NANAIMO, British Columbia – (Business Wire) – July 11, 2007

World Ventures Inc. (the “Company”)  (OTCBB:WVNTF)  announces that the Company has negotiated and closed on July 10th, 2007 a non-brokered private placement of Eight hundred twenty five thousand (825,000) units at a price of 20 cents per unit. Each unit is composed of one common share in the capital of World Ventures Inc., and a two-year common share purchase warrant. Each purchase warrant will entitle the holder to purchase an additional common share of World Ventures Inc. for a period on 24 months from closing at an exercise price of 30 cents per share unless the Company’s shares trade on the OTC B:B at a price greater than or equal to 50 cents per share at any time during the trading day for a period of 10 consecutive trading days( the “Premium Trading Days”), after which time the exercise period shall be shortened to period of 14 calendar days commencing on that day which is the tenth Premium Trading Day.

World Ventures Inc. announces that it has granted a total of 1,250,000 stock options to its directors and officers and of 50,000 in favour of a consultant. All options are exercisable at a price of 25 cents per share and will expire on July 4th, 2009.

About World Ventures Inc.
World Ventures Inc. is an early-stage mining company that focuses on the exploration and production of precious metals. The objective of management is to grow World Ventures into a significant gold and precious metals producer by further developing its Nevada, Saskatchewan and Ontario gold properties, and by acquiring other projects.

ON BEHALF OF THE BOARD
Raynerd B. Carson
President and CEO

No regulatory authority has approved or disapproved of the information contained in this news release.

FOR FURTHER INFORMATION CONTACT:
Ray Carson, President and CEO            (250) 756-0291
John Curry, Director and VP Sales and Marketing    (250) 756-0291

Cautionary and Forward Looking Statement Information

This release contains certain statements that are "forward-looking" statements (as the term is defined in the Private Securities Litigation Reform Act of 1995) including statements regarding SEC approval and the sufficiency of the funds raised. Any such forward-looking statements are inherently speculative and are based on currently available information, operating plans and projections about future expectations and trends. As such, they are subject to numerous risks and uncertainties, such as general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, and other factors over which World Ventures Inc. may have little or no control. Actual results and performance may be significantly different from expectations or trends expressed or implied by such forward-looking statements. World Ventures Inc. expressly disclaims any obligation to update the statements contained in this release. For more information on the Company, Investors should review the Company’s annual filing Form 20-F filing with the United States Securities Commission and its home jurisdiction filings that are available at www.sedar.com. or the Company’s website at www.worldventuresinc.com.

PDF Version available here  World Ventures Inc. – Private Placement Financing and Share Purchase Options 43.31 Kb