International Ltd. will be delisted. The Company is classified as a “Junior Natural Resource Mining” company. ON BEHALF OF THE BOARD (sgd.) “Mark Lawson”, President & CEO For further information please contact: Andreas Curkovic

NEWS RELEASE

Name Change

Vancouver, British Columbia, October 14, 2010 – New Global Ventures International Ltd. (TSX-V: NNG) (the “Company”) is pleased to announce that effective October 15, 2010, the name of the Company will change to “Auro Resources Corp.”, a name which the Company believes appropriately reflects the opportunity within the resource sector in South America.

Effective at the opening on October 15, 2010, the common shares of the Company will commence trading on the TSX Venture Exchange under the new name “Auro Resources Corp.” (CUSIP number 05157A107) and trading symbol “ARU”, and the common shares of New Global Ventures International Ltd. will be delisted. The Company is classified as a “Junior Natural Resource Mining” company.

ON BEHALF OF THE BOARD

(sgd.) “Mark Lawson”, President & CEO

For further information please contact:

Andreas Curkovic Investor Relations T: 416-577-9927

Jeremy Ross Tyler Ross Corporate Development T: 604-893-8838

Mark Lawson President & CEO T: 416-623-0565

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 2020 – 410 West Georgia Street, Vancouver, British Columbia, Canada V6C 5A1 Telephone: (604) 893-8838 Facsimile: (604) 681-0796