AOVTF Andover Mining Corporation (CE)

RedChip Research, a division of RedChip Companies, Inc., today announced it has initiated research coverage on Andover Ventures Inc. (TSX-V:AOX)(Pink Sheets:AOVTF), a precious and base metal exploration and development company with holdings in the historic East Tintic Mining District, Utah, USA, and the polymetallic-rich Ambler Mining District, Alaska, USA.

To receive a complimentary copy of the RedChip Research Report for AOX.V, please visit: http://www.redchip.com/about/aboutmain.asp?rid=384

To learn more about Andover Ventures Inc. visit http://www.redchip.com/visibility/investor.asp?symbol=AOX.V

About RedChip Companies, Inc.

RedChip Companies is an international, small-cap research and financial public relations firm headquartered in Orlando, Florida; with affiliate offices in Beijing, China; Paris, France; and Seoul, Korea. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research™, Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Small-Cap TV™, Shareholder Intelligence, Social Media and Blogging Services, Webcasts, and RedChip Radio™. To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp.

"Discovering Tomorrow's Blue Chips Today"™ The RedChip Companies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2761

Disclosure

None of the profiles issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. Any investor should determine whether a particular security is suitable based on the investor's objectives, other securities holdings, financial situation needs, and tax status. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. Andover Ventures Inc. ("AOX") is a client of RedChip Companies, Inc. and of RedChip Visibility, a division of RedChip Companies. AOX paid RedChip Visibility, a division of RedChip Companies, Inc., $18,000 for twelve (12) months of RedChip Visibility Program services, which included the preparation of the equity research report(s). The equity research report(s) were prepared for informational purposes only and were paid for by the company portrayed in the report. Information contained in the equity research report(s) is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. The equity research report(s) are not a recommendation of a solicitation to purchase or sell any security, nor do they constitute investment advice. RedChip Companies, Inc., is currently engaged by this company to provide investor awareness services. Investor awareness services and programs are designed to help small-cap companies communicate their investment characteristics. AOX agreed to pay RedChip Companies, Inc., a fee of $10,000 in cash per month and stock options to purchase up to 400,000 shares of the Company's common stock, with an exercise price of $0.65 per share with a cashless exercise option, for twelve (12) months of these investor relations services. The option shall be fully vested on September 20, 2011 and exercisable until June 20, 2013. RedChip Companies, Inc., employees and affiliates may maintain positions and buy and sell the securities or options of the issuers mentioned herein.

CONTACT: RedChip Companies Inc.
         1-800-REDCHIP (733-2447)
         research@redchip.com
         http://www.redchip.com