Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Bard Ventures Ltd.

NEWS RELEASE Bard Ventures Ltd.

Suite 800-1199 West Hastings Street Vancouver, B.C., V6E 3T5 Tel.: (604) 687-2038 Fax: (604) 687-3141

Frankfurt Exchange: BVU November 7, 2011 TSX Venture Symbol: CBS

BARD ANNOUNCES $500,000 NON-BROKERED FLOW-THROUGH AND NON-FLOW-THROUGH UNIT PRIVATE PLACEMENT

Vancouver, British Columbia, Canada: Bard Ventures Ltd. (the “Company”) is pleased to announce that it has arranged a non-brokered private placement (the “Offering”) of up to $500,000 through the sale of up to 5,000,000 flow-through units at a price of $0.06 per unit (the “FT-Units”) and up to 4,000,000 non-flow-through units at a price of $0.05 per non-flow-though unit (the “NFT-Units”).

Each FT-Unit will consist of one (1) flow-through common share and one-half (1/2) of one (1) common share purchase warrant. Each whole common share purchase warrant will entitle the holder thereof to purchase one (1) additional common share of the Company at a price of $0.10 for a period of two (2) years from the closing date of the Offering.

Each NFT-Unit will consist of one (1) common share and one (1) common share purchase warrant. Each such common share purchase warrant will entitle the holder thereof to purchase one (1) additional common share of the Company at a price of $0.10 for a period of two (2) years from the closing date of the Offering.

In connection with the Offering, the Company may pay a finder’s fee pursuant to the policies of the TSX Venture Exchange. The Company anticipates that there may be insider participation in the above Offering, for which the Finder will not receive a commission.

Gross proceeds raised from the sale of the FT-Units will be used for general exploration expenditures, which will constitute Canadian exploration expenses (as defined in the Income Tax Act). Gross proceeds raised from the sale of the NFT-Units will be used for general corporate purposes.

This Offering is subject to receipt of all necessary approvals including approval of the TSX Venture Exchange and the Company’s Board of Directors.

On behalf of:

Bard Ventures Ltd.

“Eugene Beukman”

Eugene Beukman, President

For further information please visit our website at www.bardventures.com

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.