DRV Duran Ventures Inc.

Duran Ventures Inc. (TSX VENTURE:DRV)(LMA:DRV) ("Duran" or the "Company")
announces that it has completed its previously announced non-brokered private
placement financing (the "Offering"). 


The Offering consisted of 11,970,000 units (each, a "Unit") at $0.03 per Unit
for total gross proceeds of $359,100 with each Unit consisting of one common
share of the Company ("Common Share") and one half of one common share purchase
warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder
to purchase one additional common share at an exercise price of $0.06 for a
period of one year from the closing of the Offering and thereafter at an
exercise price of $0.10 until the date that is two years from the closing of the
Offering. The Offering was conducted in accordance with TSXV Bulletin dated
August 17, 2012 regarding Private Placements - Temporary Relief from Certain
Pricing Requirements as amended on April 12, 2013 (the "Relief Provisions") and
is subject to final approval of the TSX Venture Exchange (the "TSXV"). The
Offering has been approved by Duran's board of directors, excluding those
directors that have a direct interest in the Offering. Insiders, as defined by
the TSXV, subscribed for 2,600,000 Units, representing $78,000 or 21.7% of the
Offering. 


In conjunction with the Offering, the Company paid finder's fees in the
aggregate amount of $8,000 cash and 66,667 finders share purchase warrants (the
"Finders Warrants"). Each Finders Warrant is exercisable to acquire one common
share at an exercise price of $0.06 for a period of one year from the closing of
the Offering and thereafter at an exercise price of $0.10 until the date that is
two years from the closing of the Offering. 


Proceeds of the Offering will be spent in accordance with the Relief Provisions.
The use of proceeds is expected to be as follows:




Payment                                                               Amount
                                                                   ---------
Exploration and evaluation expenditures                            $ 179,500
General and administrative/Rent                                    $  55,000
Professional fees                                                  $  40,000
Stock exchange fees and shareholder relations                      $  26,600
Fees to Related Parties: Directors and officers services           $  50,000
Finder's fees                                                      $   8,000
                                                                   ---------
                                                                            
Total                                                              $ 359,100
                                                                   ---------
                                                                   ---------



Company Profile

Duran is a Canadian exploration company focused on the exploration and
development of porphyry copper, precious metal, and polymetallic deposits in
Peru.


Duran Ventures Inc. is a Canadian resource company listed on the TSX Venture
Exchange and the Bolsa de Valores de Lima: Symbol "DRV".


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.


Disclosure Regarding Forward-Looking Statements: This press release contains
certain "Forward-Looking Statements" within the meaning of applicable securities
legislation. We use words such as "might", "will", "should", "anticipate",
"plan", "expect", "believe", "estimate", "forecast" and similar terminology to
identify forward looking statements and forward-looking information. Such
statements and information are based on assumptions, estimates, opinions and
analysis made by management in light of its experience, current conditions and
its expectations of future developments as well as other factors which it
believes to be reasonable and relevant. Forward-looking statements and
information involve known and unknown risks, uncertainties and other factors
that may cause our actual results to differ materially from those expressed or
implied in the forward-looking statements and information and accordingly,
readers should not place undue reliance on such statements and information.
Risks and uncertainties that may cause actual results to vary include but are
not limited to the speculative nature of mineral exploration and development,
including the uncertainty of resource estimates; operational and technical
difficulties; the availability to the Company of suitable financing
alternatives; fluctuations in copper and molybdenum and other commodity prices;
changes to and compliance with applicable laws and regulations, including
environmental laws and obtaining requisite permits; political, economic and
other risks arising from our Peruvian activities; fluctuations in foreign
exchange rates; as well as other risks and uncertainties which are more fully
described in our annual and quarterly Management's Discussion and Analysis and
in other filings made by us with Canadian securities regulatory authorities and
available at www.sedar.com. While the Company believes that the expectations
expressed by such forward-looking statements and forward-looking information and
the assumptions, estimates, opinions and analysis underlying such expectations
are reasonable, there can be no assurance that they will prove to be correct. In
evaluating forward-looking statements and information, readers should carefully
consider the various factors which could cause actual results or events to
differ materially from those expressed or implied in the forward looking
statements and forward-looking information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Duran Ventures Inc.
Jeffrey Reeder
(416) 867-1591


Duran Ventures Inc.
Dan Hamilton
(416) 867-1591
info@duranventuresinc.com
www.duranventuresinc.com

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