, 2003, under the symbols 'BGC' and 'BGC.WT'.

As a result of this Graduation, there will be no further trading under the symbols 'BGC' and 'BGC.WT' on TSX Venture Exchange after Thursday, July 17, 2003, and its shares and warrants will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
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