CV.H Chantrell Ventures Corp

Chantrell Ventures Corp. (the "Company" or "Chantrell") (TSX VENTURE:CV.H)
wishes to announce changes to the Board of Directors effective immediately. The
Company has appointed Paul A. Parisotto, Hugh Agro, Alex Davidson and Lorie
Waisberg to its Board. Mr. Parisotto has been appointed as President, CEO and
CFO of the Company. 


Paul A. Parisotto - President, Chief Executive Office, Chief Financial Officer
and Director - is an experienced mining executive. Mr. Parisotto was the
President and Chief Executive Officer of Arizona Star Resource Corp., from 2004
to 2007, when it was acquired by Barrick Gold Corporation. From November 2008 to
June 2009 he was the Co-Interim CEO of Noront Resources Ltd and most recently
was the President and Chief Executive Officer of Tamaka Holdings Inc., a private
gold exploration and development company. Previously, Mr. Parisotto provided
investment banking services to the mining industry.  


Hugh Agro - Director - is a retired mining executive. Most recently, Mr. Agro
was Executive Vice President, Strategic Development with Kinross Gold
Corporation. At Kinross, Mr. Agro was a member of the Executive Leadership Team
and responsible for strategic and operational leadership of Kinross' growth
initiatives including corporate development, global exploration and commercial
activities in Russia. Previously, Mr. Agro held senior executive positions with
Placer Dome, Senator Capital Partners and in investment banking with Deutsche
Bank's Global Metals and Mining Group. Mr. Agro is a director and member of the
Audit Committee of Victoria Gold Corp. Mr. Agro also serves on the board of Fort
Berens Estate Winery Ltd. 


Alex Davidson - Director - was Executive Vice President, Exploration and
Corporate Development with responsibility for Barrick Gold's international
exploration programs and corporate development activities until 2009. Mr.
Davidson joined Barrick in October 1993 as Vice President, Exploration with
responsibility for Barrick's expanding exploration program. Mr. Davidson has
over 30 years' experience in designing, building, implementing and managing gold
and base metal exploration and acquisition programs throughout the world. In
April 2005, Mr. Davidson was presented the A.O. Dufresne Award by the Canadian
Institute of Mining, Metallurgy and Petroleum. In 2003, Mr. Davidson was named
the Prospector of the Year by the Prospectors and Developers Association of
Canada. 


Lorie Waisberg - Director - is currently a director of Chemtrade Logistics,
Metalex Ventures, Noront Resources, Primary Energy Recycling Corporation and
Tembec. For 30 years, he practiced law with Goodmans LLP.


Mr. Parisotto stated, "The mission of the Company is to enhance shareholder
value through the acquisition and development of gold and copper properties in
the Americas. I am looking forward to working with the Board, all of whom have
an excellent track record in building shareholder value." 


The Company has also granted an aggregate of 900,000 stock options to directors
and officers, exercisable at $0.44 per share, for a period of five years. All
existing options have been cancelled.


Paul Parisotto of Oakville, Ontario, has acquired ownership and control over
1,950,000 common shares of the Company, representing 18.1% of the Company's
issued and outstanding common shares (4,125,000 shares assuming the exercise of
the 1,950,000 share purchase warrants and 225,000 stock options also acquired by
Mr. Parisotto, which would represent 31.8% of the Company's issued and
outstanding shares assuming exercise of all of Mr. Parisotto's convertible
securities). The shares and warrants were acquired by Mr. Parisotto in a private
transaction at a price of $0.10 per unit. Neither the Company nor, to the
knowledge of the Company after reasonable inquiry, Paul Parisotto, have
knowledge of any material information concerning the Company or its securities
which has not been generally disclosed.


Kelvin Holdings Inc. ("Kelvin"), a corporation controlled by Hugh Agro of
Oakville, Ontario, has acquired ownership and control over 750,000 common shares
of the Company, representing 7% of the Company's issued and outstanding common
shares (1,700,000 shares assuming the exercise of the 750,000 share purchase
warrants acquired by Kelvin and 200,000 stock options also acquired by Mr. Agro,
which would represent 14.5% of the Company's issued and outstanding shares
assuming exercise of all convertible securities held by Kelvin and Mr. Agro).
The shares and warrants were acquired by Kelvin in a private transaction at a
price of $0.10 per unit. Neither the Company nor, to the knowledge of the
Company after reasonable inquiry, Hugh Agro, have knowledge of any material
information concerning the Company or its securities which has not been
generally disclosed.


Alex Davidson of Toronto, Ontario, has acquired ownership and control over
750,000 common shares of the Company representing 7% of the Company's issued and
outstanding common shares (1,700,000 shares assuming the exercise of the 750,000
share purchase warrants and 200,000 stock options also acquired by Mr. Davidson,
which would represent 14.5% of the Company's issued and outstanding shares
assuming exercise of all of Mr. Davidson's convertible securities). The shares
and warrants were acquired by Mr. Davidson in a private transaction at a price
of $0.10 per unit. Neither the Company nor, to the knowledge of the Company
after reasonable inquiry, Alex Davidson, have knowledge of any material
information concerning the Company or its securities which has not been
generally disclosed.


Lorie Waisberg of Toronto, Ontario, directly and through a corporation
controlled by him, Waisberg Resources Inc. ("WRI"), has acquired ownership and
control over 750,000 common shares of the Company representing, 7% of the
Company's issued and outstanding common shares (1,700,000 shares assuming the
exercise of the 750,000 share purchase warrants and 200,000 stock options also
acquired directly and indirectly by Mr. Waisberg, which would represent 14.5% of
the Company's issued and outstanding shares assuming exercise of all convertible
securities controlled by Mr. Waisberg). The shares and warrants were acquired by
Mr. Waisberg and WRI in private transactions at a price of $0.10 per unit.
Neither the Company nor, to the knowledge of the Company after reasonable
inquiry, Lori Waisberg, have knowledge of any material information concerning
the Company or its securities which has not been generally disclosed.


The Company has been advised that the securities were purchased by each of Paul
Parisotto, Kelvin, Alex Davidson, WRI and Lorie Waisberg for investment purposes
and none of the aforementioned parties has any present intention to acquire
further securities of the Company, although they may, in the future, acquire or
dispose of securities of the Company through the market or otherwise, as
circumstances or market conditions warrant. All acquisition transactions were
completed in reliance on the exemption from the takeover bid requirements of
applicable securities regulation as set forth in National Instrument 62-104,
Part 4, Section 4.2.


The Company wishes to thank former directors and officers, Scott Ackerman,
Robert Chisholm, Aron Buchman and Craig Goldenberger, for their dedication to
the Company.


CHANTRELL VENTURES CORP.

On behalf of the Board

Paul Parisotto, President, CEO, CFO & Director 

Statements included in this announcement, including statements concerning our
plans, intentions and expectations, which are not historical in nature are
intended to be, and are hereby identified as, "forward-looking statements" for
purposes of the safe harbor provided by Section 21E of the Securities Exchange
Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by words including "anticipates",
"believes", "intends", "estimates", "expects" and similar expressions. The
company cautions readers that forward-looking statements, including without
limitation those relating to the Company's future operations and business
prospects, are subject to certain risks and uncertainties that could cause
actual results to differ materially from those indicated in the forward-looking
statements.

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