Bluerock Ventures Corp. announces closing of Initial Public Offering

BLUEROCK VENTURES CORP. NEWS RELEASE Suite 2050-1055 West Georgia St. TSX Venture Exchange Vancouver, BC V6E 3P3 Trading Symbol: BCR.P

Bluerock Ventures Corp. announces closing of Initial Public Offering

June 27, 2011 – Vancouver, British Columbia – Bluerock Ventures Corp. (the “Company” or “Bluerock”) is pleased to report that it has successfully completed its initial public offering of 2,000,000 common shares at $0.10 per share for gross proceeds of $200,000 pursuant to a prospectus dated May 30, 2011. Macquarie Private Wealth Inc. (“Macquarie”) acted as agent for the offering. Macquarie received a cash commission of 10% of the gross proceeds of the offering and the Company granted agent’s options to Macquarie to purchase up to an aggregate of 200,000 common shares at a price of $0.10 per share exercisable for a period of 24 months from the date the Company’s common shares are listed on the TSX Venture Exchange (the “Exchange”).

The Company’s common shares have been conditionally approved for listing on the Exchange. The Company expects its common shares will commence trading on Tuesday, June 28, 2011 under the symbol BCR.P.

ABOUT BLUEROCK

Bluerock is a capital pool company (“CPC”) within the meaning of the policies of the Exchange. The Company has not commenced operations and has no assets other than cash. The Company proposes to identify and evaluate businesses and assets with a view to completing a “Qualifying Transaction” under the Exchange’s CPC policies. The funds raised under the initial public offering will be used to pursue the Company’s Qualifying Transaction.

For further information, please contact Clifford Mah, President and Chief Executive Officer at:

Telephone: 416-861-3099 Extension 0231 E-mail: [email protected]

"Neither 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."