January 7, 2008

HELLIX ARRANGES UP TO 2.5 MILLION UNITS AT $0.50 PRIVATE PLACEMENT

HELLIX VENTURES INC.) The Company is pleased to announce it has arranged a non-brokered private placement of up to 2.5 million units at a price of $0.50 per unit, for total gross proceeds of up to $1,250,000 subject to regulatory and all other required approvals. Each unit will consist of one common share and one non-transferable common share purchase warrant exercisable at $0.65 for 18 months after the closing, one (1) warrant shall be required to exercise for each one (1) common share at the exercise price. The issuance will comply with the hold periods and legending requirements as required by section 5.3 of TSX Venture Policy 3.2. A finders fee agreement has been entered into with Melitopol Kapital Gruppe “Melitopol”. Under the agreement Melitopol receive cash commission of 9% for any units so placed by them, subject to closing and all other contractual and regulatory requirements.

Proceeds will be spent on: the exploration and development of the Company’s Three Claim mining Concessions in Durango State, Mexico; evaluation of new properties; general and administrative purposes.

Hellix Ventures is engaged in the identification, acquisition, exploration and development of gold and silver properties. Hellix has no debt (other than short term trade payables) and is financially sound. All transactions stated or referred to herein are expressly subject to TSX Venture Exchange approval as well as all other applicable regulatory approvals.

ON BEHALF OF THE BOARD OF DIRECTORS
HELLIX VENTURES INC.

Frank Underhill
President

HELLIX VENTURES INC. 
Email: info@hellixventures.com 

Toll Free: 1-877-430-3113  Phone: (604) 683-6657  Fax:  (604) 684-4407

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. We seek Safe Harbour