Dacha Capital inc.

Dacha Capital inc.

July 13, 2009 11:05 ET

Dacha Capital Strengthens its Board of Directors

MONTREAL, QUEBEC--(Marketwire - July 13, 2009) - Dacha Capital Inc. (TSX VENTURE:DAC) (the "Corporation") has strengthened its Board of Directors through the appointment of Mr. Stan Bharti and Mr. Scott Moore effective July 13, 2009.

Mr. Bharti is a professional engineer and is currently the President and Chief Executive Officer of Forbes & Manhattan, Inc., a private merchant bank operating in Canada, the United States and Western Europe. From February 2002 to April 2006, he was Chairman and a director of Desert Sun Mining Corp., a Toronto Stock Exchange-listed mining company which was acquired by Yamana Gold Inc. He has over 25 years of experience in operations, public markets and finance. Mr. Bharti is also a director of several public and private companies.

Mr. Moore is a business executive with over 20 years experience He is currently Vice-President of Aberdeen International and is a director of Sulliden Exploration Inc and Franc-Or Resources. He holds a B.A from the University of Toronto and an MBA from the Kellogg School of Management.

The appointment of Mr. Bharti and Mr. Moore to the Board of Directors of the Corporation follows the resignation of Mr. Rene Branchaud and Mr. Jocelyn Trottier. The Corporation acknowledges the contributions of Mr. Branchaud and Mr. Trottier to the Corporation's success and wishes them continued success in their future endeavours.

About Dacha

Dacha is a Quebec based public company involved in the venture capital business. Its common shares have been listed on the TSX Venture Exchange under the symbol "DAC" since October 2002.

Cautionary Notes

This press release contains "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes, but is not limited to, statements with respect to the future financial or operating performance of the Company. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current operations and investment activities; acquisition risks; and other risks of the venture capital industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither 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 release.

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