GOLDNEV RESOURCES INC. ANNOUNCES POSTPONEMENT OF ANNUAL MEETING OF THE
SHAREHOLDERS

CALGARY, Oct. 12 /CNW/ - Goldnev Resources Inc. ("Goldnev" or the "Corporation") (TSX Venture Exchange - "GNZ"), announces that its previously announced (September 2, 2010) Annual Meeting of the Shareholders, originally scheduled to be held on Thursday, October 28, 2010, has been postponed. The Corporation will announce a new date for an Annual and Special Meeting in the very near future.

The Annual Meeting has been postponed because the Corporation filed in error a notice to hold only an Annual Meeting and not an Annual and Special Meeting. An Annual and Special Meeting is required in order that that the shareholders can consider the approval of both a corporate name change from Goldnev to Blackstone Petroleum Inc. and a corporate continuance from British Columbia to Alberta, in addition to the standard annual considerations, including , stock option plan approval, appointment of auditors and election of directors.

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

About Goldnev

Goldnev Resources Inc. is a public energy company focused on the search for and commercialization of conventional and unconventional hydrocarbon deposits in Western Canada. The company is developing conventional oil and gas assets in northeastern British Columbia, southwestern Alberta and a unconventional oil shale development project in east central Saskatchewan. Goldnev shares trade on the TSX Venture Exchange under the symbol "GNZ."

Anyone wishing to be added to the Corporation's news release recipients list may forward an e-mail request to [email protected].

For further information:

on Goldnev, please visit our website at www.goldnevresources.com or email at [email protected] or contact:
Mr. Marc Dame
President and Chief Executive Officer
Goldnev Resources Inc.
Telephone: [phone]
Facsimile: [phone]
E-mail: [email protected]
Suite 485, 708 - 11th Avenue S.W.
Calgary, Alberta,
T2R 0E4