First Bauxite Terminates Option Agreement at Doctor's Point Gold Project in B.C. Vancouver, BC – FIRST BAUXITE CORPORATION ("First Bauxite" or the "Company") (FBX: TSX-V) The Company announces that it has terminated the Option Agreement of July 06, 2006 with Johan Shearer covering the Doctor’s Point Gold Project in British Columbia.

Name Change to "First Bauxite Corporation" and 2 new for 1 old share split ACADEMY VENTURES INC. (“Academy” or the “Company”) Academy Ventures (ACV: TSX-V), Vancouver, B.C., is pleased to announce that it has received TSX Venture Exchange approval for its name change to First Bauxite Corporation and its share split on a one (1) old for two (2) new basis. Effective at the opening on December 5, 2008, the Company’s common shares will begin trading on a split basis under its new trading symbol “FBX”.

Academy Ventures Inc. Announces Bauxite Assay Results From Phase One Drilling On The Bonasika 1 Mining License in Guyana. ACADEMY VENTURES INC. (“Academy” or the “Company”) Academy Ventures (ACV: TSX-V), Vancouver, B.C., is pleased to announce that it has recieved its fourth and fifth sets of analytical reports from ACME Laboratories ("ACME"), consisiting of the assays of 493 samples submitted from thirty three (33) sonic drill holes.

PROPOSED NAME CHANGE TO "FIRST BAUXITE CORPORATION" AND 2 NEW FOR 1 OLD SHARE SPLIT ACADEMY VENTURES INC. (“Academy” or the “Company”) Academy Ventures (ACV: TSX-V), Vancouver, B.C., is pleased to announce that it is proposing to change its name to First Bauxite Corporation and to split its issued share capital by subdividing all of its 20,040,001 issued common shares without par value, into 40,080,002 common shares without par value, every one (1) such common share being subdivided into two (2) common shares.

Acquires Bonasika Ltd.& its Bauxite Projects in Guyana. Mr. Hilbert Shields Appointed New CEO, Mr. Albert Wu, New CFO & Mr. Jim Heras, Chairman of Academy. ACADEMY VENTURES INC. (“Academy” or the “Company”) Academy Ventures (ACV: TSX-V), Vancouver, B.C., is pleased to announce that it has received final acceptance from the TSX Venture Exchange (the "Exchange") to complete the acquisition of Bonasika Ltd. ("Bonasika") and indirectly Guyana Industrial Minerals Inc. ("GINMIN"), a wholly owned subsidiary of Bonasika.

Announces Bauxite Assay Results from 20 Sonic Drill Holes on the Bonasika Mining License in Guyana. ACADEMY VENTURES INC. (“Academy” or the “Company”) Academy Ventures (ACV: TSX-V), Vancouver, B.C., is pleased to announce that it has received its second and third sets of analytical reports from ACME Laboratories ("ACME"), consisting of the assay reports on 465 samples submitted from twenty (20) Bonasika 1 Sonic drill holes.

Receives First Assay Results From its Drilling Program on its Bonasika Bauxite Mining License in Guyana. ACADEMY VENTURES INC. (“Academy” or the “Company”) Academy Ventures (ACV: TSX-V), Vancouver, B.C., is pleased to announce that it has received assay results from the first two batches of samples sent for analysis to ACME Laboratories ("ACME"). The purpose of this News Release is firstly to update our shareholders and the general public in relation to the progress of the Company’s drilling campaign at its Bonasika bauxite Mining License in Guyana and secondly to announce the assay results to date.

Announces the Start of Sonic Drilling on its Bonasika Bauxite Mining License in Guyana Vancouver, B.C. – ACADEMY VENTURES INC. ("Academy" or the "Company") Academy Ventures (ACV: TSX-V) is pleased to announce that it has commenced sonic drilling of the bauxite deposits contained in the Bonasika Mining License in Guyana.

Academy Receives TSX Venture Exchange Conditional Acceptance to Acquisition of Bonasika Ltd. & Engages Aluminpro to Provide "QP" Responsibilities & Other Services at its Bonasika Bauxite Project in Guyana. ACADEMY VENTURES INC. (“Academy” or the “Company”) Academy Ventures (ACV: TSX-V), Vancouver, B.C., is pleased to announce it has received conditional acceptance from the TSX Venture Exchange to its proposed acquisition of Bonasika Ltd. and its subsidiary Guyana Industrial Minerals Inc. ("GINMIN").