NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Bridgeport Ventures Inc. (TSX VENTURE:BPV) ("Bridgeport" or the "Company") is
pleased to announce that it has increased the size of its previously announced
non-brokered private placement, such that Bridgeport now proposes to issue up to
an aggregate of 12,800,000 units ("Units") at a price of $1.00 per Unit to raise
aggregate gross proceeds of up to $12,800,000. All other terms of the offering
remain the same as set forth in the previous press release of the Company dated
November 11, 2009. 


The private placement remains subject to the approval of the TSX Venture Exchange. 

Forward Looking Statements - Certain information set forth in this news release
may contain forward-looking statements that involve substantial known and
unknown risks and uncertainties. These forward-looking statements are subject to
numerous risks and uncertainties, certain of which are beyond the control of
Bridgeport, including, but not limited to the impact of general economic
conditions, industry conditions, volatility of commodity prices, risks
associated with mining activities, currency fluctuations, dependence upon
regulatory approvals, the availability of future financing and exploration risk.
Readers are cautioned that the assumptions used in the preparation of such
information, although considered reasonable at the time of preparation, may
prove to be imprecise and, as such, undue reliance should not be placed on
forward-looking statements.


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