2013. As the Company has been unable to complete a Qualifying Transaction in the time frame

BLUEROCK VENTURES CORP.

c/o 8 King Street East #1200 Toronto, ON M5C 1B5

NEWS RELEASE

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

Toronto, Ontario – July 3, 2013 - Bluerock Ventures Corp. (TSXV-BCR.P) ("Bluerock" or the “Company”) announces that the deadline for Bluerock to complete its Qualifying Transaction under the policies of the TSX Venture Exchange (the “Exchange”) was June 28, 2013. As the Company has been unable to complete a Qualifying Transaction in the time frame required by the Exchange, its shares have been suspended from trading on the Exchange as stated in the Exchange's bulletin dated July 2, 2013. As an alternative to delisting, in the event that the Qualifying Transaction announced by the Company on October 11, 2012 does not complete by September 26, 2013, the Company may transfer its listing to the NEX board of the Exchange. In order to transfer to NEX, the Company must obtain shareholder approval as required by Exchange Policy 2.4 and make an application to the Exchange. The Company is seeking majority shareholder approval exclusive of non-arms length parties through written shareholder consent letters rather than through a shareholders’ meeting for the transfer to NEX and the cancellation of 1,170,000 Seed Shares held by certain non-arm's length parties to Bluerock. The Company has concurrently with the dissemination of this news release, filed on SEDAR (www.sedar.com) the form of shareholder consent that the Company will be providing to shareholders for the purposes of obtaining consent to the NEX transfer and the cancellation of Seed Shares.

The Company is continuing to pursue its Qualifying Transaction with Savannah Diamonds Ltd. as previously announced.

For further information, please contact:

Bluerock Ventures Corp.

Cliff Mah Praveen Varshney President and Chief Executive Officer Director 416-861-3099 x0231 604-684-2181 [email protected] [email protected]

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

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.

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