China Digital Ventures Corporation (OTCBB:CDVV) signed a letter of intent to acquire all of the mineral rights properties of ARNEVUT Resources Inc. on March 21, 2012. China Digital is currently negotiating definitive acquisition agreements.

China Digital Ventures Corporation (OTCBB:CDVV) cancelled the acquisition of all of the mineral rights properties of ARNEVUT Resources Inc. in the period ending on September 30, 2012. After the completion of due diligence of ARNEVUT, management of China Digital Ventures decided not to complete the acquisition.