Duran Ventures Announces Closing of Second Tranche

Duran Ventures Inc. (TSX VENTURE:DRV)(LMA:DRV) ("Duran" or the "Company") is
pleased to announce that it has completed the second tranche of its previously
announced $500,000 non-brokered private placement financing (the "Offering").
The Offering consists of up to 16,666,666 units (each, a "Unit") at $0.03 per
Unit for total gross proceeds of up to $500,000, subject to approval of the TSX
Venture Exchange (the "TSXV"). Each Unit consists 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 entitles 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
is being 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"). Proceeds of
the Offering will be spent in accordance with the Relief Provisions and are
expected to be used towards payment of outstanding payables, including
exploration expenditures and general and administrative expenses. The Offering
has been approved by Duran's board of directors, excluding those directors that
have a direct interest in the Offering.


The Offering includes a provision for a finder's fee payable at a rate of up to
5% of the gross proceeds raised in the Offering from purchasers directly
introduced to the Company by the finders ("Purchasers") and finders share
purchase warrants (the "Finders Warrants") at a rate of up to 5% of the number
of Units sold to Purchasers directly introduced to the Company by such finders.
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. 


Under the second tranche the Company issued 7,203,333 Units for gross proceeds
of $216,100. The Company paid finder's fees of $2,000 cash and issued 66,666
Finders Warrants. All securities issued in the Offering and to the finders will
be subject to a restricted period of four months and one day as required under
applicable securities laws. Insiders, as defined by the TSXV, subscribed for
2,600,000 Units representing $78,000 or 36% of the second tranche. As previously
announced on August 16, 2013, the first tranche of the Offering raised gross
proceeds of $120,000. The Company expects to complete one or more additional
closings with respect to the Offering by no later than September 26, 2013.


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
[phone]


Duran Ventures Inc.
Dan Hamilton
[phone]
[e-mail]
www.duranventuresinc.com