Stellar Pacific Ventures Inc. Grants 1,500,000 Stock Options

MONTREAL, QUEBEC--(Marketwire - July 29, 2010) - Stellar Pacific Ventures Inc. (TSX VENTURE:SPX) ("Stellar" or the "Company") announces that it has granted 1,500,000 stock options to service providers. Each stock option entitles its holder to subscribe for one common share of Stellar at a price of $0.10 per share. Their expiry date is July 22, 2015.

The company reports that it has changed the stock options price from $0.07 to $0.10 on the 2,900,000 stock options granted on March 18, 2010.

About Stellar Pacific Ventures

Stellar Pacific Ventures (TSX VENTURE:SPX) is a Canadian-based mining exploration company whose primary mission is to target, explore and develop gold deposits in Canada and in Africa.

Stellar is dedicated to creating growth by discovering and mining the earth's resources in an efficient and environmentally responsible manner.

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.

You are invited to visit our new website at: www.stellarpacific.ca