First Pursuit Grants Stock Options

Vancouver, B.C., Canada March 22, 2010 NEWS RELEASE

FIRST PURSUIT GRANTS STOCK OPTIONS

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, British Columbia – First Pursuit Ventures Ltd. (TSX-V: FPV) (the “Company”) has granted, to consultants, directors and an officer, a total of 1.325 million incentive stock options at a price of 27 cents per share. Option grants to directors and an officer are for a period of five years. Option grants for consultants are for two years. The option grants vest immediately.

ON BEHALF OF FIRST PURSUIT VENTURES LTD.

"Terry Fields"

Terry Fields President and Director

FOR MORE INFORMATION PLEASE CONTACT:

Investor Relations Telephone: 604-682-2928

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

Suite 804 – 750 West Pender Street • Vancouver, B.C. • V6C 2T8 TEL (604) 682-2928 • FAX (604) 685-6905