Stellar Pacific Completes a $200,000 Financing

FOR IMMEDIATE RELEASE Symbol: SPX – TSX V

STELLAR PACIFIC COMPLETES A $200,000 FINANCING

Montreal, May 11, 2010 – Stellar Pacific Ventures Inc. (“Issuer” or “Corporation”) is pleased to announce the completion of a $200,000 non-brokered private placement. The Corporation will issue 200 units at a cost of $1,000 per unit, each unit including 10,000 flow-through common shares at a price of $0.08 per share, 4,000 common shares at a price of $0.05 per share and 14,000 common share purchase warrants of the Issuer. Each warrant entitles its holder to purchase one additional common share of the Issuer at the purchase price of $0.12, for 24 months following the closing date. The shares are subject to a 4 month minimum hold period.

This financing is subject to the approval of the TSX Venture Exchange.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FOR FURTHER INFORMATION PLEASE CONTACT:

Stellar Pacific Ventures Inc.

Maurice Giroux, CEO Tel: 514-866-6299 E-mail: [email protected]