Mondial Ventures, Inc. Reports 47% Decrease In Issued Share Capital Structure

SCOTTSDALE, Ariz., Nov. 9, 2012

The reduction in share capital is a result of 71,000,000 common shares being cancelled from previous shareholders subsequent to the Company's first Oil and Gas property acquisition which was announced on August 2, 2012. The acquisition including assignments and fees was settled by way of the issuance of 19,000,000 newly issued common shares. A further 5,000,000 shares were issued for the appointment of executive management. As a result, the new reported share structure of the Company currently sits at 53,000,000 shares outstanding.

About Mondial Ventures Inc.

Mondial Ventures, Inc. is Oil and Gas Producer engaged in the acquisition of Oil and Gas properties and assets that can be developed into revenue producing assets. The Company has put an emphasis on acquiring existing Oil fields with proven reserves or by the rehabilitation of oilfields with potentially high throughput. Production has commenced on the Company's first acquisition and the Company has recently announced its second acquisition with drilling targets located in the Barnett shale formation. All properties are located in Texas.

Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Mondial Ventures Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Mondial Ventures Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Mondial Ventures Inc.'s filings with the Securities and Exchange Commission.

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