Valencia Ventures Inc.
TSX VENTURE : VVI

Valencia Ventures Inc.

April 25, 2014 17:09 ET

Valencia Announces Filing of Notice and Access

TORONTO, ONTARIO--(Marketwired - April 25, 2014) - Valencia Ventures Inc. (TSX VENTURE:VVI) ("Valencia" or the "Company") announces that it will be again taking advantage of the Notice-and-Access rules to reduce printing and mailing costs associated with the dissemination of annual information to shareholders. Notice-and-Access permits annual financial statements, management's discussion and analysis and meeting circulars to be posted on public companies' websites, instead of being mailed to shareholders.

The Company will post on its website, www.valenciaventures.com, under the "Investors" tab, the meeting circular, annual financial statements and management's discussion and analysis in respect of its upcoming annual general and special meeting to be held on May 26, 2014.

Consolidation

Among other matters which may duly come before shareholders, the Company proposes that shareholders consider and approve a share consolidation (the "Consolidation") on the basis of one new common share of the Company (each,a "New Share") for up to every eight existing common shares of the Company (each, an "Old Share"), or such lower number of Old Shares as may be determined by the Board of Directors of Valencia and as may be required to obtain approval of the consolidation from the TSX Venture Exchange. The principal effects of the Consolidation will be that the number of common shares of the Company issued and outstanding will be reduced from 16,754,065 Old Shares as of April 10, 2014 to approximately 2,094,258 New Shares, assuming a consolidation ratio of 8 to 1.

The expected benefits of the Consolidation include improved trading liquidity from lower transaction costs and great investor interest as well as reduced future dilution from the ability to raise additional capital at a higher price per share. Additional benefits of the Consolidation, as well as the procedure for implementing the Consolidation and the full text resolution approving the Consolidation may be found in the Company's management information circular dated April 14, 2014 (the "Circular") that is being posted on the Company's website and may be found under the Company's profile on SEDAR. The Consolidation remains subject to shareholder approval and acceptance by the TSX Venture Exchange.

About Valencia

Valencia is a Canadian resource company with common shares that trade on the NEX Board of the TSX Venture Exchange under the symbol VVI.

Forward-Looking Information

This press release contains "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, political and social uncertainties; the effect of the consolidation; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters, future prices of mineral prices; and risks of the mining industry. 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.

NEITHER THE 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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