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June 2016

ASHBURTON INTERSECTS 88.0 METERS AVERAGING 3.29% CG AT BUCKINGHAM PROPERTY, QUEBEC

ASHBURTON INTERSECTS 88.0 METERS AVERAGING 3.29% CG AT BUCKINGHAM PROPERTY, QUEBEC 150 150 Progressive Planet Inc.

June 23, 2016, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) is pleased to announce new assay results from holes BH15-02, BH15-04 and BH15-05 of its ongoing drilling program on the Company’s Buckingham Graphite Project located in southern Quebec.

President and CEO Michael England states: "We are encouraged by the new assay results demonstrating the NE extension of the graphitic mineralization at depth and for at least 300 m along strike a 1,500 m TDEM geophysical anomaly at Buckingham. The property constitutes an important part of ABR's strategic acquisition of lithium and graphite assets, since graphite also enters the fabrication of lithium-ion batteries. ABR expects to further pursue its drilling campaign during the summer months".

 Drilling and Assay Results:  BH15-02, 03 and 05

Hole BH15-02 was targeting the extension at depth of a graphite mineralized trench yielding an average value of 18.16 wt. % Cg. The trench lies on a 1,500 m-long, NE-trending TDEM (Time Domain ElectroMagnetic) geophysical anomaly. The drill core revealed silicified and sulphide-bearing quartz-biotite paragneiss with rare marble and occasional pegmatite intrusions.

Hole BH15-04, reaching a depth of 200 m, intersected 16 m of disseminated, millimeter-scale flakes of graphite mineralization, hosted primarily within marble units. The hole was collared on the same site as hole BH15-03 (310°/-50°), plunged at -70° and is situated approximately 110 m southwest of BH15-01 along strike the TDEM geophysical anomaly. Hole BH15-05 was collared farther to the NE approximately 280 m from the position of hole BH15-04.

BH15-05 intersected disseminated graphite mineralization for nearly 129 m within alternating sequences of marble and quartz-biotite paragneiss accompanied by sporadic quartz veins and pegmatite dykes. Structural measurements from the drill core and the trenches situated directly above the drill holes location suggest the foliation and therefore the mineralized layers, strikes generally NE with a sub-vertical dip. The DDH coordinates and assay results are presented in Table 1 below. The assay results from the last three drill holes corroborate those obtained from two previous holes (DDH15-01and 03) which yielded Cg values of:  36 m @ 2.51 wt.% and 29 m @ 8.36 wt. % (DDH15-01) and 24 m @ 3.05 wt. % and 112 m @ 4.07 wt. % (BH15-03) (ABR Press Releases of January 26 and February 11, 2016).

Table 1. Best graphite assay results and coordinates for DDH BH15-02, 04 and 05

DDH no. Easting* Northing Azimuth (°) Plunge (°) Depth (m) From (m) To (m) Interval (m)** Cg (wt. %)
                   
DDH15-02 460575 5054700     200 113.0 116.1 3.1 3.36
            162.0 174.0 12.0 2.07
            187.7 200.0 12.3 2.86
                   
DDH15-04 460503 5054494 310 70 200 51.0 67.0 16.0 11.09
                   
DDH15-05 460618 5054751     200 68.0 81.0 13.0 2.43
                   
            109.0 197.0 88.0 3.29
          Incl. 129.0 162.0 33.0 4.94
                   

* NAD83 UTM Zone 18N
** Apparent thickness

Samples were treated at SGS Lakefield, Ontario, using method number GE/GO/GC_CS and code A05V. Graphitic carbon was determined by multistage furnace treatment and infrared detection on LECO instrumentation. Duplicates, standards and blanks were inserted at regular intervals for QA/QC purposes.

The technical content of this news release was approved by Dr. Michel Boily, P.Geo., director of Ashburton and a qualified person as defined by National Instrument 43-101. The Buckingham property will be submitted to a NI43-101 Technical Report to be completed within the coming months.

Ashburton Ventures Inc. is a Canadian-based junior exploration with mineral projects in Canada and Nevada, USA. If you would like to be added the news release distribution please get in touch with us at [email protected].

Ashburton Ventures Inc. is a Canadian-based junior exploration company actively pursuing lithium and graphite projects in Canada and Nevada, USA.

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

FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995; Toll Free: 1-888-945-4770; www.ashburtonventures.com

Forward-Looking Statements:  

Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Ashburton Ventures Inc. Actual results may differ materially from those currently anticipated in such statements. 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.

ASHBURTON EXTENDS PRIVATE PLACEMENT FINANCING

ASHBURTON EXTENDS PRIVATE PLACEMENT FINANCING 150 150 Progressive Planet Inc.

June 21st, 2016, VANCOUVER, B.C.ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces that further to its news of May 5th, 2016 it has extended, and increased, its non-brokered private placement of 3 million units ("Units") at a price of $0.05 per Unit for aggregate gross proceeds of $150,000 (the "Offering") to July 15th, 2016 and increasing the amount to 5 million units for aggregate gross proceeds of $250,000.  Each Unit will be comprised of one common share ("Share") and one Share purchase warrant of the Company ("Warrant").  Each Warrant will entitle the Subscriber to purchase one Warrant Share for a 12 month period after the Closing Date at an exercise price of $0.06 per share. Proceeds raised from the Offering will be used for general working capital and towards exploration on the Company’s Elon Lithium project directly bordering Pure Energy's (PE-TSX.V) Clayton Valley Deposit located in the Clayton Valley in the state of Nevada.

Finders' fees may be payable on the private placement, subject to the policies of the TSX Venture Exchange.

The Company also announces that, further to its news of May 2, 2016 announcing a non-brokered private placement of 3 million shares at a price of $0.05 with MMPL, it has extended the closing to July 15th, 2016.

These offerings are subject to TSX Venture Exchange acceptance.

Ashburton Ventures Inc. is a Canadian-based junior exploration with mineral projects in Canada and Nevada, USA. If you would like to be added the news release distribution please get in touch with us at [email protected].

ON BEHALF OF THE BOARD

Signed “Michael England”                                             
Michael England, President
FOR FURTHER INFORMATION PLEASE CONTACT: 
Telephone: 1-604-683-3995

Toll Free: 1-888-945-4770

www.AshburtonVentures.com 

Forward-Looking Statements:

Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Ashburton Ventures Inc. Actual results may differ materially from those currently anticipated in such statements. 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.

ASHBURTON ANNOUNCES INCREASE OF FLOW THROUGH FINANCING

ASHBURTON ANNOUNCES INCREASE OF FLOW THROUGH FINANCING 150 150 Progressive Planet Inc.

June 8, 2016, VANCOUVER, B.C. ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces that further to its news releases dated May 3 and May 31, 2016, it has increased its non-brokered flow through private placement of 12 million units at a price of $0.05 per unit for gross proceeds of $600,000 to 16,150,000 units at a price of $0.05 per unit for gross proceeds of $807,500 (the “Offering”).

Each unit consists of one flow through common share (the “Shares”) and one non-flow through Share purchase warrant of the Company. Each warrant will entitle the holder to acquire one Share of the Company at a price of $0.075 per Share for a period of 12 months from the date of issuance.

The Shares and warrants issued pursuant to the private placement and any Shares issued on exercise of the warrants are subject to four-month resale restriction.

 The Company may, in its sole discretion, pay a finders' fee to agents of the Company consisting of: (i) a cash fee in an amount of up to 8% of the proceeds raised by such finder as part of this Offering, (ii) a number of common shares of the Issuer that is equal up to 5% of the number of Flow Through Units placed through the finder as part of this Offering and (iii) a number of finder's warrants entitling the holder thereof to purchase that number of Shares of the Company ("Finder's Warrant") that is equal to up to 5% of the number of units placed through the finder as part of this Offering.  Each Finder's Warrant will entitle the holder to purchase one Share for a period of 12 months from the closing date at an exercise price of $0.075 per Finder's Warrant.

The Company has received conditional approval for the private placement from the TSX Venture Exchange.

Flow through proceeds raised will be used towards exploration on the Company’s Whabouchi South property bordering Nemaska Lithium Inc.’s Whabouchi project in the James Bay area in the Province of Quebec as well as further exploration on the Company’s Buckingham graphite property located in Buckingham Township also in the Province of Quebec.

Ashburton Ventures Inc. is a Canadian-based junior exploration with mineral projects in Canada and Nevada, USA. If you would like to be added the news release distribution please get in touch with us at [email protected].

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

FOR FURTHER INFORMATION PLEASE CONTACT: 
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

www.AshburtonVentures.com 

Forward-Looking Statements:

Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Ashburton Ventures Inc. Actual results may differ materially from those currently anticipated in such statements. 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.

ASHBURTON ANNOUNCES CLOSING OF FIRST TRANCHE OF FLOW THROUGH PRIVATE PLACEMENT OFFERING

ASHBURTON ANNOUNCES CLOSING OF FIRST TRANCHE OF FLOW THROUGH PRIVATE PLACEMENT OFFERING 150 150 Progressive Planet Inc.

May 31, 2016, VANCOUVER, B.C. ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces that further to its news releases dated May 3, 2016, it has completed the first tranche of a non-brokered flow through private placement of 12 million units at a price of $0.05 per unit for gross proceeds of $600,000 (the “Offering”).

Each unit consists of one flow through common share (the “Shares”) and one non-flow through Share purchase warrant of the Company. Each warrant will entitle the holder to acquire one Share of the Company at a price of $0.075 per Share for a period of 12 months from the date of issuance.

Gross proceeds of the first tranche were $515,000.

The Company paid a cash commission to the finders totalling $38,800, issued 485,000 finder’s shares and issued 485,000 finder’s warrants exercisable for 12 months at $0.075.

The Shares and warrants issued pursuant to the private placement and any Shares issued on exercise of the warrants are subject to four-month resale restriction that expires on September 28, 2016.

The Company has received conditional approval for the private placement from the TSX Venture Exchange.

Flow through proceeds raised will be used towards exploration on the Company’s Whabouchi South property bordering Nemaska Lithium Inc.’s Whabouchi project in the James Bay area in the Province of Quebec as well as further exploration on the Company’s Buckingham graphite property located in Buckingham Township also in the Province of Quebec.

Ashburton Ventures Inc. is a Canadian-based junior exploration with mineral projects in Canada and Nevada, USA. If you would like to be added the news release distribution please get in touch with us at [email protected].

ON BEHALF OF THE BOARD

Signed “Michael England”                                             
Michael England, President

FOR FURTHER INFORMATION PLEASE CONTACT: 
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770
www.AshburtonVentures.com 

Forward-Looking Statements:

Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Ashburton Ventures Inc. Actual results may differ materially from those currently anticipated in such statements. 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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