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News Releases 2008

December 24, 2008
First Bauxite Terminates Option Agreement at Doctor's Point Gold Project in B.C.
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.
December 05, 2008
NAME CHANGE TO "FIRST BAUXITE CORPORATION" AND 2 NEW FOR 1 OLD SHARE SPLIT
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”.
December 01, 2008
Academy Ventures Inc. Announces Bauxite Assay Results From Phase One Drilling On The Bonasika 1 Mining License in Guyana.
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.
November 18, 2008
PROPOSED NAME CHANGE TO "FIRST BAUXITE CORPORATION" AND 2 NEW FOR 1 OLD SHARE SPLIT
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.
November 17, 2008
Acquires Bonasika Ltd. & its Bauxite Projects in Guyana - Mr. Hilbert Shields Appointed New CEO - Mr. Albert Wu Appointed New CFO & Mr. Jim Heras Appointed Chairman of Academy
Academy Ventures, Vancouver, B.C., is pleased to announce that it has received final acceptance from the TSX Venture Exchange to complete the acquisition of Bonasika Ltd. and indirectly Guyana Industrial Minerals Inc. ("GINMIN"), a wholly owned subsidiary of Bonasika.
November 12, 2008
ACADEMY ANNOUNCES BAUXITE ASSAY RESULTS FROM 20 SONIC DRILL HOLES ON THE BONASIKA MINING LICENSE IN GUYANA
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.
October 15, 2008
Academy Receives First Assay Results From its Drilling Program on its Bonasika Bauxite Mining License in Guyana.
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.
September 03, 2008
ANNOUNCES THE START OF SONIC DRILLING ON ITS BONASIKA MINING LICENSE IN GUYANA
Vancouver, B.C. – 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.
August 26, 2008
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 (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").
August 06, 2008
ACADEMY VENTURES INC. RETAINS MANTIS CAPITAL PARTNERS LTD. TO PROVIDE INVESTOR RELATIONS SERVICES
Academy Ventures (ACV: TSX-V) is pleased to announce it has engaged Mantis Capital Partners Ltd., (“Mantis”) to assist with the design and implementation of a comprehensive investor communications and market awareness program for the company
June 13, 2008
Early Warning Report filed Pursuant to Part 4 of National Instrument 62-103
Academy Ventures (ACV: TSX-V) has received an “Early Warning Report Filed Pursuant to Part 4 of National Instrument 62-103” which has been filed by Passport Management, LLC
May 26, 2008
ACADEMY VENTURES ANNOUNCES EXPLORATION AGREEMENT WITH RIO TINTO
Academy Ventures (ACV: TSX-V) is pleased to announce that on May 23, 2008 it has signed a Letter of Understanding (“LOU”) with Rio Tinto Mining and Exploration Limited (“Rio Tinto”), one of the world’s leading mining and exploration companies, covering the Essequibo-Demerara bauxite exploration project in Guyana
May 23, 2008
Academy Ventures has received and filed the NI 43-101 Compliant Technical Report with respect to its bauxite properties in Guyana
Academy Ventures (ACV: TSX-V) is pleased to announce that it has received the NI 43-101 Compliant Technical Report with respect to its Bonasika Bauxite Project, including the Bonasika 1,2 and 5 Mining License (“ML”), the Waratilla-Cartwright Prospecting License (“PL”) and the Essequibo-Demerara Permission for Geophysical and Geological Studies (“PGGS”) claim blocks
May 07, 2008
ACADEMY VENTURES HAS CLOSED A $2,175,000 PRIVATE PLACEMENT
Academy Ventures (ACV: TSX-V) is pleased to announce the closing of the previously announced (April 17th) non-brokered private placement of 1,500,000 Units at a price of $1.45 per Unit on May 6, 2008
April 17, 2008
Academy Ventures ARRANGES A $2,175,000 Private Placement
Academy Ventures (ACV: TSX-V) is pleased to announce that it has arranged a nonbrokered private placement of 1,500,000 Units at a price of $1.45 per Unit
April 02, 2008
ACADEMY VENTURES INITIATES A DRILLING WORK PROGRAM AT DOCTORS’ POINT GOLD PROJECT IN BRITISH COLUMBIA, CANADA
Academy Ventures (ACV: TSX-V) is pleased to announce that on April 02, 2008 the Company will commence drilling on Doctor’s Point Gold project in British Columbia, Canada
February 19, 2008
Academy Ventures Initiates Work Program at Doctor's Point Gold Project, Canada *** Academy Ventures Initiates NI 43-101 at Bonasika Bauxite Project, Guyana
The Company has initiated the exploration work program at Doctors’ Point Gold Project, as outlined in its final prospectus dated November 13, 2007 for the Company`s Initial Public Offering (IPO) *** In addition and following the Company’s News Releases dated February 7 & 8, 2008 , Academy is happy to announce the commencement of the necessary National Instrument 43-101 compliant engineering report on the bauxite properties owned by GINMIN
February 08, 2008
ACADEMY VENTURES EXECUTES LETTER OF INTENT TO ACQUIRE BONASIKA Ltd AND ITS BAUXITE MINING & EXPLORATION ASSETS IN GUYANA
Academy Ventures (ACV: TSX-V) would like to present the following clarification in relation to the Company’s News Release dated February 7th, 2008 (“NR”), about the execution of a binding Letter of Intent with Bonasika Ltd
February 07, 2008
Academy Ventures Executes Letter of Intent to acquire Bonasika Ltd and its bauxite mining & exploration assets in Guyana *** Academy Ventures appoints Hilbert Shields as new CEO
Academy Ventures (ACV: TSX-V) is pleased to announce that it has executed a binding Letter of Intent with Bonasika Ltd, a BVI registered company, pursuant to which Academy will purchase from the shareholders of Bonasika all of the issued shares of Bonasika
February 04, 2008
ACADEMY VENTURES INC RETAINS AGORACOM TO PROVIDE INVESTOR RELATIONS, SOCIAL NETWORK AND GOOGLE SEARCH ENGINE PROGRAM
Academy Ventures is pleased to announce it has retained the services of AGORACOM Investor Relations to provide online investor relations services
January 02, 2008
Academy appoints Ioannis Tsitos as new President
The Board of Directors of the Company is very pleased to announce the appointment of Ioannis (Yannis) Tsitos as President and Director and member of the Board of Academy, effective January 2, 2008