Anthem Ventures Capital Corp. Announces Filing of Qualifying Transaction Filing Statement

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FOR IMMEDIATE RELEASE:

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

ANTHEM VENTURES CAPITAL CORP. ANNOUNCES FILING OF QUALIFYING TRANSACTION FILING STATEMENT

VANCOUVER, May 3, 2010 – Anthem Ventures Capital Corp. (TSX-V: AVE.P) (the “Company” or “Anthem”) is pleased to announce that it has filed a filing statement dated March 31, 2010 (the “Filing Statement”) with the TSX Venture Exchange (the “Exchange”) in connection with its acquisition of all of the issued and outstanding shares of West Kirkland Mining Inc. (the “Transaction”). Subject to Exchange approval, the Transaction is scheduled to close on May 12, 2010 and will constitute the Company’s qualifying transaction under Exchange Policy 2.4.

The Company will close concurrent with the Transaction a previously announced private placement (the “Private Placement”) led by PI Financial Corp. The Company will offer and sell up to 12,000,000 common shares of the Company at a price of $0.50 per share for aggregate gross proceeds to the Company of up to $6,000,000. The net proceeds from the Private Placement will be used to execute the Company’s exploration objectives in Ontario and Nevada and for general working capital upon completion of the Transaction.

R. Michael Jones, President of West Kirkland Mining Inc. said, “Our team and partners are pleased to see the transaction is moving ahead according to plan and we anticipate starting out exploration programs promptly after closing.”

Details of the Transaction and the Private Placement can be found in the Filing Statement which is available at www.sedar.com.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

For further information, please call:

Anthem Ventures Capital Corp. West Kirkland Mining Inc.

Grace To (604) 488-3618 R. Michael Jones (604) 899-5450

Completion of the Transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and, if applicable pursuant to Exchange Requirements, majority of the minority shareholder approval. Where applicable, the Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Transaction will be completed as proposed or at all.

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Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

The TSX Venture Exchange Inc. has in no way passed on 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.

Disclaimer for Forward-Looking Information

This press release contains forward-looking information within the meaning of Canadian securities laws. Such information includes, without limitation, information regarding the completion of the Transaction and the Concurrent Financing, and the anticipated business plans of the Company. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to, the state of the financial markets for the Company’s equity securities, the state of the market for gold or other minerals that may be produced generally, recent market volatility; variations in the nature, quality and quantity of any mineral deposits that may be located, the Company's ability to obtain any necessary permits, consents or authorizations required for its activities, to raise the necessary capital or to be fully able to implement its business strategies and other risks associated with the exploration and development of mineral properties. The reader is referred to the Company's most recent annual and interim Management’s Discussion and Analysis for a more complete discussion of such risk factors and their potential effects, copies of which may be accessed through the Company’s page on SEDAR at www.sedar.com.