Valencia Ventures Inc.
TSX VENTURE : VVI

Valencia Ventures Inc.

April 05, 2007 16:30 ET

Valencia Announces Private Placement Financing

TORONTO, ONTARIO--(CCNMatthews - April 5, 2007) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

Valencia Ventures Inc. (TSX VENTURE:VVI) plans on raising up to $7,000,000 through a non-brokered private placement issuance of common shares priced at $0.50 per common share. The private placement remains subject to regulatory approval.

Valencia is a Canadian resource company traded under the symbol VVI on the TSX Venture Exchange. Valencia's development strategy is focused on the exploration and development of silver and gold properties, particularly the Cachinal Silver-Gold Project in Chile and the Rancheria Silver Project in the Yukon Territory and British Columbia, Canada. The Company recently completed a NI 43-101 compliant mineral resource estimate on its Cachinal Silver-Gold Project and plans to aggressively expand the resource in 2007. With a focus on silver and gold exploration in the Americas, the Company has a number of property acquisitions under consideration.

Shareholders are encouraged to visit Valencia's website (www.valenciaventures.com) to view a recent corporate presentation which provides images and more technical information on these projects.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any 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.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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