2051580 Ontario Inc. Acquires Common Shares of Valencia Ventures Inc.

TORONTO, ONTARIO--(Marketwired - Sept. 15, 2014) - 2051580 Ontario Inc. ("205 Ontario") announces that on August 28, 2014, 205 Ontario acquired 2,500,000 common shares (the "Purchased Shares") of Valencia Ventures Inc. ("VVI") at a price of $0.06 per Common Share pursuant to a private placement financing completed by VVI (the "Financing"). The Purchased Shares represented 15.18% of the 16,473,422 issued and outstanding common shares of VVI upon the completion of the Financing.

Prior to the completion of the Financing, 205 Ontario did not own any common shares of VVI and Mr. Stan Bharti, the sole shareholder of 205 Ontario, held 6,250 stock options of VVI (the "Stock Options"). Upon the completion of the Financing, assuming Mr. Bharti were to exercise all of the Stock Options, 205 Ontario and Mr. Bharti would together own in total 2,506,250 common shares of VVI, representing 15.21% of the 16,479,672 then issued and outstanding common shares of VVI.

205 Ontario subscribed for the Purchased Shares for investment purposes and continues to monitor the business, prospects, financial condition and potential capital requirements of VVI. Depending on its evaluation of these and other factors, 205 Ontario may from time to time in the future increase or decrease its ownership, control or direction over the common shares or other securities of VVI though market transactions, private agreements, subscriptions from treasury or otherwise.

For further information, including a copy of the early warning report filed in connection with this transaction, please contact Kam Gill at (416) 861-5875.