Blue River Reousrces Ltd.

TSX.V:BXR
US:BRVRF
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BLUE RIVER RESOURCES LTD. COMPLETES IPO

August 29, 2011

Vancouver, British Columbia, August 29, 2011 –Blue River Resources Ltd. (the "Company")

(TSX VENTURE: BXR) (http://www.blueriv.com) is pleased to announce the completion of its
Initial Public Offering, which raised gross proceeds of $1,500,000. Union Securities Ltd. acted as
agent for the offering.

Pursuant to the initial public offering, 7,500,000 common shares (each a "Share") in the capital of
the Company were offered at a price $0.20 per Share.

The Company issued to the Agent 750,000 agent's warrants (the "Agent's Warrants"),
representing 10% of the number of shares sold in accordance with the policies of the TSX
Venture Exchange. Each Agent's Warrant entitles the holder to purchase one common share (an
"Agent's Warrant Share") of the Company exercisable at any time for a period of five years after
closing of the IPO at an exercise price of $0.20 per Agent's Warrant Share.

The Company's common shares were listed for trading on the TSX Venture Exchange as of
August 26, 2011 under the trading symbol "BXR".

The Company intends to use the proceeds of the offering to make exploration expenditures on the
Castle Property and for general working capital requirements as further described in the

Company's prospectus dated June 8, 2011.