News

The following are excerpts from News Releases, the reader should not rely on the excerpts for a full report. News Releases in their entirity and for the year are available in PDF SEDAR MD & A Shares Issued 47,349,698 Last Close 3/27/2008 $0.07 Monday March 31 2008 - SEDAR MD & A This filing is available at: http://www.stockwatch.com/nocomp/newsit/newsit_sedardoc.aspx?docid=1588693

News Releases and Financials News Releases in their entirity and for the year are available in PDF Available from (Sedar) If you do not have Acrobat Reader, you can download it by clicking the image --->

SEDAR Interim Financial Statements

Shares Issued 47,349,698
Last Close 3/27/2008 $0.07
Monday March 31 2008 - SEDAR Interim Financial Statements

This filing is available at:

http://www.stockwatch.com/nocomp/newsit/newsit_sedardoc.aspx?docid=1588679

Mill Bay grants options to buy 325,000 shares

Friday March 14 2008

Mr. William Glasier reports

STOCK OPTION GRANT

Mill Bay Ventures Inc. has granted incentive stock options for the purchase of up to 325,000 shares at a price of 12 cents per share exercisable on or before March 12, 2013, to officers, employees and consultants of the company.

The options are subject to a stock option plan.

Mill Bay to reprice, extend the terms of warrants

Friday March 07 2008 - News Release

Mr. William Glasier reports

WARRANTS EXTENSION AND RE-PRICING

Mill Bay Ventures Inc. will make an application to amend the terms of the warrants issued pursuant to private placements reported in Stockwatch news dated Jan. 11, 2006, Feb. 8, 2006, and April 17, 2006. The requested amendments extend the original expiry date and reprice the original price of the warrants as indicated in the table.

The agent warrants issued pursuant to these private placements are not included in the requested amendments and will expire in due course. All other terms remain the same.

Birch Lake
Mr. William Glasier reports

MILL BAY LEASES MINING CLAIMS

Mill Bay Ventures Inc. has entered into a letter of intent to lease six claims located in Cassumit Lake area, Ont., Canada (the Birch Lake property) covering approximately 230 acres. Under the letter of intent, the company will have 60 days to perform a legal due diligence examination of the title, the environment and business circumstances surrounding the Birch Lake property. Subject to successful completion of the due diligence and regulatory approval, the company will make the following commitments to the lessor:

SEDAR MD & A Mill Bay Ventures Inc (C:MBV)
Monday December 31 2007
This filing is available at: http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00004923

Mill Bay acquires 1,900 acres on Valentine MountainWednesday December 19 2007 - News Release

Mr. William Glasier reports

Mill Bay Ventures Inc. has acquired 100-per-cent interest in approximately 1,900 acres (769 hectares) of B.C. mineral tenures on Valentine Mountain located 42 kilometres west of Victoria, B.C., Canada. Mill Bay Ventures has purchased tenures 528190 (G. Anderson), and 528261 and 528257 (Pfaffenberger), which are now registered to Mill Bay Ventures.

Regionally the mineral tenures are underlain by metamorphosed pelitic, arenaceous and volcanic rocks of the Leech River formation of Mesozoic age. The rocks of the Leech River formation have undergone regional progressive metamorphism from green schist up to amphibolitic facies and have been deformed into tight overturned megascopic folds which have axes that trend east-west and plunge easterly.

There is a prominent and continuous east-west-trending structural break that trends across the centre of the properties that is coincident to a corridor of gold mineralization. This break is further defined by gold occurrences, geochemical gold soil anomalies, a major ground magnetic (and airborne magnetic) linear (that is defined by magnetic lows and highs), and, as well, by coincident strong and pronounced very-low-frequency electromagnetic conductors.

The BN zone, located on mineral tenure 528190, is found on this corridor of gold mineralization, east of the Jordan River, and on the west slope of Valentine Mountain. The area of interest as defined by anomalous in situ gold soil geochemistry, based on the 20-part-per-billion contour and defined gold-bearing quartz veins, is about 600 metres east-west by up to 300 metres north-south. The area of interest is underlain by west-northwest-trending metasandstone and metagreywacke.

The BN zone contains many of the geological, structural, mineralogical, geophysical and geochemical elements and criteria that define good potential for gold-bearing quartz veins and quartz vein swarms, stockworks and possibly disseminated gold mineralization. This area was explored in limited fashion in 1999 by Beaupre Explorations, which completed packsack core drilling totalling 290.7 metres over three holes.

The Braiteach zone found on mineral tenures 528190 and 528261, located adjacent and to the west of the BN zone, is defined by a large-area in situ gold soil anomaly and several gold-bearing quartz veins that follow east-west-trending fractures parallel to the foliation of the metasandstone unit. The showings have been well sampled with extensive diamond drilling of 16 diamond drill holes by Valentine Gold in 1988, and Noranda Explorations in 1999. The holes have returned, with the exception of DDH 88-12, low-grade gold results over narrow intervals. DDH 88-12 returned 7.2 grams per tonne gold over a drill intercept of 3.0 metres. This drill intercept is on the west side of the Jordan River immediately adjacent to the BN zone. The zone is closed off to the west but is open to the east.

A follow-up exploration program of diamond drilling and other exploration surveys is required to further test the BN exploration target area and the east extension to the Braiteach zone defined by DDH 88-12. Other target areas require ground geological, sampling and geochemical soil surveys.

The foregoing technical information has been compiled by A.A. (Al) Burgoyne, MSc, PEng, a qualified person pursuant to National Instrument 43-101. Mr. Burgoyne has supervised drilling and written several reports of the area.

MILL BAY VENTURES INC.

September 26, 2007                                             

Mill Bay Ventures Inc. (the “Company”) announces that in connection with the recent option agreement to acquire the AC Gold Property, the Company will issue finders’s fees of 100,000 common shares to an arm’s length finder. 

ON BEHALF OF THE BOARD OF DIRECTORS

“William Glasier”                                  
William Glasier, President

Mill Bay Ventures Inc.

Mill Bay Ventures Inc. (the “Company”) announces that it has entered into an option agreement to acquire 119 mining claims located in Lander County, Nevada, known as the AC Gold Property, covering up to about 2 square miles, more or less, in consideration of paying US$1,500,000 in instalments to the optionor and incurring US$1,500,000 in exploration work on the property over the next 15 years as follows:

The Company has also granted to the optionor a 3% net smelter returns royalty, of which the Company has the option to buy-down one-third (i.e. 1%) at any time for the payment of US$1,000,000.

The transaction is subject to the acceptance for filing by the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF DIRECTORS

“William Glasier”                                  
William Glasier, President

2007-06-27 15:56 ET - News Release

Mr. William Glasier reports

Mill Bay Ventures Inc. and its wholly owned subsidiary, Golden Reef Mining Co., have entered into a letter of intent with Meridian Minerals Corp. for the exploration and earn-in of the Golden Repeat claims. Within 180 days of acceptance of the letter of intent, Mill Bay and Meridian will subscribe to an exploration and earn-in agreement in consideration of the following minimum payments and exploration expenditures:

Within 90 days after the completion of the payments and expenditures, Meridian will have earned a 51-per-cent interest in the Golden Repeat claims and Mill Bay and Meridian will enter into a formal joint venture. Meridian will have the option to increase its interest in the joint venture from 51 per cent to 70 per cent by paying $2-million to Mill Bay within 90 days of the formation of the joint venture.

Upon commencement of commercial production of the Golden Repeat claims, Mill Bay shall be entitled to receive from Meridian a net smelter return royalty for gold and gold equivalents mined and sold from the Golden Repeat claims, according with the included gold information:

Mill Bay shall also be entitled to receive from Meridian since the first anniversary of the formation of the joint venture a yearly advance NSR cash payment of $100,000. The advance NSR will be increased yearly by $100,000 to a maximum of $300,000. Advance NSR will be credited and deducted for any NSR payable to Mill Bay starting commercial production of the Golden Repeat claims.

Meridian will have 120 days following the effective date of the letter of intent to perform legal due diligence examination of the title of the project and the environment and business circumstances surrounding them and if Meridian is dissatisfied with the results of its examination, Meridian may terminate the offer.

June 21 2007 - News Release

Also CMQ Resources Inc (C:CMQ) News Release

Mr. William Glasier of Mill Bay reports

CMQ RESOURCES INC. HITS LOWER PLATE CARBONATES AT VALMY HILL ON MILL BAY VENTURES' LODE MINING CLAIMS IN NEVADA IN 2006.

Mill Bay Ventures Inc. has been notified by its partner, CMQ Resources Inc., that it plans to drill four more holes this year. Drilling is planned to be completed by Nov. 15, 2007.

CMQ Resources reports, "During the fall of 2006, CMQ completed three holes totalling 4,248 feet of drilling, including 1,441 feet of coring in the Valmy Hill focus area, approximately two miles north of Hot Springs North. The Valmy Hill area exhibits surface mineralization that may indicate leakage from potential orebodies in carbonate rocks at depth.

"The gold concentrations in these drill holes are not significant commercially, but the thicknesses are very encouraging. CMQ believes that considering the presence of highly altered lower plate carbonates and the substantial thicknesses of low concentrations of gold, continued nearby exploration could yield significant results."

John Hogg, vice-president of exploration for Vasquir Mines, a qualified person, as defined by National Instrument 43-101, has approved this press release.

The gold concentrations in these drill holes are not significant commercially, but the thicknesses are very encouraging. CMQ believes that considering the presence of highly altered lower plate carbonates and the substantial thicknesses of low concentrations of gold, continued nearby exploration could yield significant results.

Drill hole V06-05, CMQ's first hole in the Valmy Hill focus area, was completed to a depth of 2,023 feet. This hole was originally targeted for a total depth of 1,600 feet and was not expected to encounter the sought-after lower-plate carbonate formations for at least the first thousand feet. CMQ was very encouraged to find that drilling encountered highly carbonaceous lower plate dolomitic siltstones and mudstones from approximately 180 feet and continuing to the total depth drilled. The hole was drilled using a mud rotary system to 1,680 feet and with core drilling thereafter. From approximately 1,850 feet to 1,980 feet, the observed core was highly altered and appeared to have experienced significant fluid transmission, dissolution and collapse. Eight geochemically anomalous intervals (from 11 ppb to 432 ppb gold) occur from five to 190 feet in thickness, the best interval being a continuous 60-foot interval from 130 to 190 feet in depth averaging 299 parts per billion gold. For this section of the hole 10-foot intervals were sampled using mud rotary drilling methods.

Drill hole V06-06 was drilled to a depth of 1,162 feet, where the hole was terminated due to severe caving. The mud rotary portion of the hole was drilled to a depth of 760 feet, and from 760 feet to 1,162 feet was cored. Lower-plate dolomite was encountered at a depth of 650 feet. From 760 feet to the bottom of the hole, decalcified micritic limestones, muddy limestones, black carbonaceous limestones, mudstones, and limestones with significant debris flows and collapse breccias occur, with some intervals containing up to 5% pyrite. The hole contained a 20-foot interval from 110 to 130 feet averaging 356 ppb gold. The samples were 10-foot samples acquired by mud rotary drilling methods.

Drill hole V06-07 was completed to a depth of 1,063 feet, where the hole was terminated due to severe caving. Mud rotary drilling methods were used to a depth of 367 feet, and the hole was continued using coring to the depth of 1,063 feet. The hole was drilled in conglomerates, cherts, siltstones, quartzites, sandstones, siltstones and minor limestones to a depth of 1,035 feet, where lower-plate decalcified, moderately silicified and highly carbonaceous mudstones were encountered. These sediments continued to the bottom of the hole. This hole was again geochemically anomalous in gold and other Carlin-suite elements over long intervals.²

MBV's Sept. 26 press release covers CMQ's exploration program and the approved drill sites. Drill holes VO6-05-06-07 are on MBV's leased land to CMQ. MBV receives annual payments , CMQ shares and a 3% NSR is tied to the property. See details of the agreement on MBV's website. www.millbayventures.com

John Hogg, VP of Exploration for Vasquir Mines, is a qualified person, as defined by National Instrument 43-101, has approved the above information quoted from CMQ¹s Jan. 25/07 press release.

Mill Bay is actively evaluating, acquiring and exploring prospective properties in Canada and the United States. Mill Bay also has gold properties in Bridge River, British Columbia and in the Battle Mountain Trend, Nevada. For more information about current properties, please see website: www.millbayventures.com <http://www.millbayventures.com>

On behalf of the Board of Directors
of Mill Bay Ventures Inc.
³William Glasier²
William Glasier
President

This filing is available at:

http://www.stockwatch.com/nocomp/newsit/newsit_sedardoc.aspx?docid=1256231

Mill Bay Ventures Inc (C:MBV) Shares Issued 44,999,698Last Close  12/21/2006 $0.07Thursday December 21 2006 - SEDAR MD & A

This filing is available at:

http://www.stockwatch.com/nocomp/newsit/newsit_sedardoc.aspx?docid=1256234

Mill Bay Ventures Inc (C:MBV) Shares Issued 44,999,698Last Close 11/14/2006 $0.105Tuesday November 14 2006 - Property Agreement

The TSX Venture Exchange has accepted for filing a letter agreement dated March 24, 2006, between Mill Bay Ventures Inc., and Boss Sand & Rock Inc. and Lee Canyon Mining Company LLC, pursuant to which the company will purchase a 100-per-cent interest in 16 placer mining claims in Clark county, Nevada, United States. The claims will be held by Golden Reef Mining Inc., a 100-per-cent-owned Nevada subsidiary of the company. Dale Andersen, a director of the company, is also a principal shareholder and director of the vendors. For more information on the property, please refer to the company's news release of Oct. 13, 2006.

To earn its interest in the joint venture, the company will issue 2.2 million common shares to the vendors and make a cash payment of $128,000 (U.S.). No finder's fee is payable.

Mr. William Glasier reports

FIRST DRILL HOLE SHOWS ENCOURAGING RESULTS ON MILL BAY VENTURES' LODE MINING CLAIMS IN NEVADA LEASED TO CMQ RESOURCES INC.

Drilling of CMQ Resources Inc.'s first hole in the Valmy Hill focus area, approximately two miles north of Hot Springs North, was completed on Nov. 3, 2006, to a depth of 2,023 feet, on land leased from Mill Bay Ventures Inc.

The Valmy Hill area exhibits surface mineralization which may indicate leakage from potential orebodies in carbonate rocks at depth. This first hole was originally targeted for 1,600 feet and expected to encounter volcanics and the Valmy formation for at least the first 1,000 feet. Drilling encountered highly carbonaceous dolomitic siltstones and mudstones from approximately 180 feet and continuing to the total depth drilled. The hole was drilled using a mud rotary system to 1,680 feet and with core drilling thereafter. From approximately 1,850 feet to 1,980 feet the observed core was highly altered and appeared to have experienced significant fluid transmission, dissolution and collapse, important characteristics of Carlin-type carbonate-hosted gold deposits.

CMQ is very encouraged by the early indications of this drilling and final assay results should be available in January, 2007, from ALS-Chemex. Two more holes are expected to be completed in the Valmy Hill focus area in 2006, weather permitting. John Hogg, vice-president, exploration, Vasquir Mines, is a qualified person, as defined by National Instrument 43-101, and has approved this press release.

Mr. William Glasier reports

Further to the company's news in Stockwatch on May 4, 2006, announcing that it had entered into an agreement to acquire 16 placer mining claims located in Clark county, Nevada, known as the Ivanpah property, for the payment of 2.2 million common shares of the company and $128,000 (U.S.), the company has now filed an NI-43-101-compliant technical report dated Oct. 4, 2006, on the Ivanpah property on SEDAR. The report was prepared by Frederick C. Johnson, PGeo, who is the qualified person for the project.

The related party vendors of the Ivanpah property are Boss Sand & Rock, Inc. and Lee Canyon Mining Company, LLC. Dale Andersen, a director of the company, is also a principal shareholder and director of the vendors. The shares to be issued to the related party vendors for the acquisition will be subject to escrow restrictions as required by the TSX Venture Exchange, and released in instalments over the next six years.

The Ivanpah property has a potential inferred mineral deposit of sand and gravel, estimated to be approximately 77.4 million cubic yards. This estimate is based upon the existence of a broad alluvial drainage with surface exposures of more than 15 feet deep, two closely spaced drill holes that show 150 to 200 feet of gravel depth, the existence of an operating sand and gravel quarry adjacent to the Ivanpah property with the same drainages, and surface sampling that indicated good quality gravel. Accordingly, the estimate is only conceptual in nature. There has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral reserve. Interested persons are referred to the complete text of the technical report for further information.

The company must also apply for and obtain a sand and gravel extraction permit from the Bureau of Land Management (BLM), which has the authority to sell or dispose of the sand and gravel for a royalty (usually $1.00 (U.S.) per cu. yard), in order to commence any commercial sand and gravel mining operations on the Ivanpah property. In the U.S., the holder of mining claims can apply to the BLM for permission to purchase and dispose of the sand and gravel on such claims, provided that the applicant submits a report from a geologist or mining engineer that describes the proposed disposal and its location, sets out a preliminary draft mining plan and the claimholder also waives any interference with work on any other potential mineralization on the claims. The company has requested a sand and gravel purchase from the BLM for two of the claims comprising the Ivanpah property, which is currently under review, and the company prepared to waiver this area for sand and gravel extraction.

The transaction has received conditional acceptance, and is subject to the final acceptance for filing by the TSX Venture Exchange.

This filing is available at:

http://www.stockwatch.com/nocomp/newsit/newsit_sedardoc.aspx?docid=1197247

This filing is available at:

http://www.stockwatch.com/nocomp/newsit/newsit_sedardoc.aspx?docid=1197251

Also CMQ Resources Inc (C:CMQ) News Release

Mr. William Glasier of Mill Bay reports

DRILLING STARTS ON MILL BAY VENTURES' LODE MINING CLAIMS IN NEVADA BY CMQ RESOURCES INC.

Mill Bay Ventures Inc., further to the company's news in Stockwatch dated Sept. 26, 2005, has been informed that CMQ Resources Inc. has commenced drilling on four Bureau of Land Management approved drill sites. It is expected that three holes will be drilled to a depth of approximately 1,600 feet this year and that will take at least 50 days to complete the program. The company has also received the second advanced royalty payment of $40,000 (U.S.) and 100,000 common shares of CMQ are being issued to the company.

John Hogg, vice-president of exploration for Vasquir Mines, a qualified person as defined by National Instrument 43-101, has approved this press release. Mill Bay is actively evaluating, acquiring and exploring prospective properties in Canada and the United States.

Mill Bay Ventures Inc. has commenced trading on the Frankfurt Stock Exchange under the symbol M4K and ISIN CA59980P1045, effective April 13, 2006.

2006-08-21 17:20 ET - News Release

Mr. William Glasier reports

MILL BAY DISCONTINUES EXPLORATION ON BLM URANIUM, VANADIUM MINING CLAIMS

Mill Bay Ventures Inc., through its wholly owned United States subsidiary Golden Reef Mining Co., has discontinued exploration on its BLM lode mining claims in Utah. Jack Moore, project manager, Geol, reports disappointing assay results from the drilling. Mr. Moore reports that indications are that there is not enough continuity of the channel thickness across the area tested to form anything but ore pods that assayed nil vanadium and very low uranium. Mr. Moore cannot recommend continuing the project with what was found in the drilling program.

Exploration activity will cease and reclamation will be completed as outlined by the Bureau of Land Management and the State of Utah.

The foregoing information has been approved by Jack Moore, PGeol, a qualified person pursuant to National Instrument 43-101.

July 13, 2006

The B.P. claim block consists of 32 lode mining claims. The assessment work will be reported after the drilling is complete for this 2006 phase, as approved by the BLM and the State of Utah. Mr. Moore will obtain the proper forms for reporting the assessment work and file the forms before the September deadline.

Drilling started on Monday, July 10, 2006, on the road just north of the B.P. # 4 mine workings. This area drilling will consist of nine holes averaging 120 feet in depth. The drilling of the balance of the 50 hole program is expected to start in a few days.

The work on clearing the balance of the B.P. # 6 Incline drift, is being completed. One hole drilled intercepted the mine drift and is being used to pump air into the drift to remove smoke from the excavation skid-loader. Mr. Moore obtained a drill cuttings sample about 4 feet above the workings that appears to have uranium-vanadium mineral in the cuttings. Two samples were obtained in two five foot cuttings samples from the first drill hole which was about 6 feet from the drift. All three samples are at the laboratory for analysis with results anticipated within 2 weeks. Mr. Moore will log the holes with radiometric logging equipment this coming week. The thickness of the sample correlates with the apparent thickness in the mine drift that John Adams reported cutting some years ago.

Previous grab samples indicated uranium assayed at approximately 0.18% and vanadium at 2.5%. Uranium is currently trading at about $46/lb and vanadium at $10/lb.

Estimated time to complete the project is four to six weeks.

June 5/2006

Mill Bay starts exploration on BLM uranium, vanadium mining claims

Mill Bay Ventures Inc., through its wholly owned United States subsidiary,
Golden Reef Mining Co., has started exploration on its BLM lode mining
claims in Utah. Jack Moore, Project Manager, Geol. reports that the
following work will commence immediately:

· Prepare road, clean out two adits and survey

· Locate drill targets

· Drill 50 holes to approximate depth of 180 feet each, log, sample, assay
and receive Geologist¹s analytic report
with recommendations.

Previous grab samples indicated uranium assayed at approximately 0.18% and
vanadium at 2.5%. Uranium is currently trading at about $43/lb and vanadium
at $15/lb.

The estimated time to complete the project is six to eight weeks.

The foregoing information has been compiled by Jack Moore, P. Geol, a
qualified person pursuant to National Instrument 43-101.

On behalf of the Board of Directors
of Mill Bay Ventures Inc.

³William Glasier²

Mr. William Glasier reports

MILL BAY STARTS EXPLORATION ON BLM URANIUM, VANADIUM MINING CLAIMS

Mill Bay Ventures Inc., through its wholly owned U.S. subsidiary, Golden
Reef Mining Co., has started exploration on its BLM lode mining claims in
Utah. Jack Moore, project manager, Geol, reports that the following work
will commence immediately:

prepare road, clean out two adits and survey;
locate drill targets; and
drill 50 holes to approximate depth of 180 feet each, log, sample, assay and
receive geologist's analytic report with recommendations.
Previous grab samples indicated uranium assayed at approximately 0.18 per
cent and vanadium at 2.5 per cent. Uranium is currently trading at about $43
per pound and vanadium at $15 per pound.

The estimated time to complete the project is six to eight weeks.

The foregoing information has been compiled by Jack Moore, PGeol, a
qualified person pursuant to National Instrument 43-101.

Mr. William Glasier reports

CLOSING OF PRIVATE PLACEMENT

Mill Bay Ventures Inc. has closed the private placement of 4.21 million units at a price of 10 cents per unit, as announced in Stockwatch on April 5, 2006, and April 17, 2006. Each unit consists of one common share and a share purchase warrant entitling the investor to purchase an additional common share at an exercise price of 12.5 cents per share until May 30, 2008.

The hold period for all securities issued under this private placement expires on Sept. 30, 2006.

The company has paid a total of $12,350 as finders' fees.

Number of shares: 4.21 million
Purchase price: 10 cents per share
Warrants: 4.21 million share purchase warrants to purchase 4.21 million shares
Warrant exercise price: 12.5 cents for a two-year period

Number of placees: 18
Insider participation: 058907 N.B. Ltd. (Gary Robertson, Dixi Robertson), 300,000; Intermark Capital Corporation (David Wolfin), 150,000; James A. Stewart, 200,000; William Glasier, 100,000

Pro group participation: James Oleynick, 30,000; Anthony P. Fierro, 25,000; J. Dave Ellis, 25,000

Finders' fees: $800 payable to Pacific International Securities Inc.; $1,800 payable to John Mullen; $1,000 payable to Tim Kenny; $8,750 payable to DLS Capital Inc. (Dianne Butterfield

Mr. William Glasier reports

Mill Bay Ventures Inc. has entered into an agreement with a related party to acquire 16 placer mining claims located in Clark county, Nevada, known as the Ivanpah property, covering up to 640 acres, more or less, for consideration of the issuance of 2.2 million common shares of the company and $128,000 (U.S.).

The transaction is subject to the acceptance for filing by the TSX Venture Exchange.

Mr. William Glasier reports

Mill Bay Ventures Inc. has granted incentive stock options for the purchase of up to 2,375,000 shares at a price of 12 cents per share exercisable on or before April 25, 2011, to directors, officers, employees and consultants of the company.

The options are subject to a stock option plan.

The net proceeds of the offering will be used for exploration and general working capital requirements.

The Company will pay finder fees in connection with this financing in accordance with TSX Venture Exchange policy.

The above transactions will be subject to regulatory approval.

On behalf of the Board of Directors
of Mill Bay Ventures Inc.

"William Glasier"
____________________________________
William Glasier
President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

EXPLORATION TO COMMENCE IMMEDIATELY ON GOLDEN REPEAT PROPERTY

Mill Bay Ventures Inc. has named Ed Bryant, consulting geologist, as project manager of the Golden Repeat property located near Midas, Nev. Mr. Bryant is highly qualified and has worked in the area for many years.

Mr. Bryant's recommendations are as follows:

Phase one:

1. research property history;
2. mapping to one-inch-to-500-feet scale showing claims and topography; and
3. collecting up to 100 rock chip samples for assay.

Phase two -- further work (based on observations of phase one):

1. geochemical survey; and
2. outcrop-scale mapping in selected areas with good geochemical response or visible alteration and/or mineralization.

Trenching and drilling may follow based on the results of phases one and two.

The foregoing information has been approved by Mr. Bryant, PGeo, a qualified person pursuant to National Instrument 43-101.

A technical report on the Golden Repeat property can be found on the company's website.

UTAH-URANIUM AND VANADIUM PROSPECT EXPLORATION TO COMMENCE IMMEDIATELY

Mill Bay Ventures Inc. has received approval of notice of intent, phase 1, for exploration of the BP claims located in Grand County, Utah, on its uranium-vanadium property from the regulatory authorities. This will entail road preparation, cleaning out the existing mine adits for surveying and geological examination.

Upon completion of phase one, the company will receive approval from the regulatory authorities to proceed with a drilling program as recommended by Jack Moore. The company has staked, surveyed in and recorded 53 BLM lode mining claims in Grand county, Utah, as recommended by Mr. Moore.

Samples have been taken from the property, assayed, split and sent to the Blanding mill, owned by International Uranium, for evaluation. The sampling program averaged 0.18 per cent uranium and 1.5 per cent to 2 per cent vanadium. Mr. Moore has recommended a 50-drill hole (9,000-foot) program to further establish reserves. The total program is estimated to cost about $100,000.

The foregoing information has been approved by Mr. Moore, PGeo, a qualified person pursuant to National Instrument 43-101

Mill Bay Ventures Inc. has amended the terms of the private placement announced in Stockwatch on Jan. 11, 2006. Up to six million units will now be offered at a price of 7.5 cents per unit, each unit consisting of one common share and one non-transferable share purchase warrant. Each warrant will entitle the investor to purchase one additional share at a price of 10 cents for two years from the date of closing.

The net proceeds of the offering will be used for exploration and general working capital requirements.

The company will pay finders' fees in connection with this financing in accordance with TSX Venture Exchange policy.

PRIVATE PLACEMENT - $750,000

Mill Bay Ventures Inc. has arranged a private placement of up to 10 million units at a price of 7.5 cents per unit, each unit consisting of one common share and one non-transferable share purchase warrant. Each warrant will entitle the investor to purchase one additional share at a price of 10 cents for two years from the date of closing.

The net proceeds of the offering will be used for exploration and general working capital requirements.

The company will pay finders' fees in connection with this financing in accordance with TSX Venture Exchange policy.

Mill Bay Ventures Inc. has issued 1,913,245 shares at a deemed price of nine cents to settle outstanding debts totalling $172,192.32. In accordance with Toronto Stock Exchange policy, the hold period for all securities issued under this share-for-debt transaction expires on May 16, 2006.

Mr. William Glasier reports

PRIVATE PLACEMENT - $225,000

Mill Bay Ventures Inc. has arranged a private placement of up to three million units at a price of 7.5 cents per unit, each unit consisting of one common share and one non-transferable share purchase warrant. Each warrant will entitle the investor to purchase one additional share at a price of 10 cents for two years from the date of closing.

The net proceeds of the offering will be used for exploration and general working capital requirements.

The company will pay finders' fees in connection with this financing in accordance with TSX Venture Exchange policy.

The above transactions will be subject to regulatory approval.

MMonday November 14 2005 - News Release
Mill Bay Ventures Inc (TSX-V:MBV)
Shares Issued 19,300,945
Last Close  11/11/2005 $0.06

Mr. William Glasier reports

CLOSING OF PRIVATE PLACEMENT

Mill Bay Ventures Inc. has closed the private placement of 2.99 million units at a price of seven cents per unit, as reported in Stockwatch on Sept. 16, 2005. Each unit consists of one common share and a share purchase warrant entitling the investor to purchase an additional common share at an exercise price of seven cents per share until Nov. 2, 2006, and, thereafter, at 10 cents per share until Nov. 2, 2007.

The hold period for all securities issued under this private placement expires on March 2, 2006.

The balance of this private placement will not be completed.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 16, 2005.

Shares:  2.99 million

Purchase price: Seven cents per share

Warrants: 2.99 million share purchase warrants to purchase 2.99 million shares

Warrant exercise price: Seven cents for a one-year period; 10 cents in the second year

Placees: 16

Finder's fees: Angela Delorme will receive $3,150. Global Securities Ltd. will receive 3,333 units with the same terms as the above private placement. Canaccord Capital Corporation will receive 6,666 units with the same terms as the above private placement. Darryl Glasier will receive $10,500. Jantina Froese will receive $2,660.

$0.085Monday October 17 2005 - News Release

Mr. William Glasier reports

Mill Bay Ventures Inc. has negotiated a shares-for-debt settlement with several creditors. The company will issue approximately 1,913,245 shares in settlement of $172,192.32 of debt. The transaction is subject to TSX Venture Exchange approval.

Mill Bay Ventures Inc (TSX-V:MBV) Shares Issued 19,300,945Last Close 9/27/2005 $0.08Thursday September 29 2005 - SEDAR Interim Financial Statements

This filing is available at:

http://www.stockwatch.com

Mr. William Glasier of Mill Bay reports

Mill Bay Ventures Inc., through its wholly owned subsidiary Golden Reef Mining Co. Inc., owns certain mining claims known as the E&E group and DH group, consisting of 54 unpatented mining claims, all located in Eureka county, Nevada.

Golden Reef has granted a 10-year mining lease to Vasquir Mines Inc., a subsidiary of CMQ Resources Inc., of the E&E group and the DH group, subject to 3-per-cent net smelter return, in consideration of the following minimum advance royalty payments (in U.S. dollars), CMQ shares and minimum work commitments:

September 16 2005 - News Release
Mr. William Glasier reports

Mill Bay Ventures Inc. has amended the terms of the private placement as described in its news dated July 6, 2005, in Stockwatch. Up to five million units will now be offered at a price of seven cents per unit, each unit consisting of one common share and one non-transferable share purchase warrant. Each warrant will entitle the investor to purchase one additional share at a price of seven cents for the first year from the date of closing and at a price of ten cents for the second year from the date of closing.

The company will pay finder fees in connection with this financing in accordance with the policies of the TSX Venture Exchange.

The net proceeds of the offering will be used for additional exploration and development work on the company's uranium-vanadium properties and for general working capital requirements.