Universal Ventures Inc. Announces Election of New Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 5, 2015) - Universal Ventures Inc. (the "Company") (TSX VENTURE:UN) announces that at its shareholders meeting held on Friday, July 31, 2015, shareholders re-elected as directors incumbents Messrs. Charalambos (Harry) Katevatis, Jerry Minni, Barry Price and Vivian Katsuris, and also elected new directors Zara Kanji and Brett Kagetsu.

Zara Kanji is a founder of Zara Kanji & Associates (established in 2004), which provides accounting, tax and management consulting services. Ms. Kanji is experienced in financial reporting compliance for junior listed resource companies, taxation, general accounting, financial reporting and value added operational consulting services for individuals, private and public companies. Prior to starting her accounting practice, Zara served as a controller for a marketing company, served as an accountant in public practice for a CA firm, a CGA firm and served as an analyst for a pension fund. In addition to providing accounting and financial compliance services to private and public entities, Ms. Kanji has served as director and officer for several listed issuers. Zara has been a Member of the Certified General Accountants Association of British Columbia and Canada since August 2003. Zara holds a Bachelors of Technology in Accounting (Honors) and a Diploma in Corporate Finance (Honors) from the British Columbia Institute of Technology.

Brett Kagetsu is a corporate finance and securities lawyer who is a partner of the Vancouver office of Gowling Lafleur Henderson LLP, one of Canada's largest law firms. Mr. Kagetsu has worked with Canadian public companies for over 19 years, assisting them with corporate governance, financings, mergers and acquisitions and regulatory compliance. He has been a longtime instructor of the TSX Venture Exchange's Rules & Tools corporate governance workshop. Mr. Kagetsu earned a Bachelor of Commerce degree in 1991 and a Bachelor of Laws degree in 1995 from the University of British Columbia.

ON BEHALF OF THE BOARD OF DIRECTORS

Charalambos (Harry) Katevatis, President & Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.