TWIN VENTURES LTD
PRESS RELEASE
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>2
<FILENAME>f8kapr04ex10_twinventures.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>
<!-- MARKER FORMAT-SHEET="Head Major Center Bold" FSL="Default" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4><U>TWIN VENTURES LTD.</U> </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold" FSL="Default" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=3>NEWS RELEASE </FONT></H1>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=TOP>
     <TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>April 23, 2004</B></FONT></TD>
     <TD WIDTH=50% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Trading Symbol: TWVL
OTCBB</B></FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>BAINRIDGE ISLAND, WA, -<B>Twin
Ventures, Ltd</B>. (OTCBB: TWVL) is pleased to announce that as of today&#146;s date Mr.
Victor L. Perkell, (B.A., L.L.B.) has been appointed as a member of the Board of Directors
of the Company. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush" FSL="Default" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Mr.&nbsp;&nbsp;&nbsp;&nbsp;
          Perkell received his B.A. in Political Science from Glendon College, York
          University, Toronto in 1988 and his L.L.B. from Osgoode Hall Law School in 1991.
          Mr. Perkell has been a member of the bar since 1993 when he practiced as a sole
          practitioner and later founded the partnership of Bedford-Jones &amp; Perkell in
          Toronto. Mr. Perkell was counsel in several high-profile cases and also
          maintained a small commercial practice. Since retiring from private practice in
          the late 1990s, Mr. Perkell continues to consult and manage various business
          interests in the Toronto area. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Simultaneous with the appointment of
Mr. Perkell to the Board of Directors of the Company, Mr. Brian Bisset has tendered his
resignation from the Board of Directors of the Company to puruse other interests. In
addition, Mr. Graeme Scott, the President of the Company, has purchased, in a private
transaction 4,000,000 common shares of the Company which are restricted in accordance with
Rule 144 of the Securities Act of 1933. Mr. Scott now holds a cumulative total of
6,000,000 common shares. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>After these corporate changes, the
Company intends to continue its philosophy to seek, evaluate and engage in the
acquisition, exploration and development of mineral properties with exploration and
development potential. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Safe harbour for Forward-Looking
Statements: </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Except for statements of
historical fact, the information presented herein constitutes forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievements of the company to
be materially different from any future results, performance or achievements expressed or
implied by such forward-looking statements. Such factors include general economic and
business conditions, the ability to acquire and develop specific projects, the ability to
fund operations and changes in consumer and business consumption habits and other factors
over which Twin Venture Ltd. has little or no control.</I> </FONT></P>

</BODY>
</HTML>

</TEXT>
</DOCUMENT>
