BLL.H Ballyliffin Capital Corp

Mr. Devinder Randhawa, President of Ballyliffin Capital Corp. (TSX
VENTURE:BLL.H) (the "Corporation" or "Ballyliffin") announces that Ballyliffin
has terminated its previous announced plans to complete its proposed qualifying
transaction by acquiring a controlling interest in the Grupo Dias Gold projects.


The Company continues to explore other suitable qualifying transaction
opportunities. Further details about the resumption of trading will be announced
shortly.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Ballyliffin Capital Corp.
Mr. Devinder Randhawa
President
(250) 868-8177
(250) 868-8493 (FAX)

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