Duran Ventures Announces Private Placement of up to $500,000

Duran Ventures Inc. (TSX VENTURE:DRV)(LMA:DRV) ("Duran" or the "Company")
announced that it is conducting a non-brokered private placement of up to
16,666,666 units (each, a "Unit") at $0.03 per Unit for total gross proceeds of
up to $500,000 (the "Offering"), subject to approval of the TSX Venture Exchange
(the "TSXV"). Each Unit will consist 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 is being
conducted in accordance with TSXV Bulleting 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, upcoming property option payments,
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 Company anticipates entering into a finder's agreement with one or more
finders to assist the Company with the Offering. The Company anticipates paying
such finders a cash fee equal to 5% of the gross proceeds raised in the Offering
from purchasers directly introduced to the Company by the finders
("Purchasers"). Additionally, the Company anticipates issuing the finders share
purchase warrants (the "Finders Warrants") equal to 5% of the number of Units
sold to purchasers directly introduced to the Company by such finders. The
Company anticipates that the Finders Warrants will be issued on the same terms
as the 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.


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]
[e-mail]
www.duranventuresinc.com