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March 28th, 2016, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces that it has entered into an agreement (the “Settlement Agreement”) to issue shares to settle outstanding debt of $87,680 with an arm’s length creditor. The Company intends to issue 1,753,600 common shares of Ashburton Ventures at a deemed price of $0.05 (the "Transaction"). The Transaction is subject to TSX Venture Exchange approval.
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
TSX.V ABR FRANKFURT ARB
0.02+0.00
705,000