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August 2009

ASHBURTON ACQUIRES LITHIUM PROJECT IN NEVADA

ASHBURTON ACQUIRES LITHIUM PROJECT IN NEVADA 150 150 Progressive Planet Inc.

ASHBURTON ACQUIRES LITHIUM PROJECT IN NEVADA

August 19th, 2009, VANCOUVER, B.C. – ASHBURTON VENTURES INC.
(ABR-TSX:V) (“Ashburton” or the “Company”) announces it has signed an
agreement to acquire a 100% interest in 37 mineral claims with known
occurrences of lithium bearing springs and clays in Churchill and
Pershing Counties, Nevada. The claim block, known as the “HY” claims,
covers approximately 740 acres and were the subject of a reconnaissance
survey in the late 1970’s and a preliminary work project in the 1980’s.

The original reconnaissance and follow up program was directed by
geologist Jay W. Santos. This work included 242 shallow auger holes to
test the lithium dispersion below the feed source. Commercial analytical
laboratories showed total lithium contents ranging from 86 to 1480 ppm
from rock and soil samples in the auger holes. The majority of the
reconnaissance analysis was done in house and is not part of this release.

The higher grades appear related to the clay content of the holes. A
resistivity survey of a small portion of the property was contracted out,
results of which showed two well defined zones of lower resistivity at
depth, possibly indicating a brine.

Terms of the agreement call for cash payments totaling $100,000 and
500,000 common shares of Ashburton plus a 1% NSR.

A finders fee will be paid on this arms-length transaction.

Chemetall-Foote Corp.’s Silver Peak Operation, located in Clayton Valley
200 miles south of the property, is the only lithium brine producer in
North America and has been in production since 1966.

Lithium has a number of different uses in different sectors of society. The
most common use is in lithium batteries. These are lightweight and are
not as toxic as lead and cadmium batteries. These batteries have
applications as small as watch batteries and as large as military and
space vehicles.

Japan, Korea and China already nationally sponsor lithium ion battery
technology development.

The technical contents of this release were approved by Ashburton
director and qualified person as defined by National Instrument 43-101,
Dr. Tom McCandless, P.Geo. The property has not been the subject of a
National Instrument 43-101 report and Dr. McCandless has not verified
the technical data disclosed in this release.

This transaction is subject to approval by the TSX Venture Exchange.

ON BEHALF OF THE BOARD
___________________________
Michael England, President

For further information contact:
Telephone: (604) 683-3995

Neither 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.

ASHBURTON ANNOUNCES FINANCING WITH THE MINERALFIELDS GROUP

ASHBURTON ANNOUNCES FINANCING WITH THE MINERALFIELDS GROUP 150 150 Progressive Planet Inc.

ASHBURTON ANNOUNCES FINANCING WITH THE MINERALFIELDS GROUP

August 13, 2009, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V)
(“Ashburton” or the “Company”) is pleased to announce a non-brokered
private placement of $300,000 through the sale of 3,000,000
flow-through units (“FT Units”) at $0.10 each to the MineralFields
Group. Proceeds of this financing will be used towards the Company’s
properties in Red Lake and the Yukon.

The Company will pay a finder’s fee to Limited Market Dealer Inc. for this financing equal to 7.5% cash and 5%
broker warrants and a finder’s find to Industrial Alliance Securities equal to 2.5% cash and 5% broker warrants.

“We are very pleased to be entering into this relationship with MineralFields Group”, said Mike England, President
and CEO. “This is an important milestone in the growth of Ashburton Ventures Inc. and we look forward to
working with MineralFields Group as we develop our holdings in the regions.”

About MineralFields, Pathway and First Canadian Securities ®
MineralFields Group (a division of Pathway Asset Management), based in Toronto and Vancouver, is a mining
fund with significant assets under administration that offers its tax‐advantaged super flow‐through limited
partnerships to investors throughout Canada as well as hard‐dollar resource limited partnerships to investors
throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of
structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate‐class mutual
fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian
Securities ® is active in leading resource financings (both flow‐through and hard dollar PIPE financings) on
competitive, effective and service‐friendly terms, and offers investment banking, mergers and acquisitions, and
mining industry consulting, services to resource companies. MineralFields and Pathway have financed several
hundred mining and oil and gas exploration companies to date through First Canadian Securities ®.

The private placement is subject to regulatory approval and subject to TSX Venture Exchange acceptance for
filing.

ON BEHALF OF THE BOARD
“Michael England”
___________________________
Michael England, President

For further information contact:
Telephone: (604) 683-3995
Facsimile: (604) 683-3988
Email: [email protected]

Neither 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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