Sep 04, 2009 - Consolidated Spire Ventures ("the Company") is pleased to announce that it has arranged a non-brokered private placement of 10,000,000 units at $0.025 per unit for gross proceeds of $250,000. each unit consists of one common share and one one-year share purchase warrant. each warrant entitles the holder to purchase one additional common share of the company at a price of $0.05 for one year from the date of closing. a finder's fee will be payable in accordance with the policies of the tsx venture exchange. the terms of the private placement are subject to approval by regulatory authorities.

The proceeds of this private placement will be used for general working capital purposes.

In addition, the company has decided not to proceed with the remaining private placement announced on june 5, 2009 due to current market conditions.

For information or investor relations contact the company

At (604) 662-7455 or visit the website at www.spireventures.com

ON BEHALF OF THE BOARD

Brian Buchanan

President And Director

Neither the 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 news release.