Termination of Qualifying Transaction

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

Termination of Qualifying Transaction

Vancouver, BC – Thursday, October 3, 2013 – Bluerock Ventures Corp. (TSXV-BCR.P) ("Bluerock")(the “Company”) announces that, further to its news release dated October 11, 2012, the letter of intent entered into by Bluerock and Savannah Diamonds Limited dated October 10, 2012 (the “LOI”) has been terminated due to market conditions. The transactions contemplated by the LOI, which would have been a Qualifying Transaction for Bluerock, will not proceed. Bluerock will be applying to the Exchange for trading in its shares to resume. The Company will continue to identify and evaluate businesses and assets with a view to completing a fresh Qualifying Transaction.

For further information, please contact:

Bluerock Ventures Corp.

Cliff Mah Praveen Varshney President and Chief Executive Officer Director 416-861-3099 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.