Bougainville Cooperating with BCSC Review

VANCOUVER, British Columbia, Feb. 07, 2019 — Bougainville Ventures Inc. (“Bougainville” or the “Company”) announces that it has received inquiries from the British Columbia Securities Commission (“BCSC”) with respect to its transaction (“Transaction”) involving Gene Bank Research Inc. (see news release dated November 1, 2018). The Company is cooperating fully with the BCSC, and does not expect that the inquiries will interfere with the Company’s day-to-day activities. The Company is also reviewing the substance of the Transaction and working with legal counsel to determine its next steps.

The Company notes that it had requested a voluntary trading halt pending dissemination of this news release.

About Bougainville Ventures, Inc.

Bougainville provides cannabis infrastructure and seed-to-sale services to I-502 tenant-growers leasing greenhouse facilities space and providing fully built-out, turnkey solutions and ancillary services including processing, cannabis expertise and marketing and sales resources. Greenhouse canopies provide a 50% saving in cultivation cost.

For more information please visit: http://bougainvilleinc.com/On behalf of the Board of Directors

BOUGAINVILLE VENTURES INC.

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Andy Jagpal, CEO and Director