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Borneo Resource Investments Ltd. Acquires Rights to 3,300 Hectares in Kalamantin Province Prospective for Steaming Coal

Recently concluded preliminary geologic studies indicate that the concessions may contain as much as 20 million tons of coal reserves; The value of coal in the ground could exceed US $1 billion

BOTHELL, Wash., Oct. 12, 2011 /PRNewswire via COMTEX/ -- Borneo Resource Investments Ltd. (OTCPK: BRNE), a resource prospect developer and energy trading company operating in the Kalamantin province, Borneo, Republic of Indonesia, announced today that it has acquired two resource concessions prospective for steaming coal.

The Company, which recently acquired Interich International Limited and changed its name from Aventura Resorts, Inc., has signed agreements to acquire 3,300 hectares prospective for steaming coal. The agreements have been entered into by the Company's wholly-owned subsidiary, Interich International Limited.

The first agreement gives the Company the mining rights on a 1,300 hectare property which the Company believes, pending a final geological study, may contain steaming coal reserves of up to 8 million tons. The second agreement is a memorandum of understanding for the mining rights for an additional 2,000 hectare property, which the Company believes may contain over 12 million tons in estimated steaming coal reserves.

"The acquistion of these two concessions was of the utmost importance, as we now have secured an asset that we believe will add tremendous shareholder value over the long term," commented Mr. Nils Ollquist, CEO and President of Borneo Resource Investments, Ltd. "We have very strong relationships in Kalimantan province, and I am pleased that they are providing us with access to extraordinary opportunities like these.

Mr. Ollquist added, "We will continue to build our portfolio according to the prospect generator business model, acquiring properties that we feel have strong resource potential, then seeking out qualified partners to bring the projects to fruition. By proceeding in this manner we will limit shareholder dilution and increase our cash flow as projects come on line."

The Company said that given the current median market price of steaming coal of approximately $50 per ton, the steaming coal located on the two properties that were acquired, prior to the costs of extraction and shipping, could exceed US $1 billion. Both properties have mining and production licenses, therefore the Company has the approvals in place already to export the steaming coal from Indonesia.

The Company has already initiated discussions with potential strategic partners in Europe, Asia and Australia to bring in additional capital and expertise. These strategic partners are targeting infrastructure development for the properties under the Company's control. The infrastructure buildout will consist of both mining and construction of on-site power generation facilities, which will take advantage of the high quality steaming coal located on the properties. This will significantly reduce the capital requirements that development of the properties would otherwise impose, in exchange for revenue sharing for the steaming coal that is mined and the power that is produced and sold into the local grid.

"We will also be involved in energy trading activities," continued Mr. Ollquist. "To that end, we have gained access to significant quantities of coal that can be brokered into the market. Our first trade is approximately 120,000 tons of medium quality coal, which will be sold to an Indian end user. Management believes that our trading activities are the shortest path to immediate revenues."

The Company's concessions are heavily forested. Kalimantan contains some of the largest reserves of tropical rain forest outside the Amazon. Management intends to acquire timber licenses so that in the early stages of the development of the concessions, it can harvest the timber. The Company realizes it is operating in a sensitive environment, and intends to use sustainable harvesting practices. Revenue from timber sales will provide funding for mining operations and enhance the Company's profits.

Mr. Ollquist concluded by saying, "Our corporate structuring continues to advance. We are building a strong management team and Board of Directors, and we anticipate filing a Form 10 with the Securities and Exchange Commission before the end of 2011. Our Company is in the process of being fully audited, with our ultimate goal being to up-list our shares onto a senior securities exchange in the United States. We sincerely appreciate the support of our stakeholders and service providers. We will do our very best to continue adding shareholder value over the coming months and years."