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International Prospect Ventures Ltd. 
Listed Company 

URANIUM VALLEY MINES LTD. ("VZZ")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: July 14, 2011
TSX Venture Tier 2 Company

Effective at the opening on Friday July 15, 2011, the common shares of the Company will commence trading on TSX Venture Exchange on a "when issued" basis. The Company is classified as an "Other Metal Ore Mining" company. (NAICS Number: 212299).

The Company was created as a wholly-owned subsidiary of Golden Valley Mines Ltd. ("Golden Valley"), which transferred all of its interests held in the Otish & Mistassini Basin Prospects and in the Beartooth Island Prospect in exchange for 6,100,000 common shares of the Company. Lexam VG Gold Inc.'s ("Lexam") interests in the Otish & Mistassini Basin Prospects have been transferred to the Company in consideration of 3,000,000 common shares of the Company. Furthermore, 2,000,000 additional common shares at a deemed issue price of $0.30 per share will be issued to Golden Valley (1,000,000 shares) and Lexam (1,000,000 shares) in connection with a financing of $600,000. Two common shares of the Company will be issued to Golden Valley pursuant to the terms of the Plan of Arrangement with Golden Valley.

Consequently, a total of 7,100,002 common shares will be issued to Golden Valley pursuant to a Plan of Arrangement. Of this number, approximately 2,871,792 common shares will be distributed as a dividend to Golden Valley shareholders on record at the close of business on July 19, 2011, on the basis of approximately 0.04 common share of the Company for each Golden Valley common share held. It is expected that the Company's share certificate shall be delivered to shareholders of Golden Valley on or about July 22, 2011.

Corporate jurisdiction: British Columbia

Capitalization: Unlimited common shares with no par value of which
11,100,002 common shares will be issued and outstanding

Escrowed shares: Approximately 8,228,210 common shares (subject to adjustment on the Effective Date of the Arrangement)

Transfer Agent: Computershare Investor Services Inc. (Vancouver and Toronto)
Trading Symbol: VZZ
CUSIP Number: 91702U103

For further information, please refer to Golden Valley Management Information Circular dated May 26, 2011 and the Company's Listing Application dated July 7, 2011, which are available on SEDAR.

Company contact: Mr. Glenn J. Mullan, CEO
Company address: 2864 chemin Sullivan, Val-d'Or, Quebec, J9P 0B9
Company phone number: (819) 824-2808
Company fax number: (819) 824-3379
Company E-mail address: glenn.mullan@goldenvalleymines.com

LES MINES DE LA VALLEE D'URANIUM LTEE (" VZZ ")
TYPE DE BULLETIN : Nouvelle inscription - Actions
DATE DU BULLETIN : Le 14 juillet 2011
Societe du groupe 2 de TSX croissance

Les actions ordinaires de Les Mines de la Valle d'Uranium ltee (la " societe ") seront admises a la negociation a Bourse de croissance TSX, sur une base " avant emission ", a l'ouverture des marches le vendredi 15 juillet 2011. La societe est categorisee comme une societe d'" extraction d'autres minerais metalliques " (numero de SCIAN : 212299).

La societe a ete creee comme une filiale a part entiere de Les mines de la vallee de l'or ltee (" Vallee de l'or "), laquelle a cede tous ses interets detenus dans les proprietes " Otish & Mistassini Basin Prospects " et " Beartooth Island Prospect " a la societe en contrepartie de 6 100 000 actions ordinaires de la societe. Les interets detenus par Lexam VG Gold Inc. (" Lexam ") dans la propriete " Otish & Mistassini Basin Prospects " ont ete transferes a la societe en consideration de 3 000 000 d'actions ordinaires de la societe. De plus, 2 000 000 d'actions ordinaires additionnelles au prix repute de 0,30 $ l'action seront emises a Vallee de l'or (1 000 000 d'actions) et Lexam (1 000 000 d'actions) dans le cadre d'un financement de 600 000 $. Deux actions ordinaires additionnelles de la societe seront egalement emises a Vallee de l'or en vertu des termes du plan d'arrangement avec Vallee de l'or.

Ainsi, un total de 7 100 002 actions ordinaires seront emises a Vallee de l'or dans le cadre d'un plan d'arrangement. De ce nombre, approximativement 2 871 792 actions ordinaires seront distribuees en tant que dividendes aux actionnaires de Vallee de l'or inscrits au registre a la fermeture des affaires le 19 juillet 2011, a raison d'environ 0,04 action de la societe pour chaque action ordinaire de Vallee de l'or detenue. Il est prevu que les certificats d'actions de la societe seront envoyes aux actionnaires de Vallee de l'or le ou vers le 22 juillet 2011.

Juridiction de la societe : Colombie-Britannique

Capitalisation : Un nombre illimite d'actions ordinaires sans valeur nominale duquel 11 100 002 actions ordinaires seront emises et en circulation

Titres entierces : Approximativement 8 228 210 actions ordinaires (sous reserve d'ajustements a la date effective de l'arrangement)

Agent des transferts : Services aux investisseurs Computershare Inc. (Vancouver et Toronto)
Symbole boursier : VZZ
Numero de CUSIP : 91702U103

Pour plus d'informations, veuillez vous referer a la circulaire de sollicitation de procurations de la direction de Vallee de l'or datee du 26 mai 2011 et a la demande d'inscription de la societe datee du 7 juillet 2011, disponibles sur SEDAR.

Contact de la societe : M. Glenn J. Mullan, chef de la direction
Adresse de la societe : 2864 chemin Sullivan, Val-d'Or, Quebec, J9P 0B9
Telephone de la societe : (819) 824-2808
Telecopieur de la societe : (819) 824-3379
Courriel de la societe : glenn.mullan@goldenvalleymines.com
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