Nuvolt Corporation Announces Issuance of Warrants

THIS PRESS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY. IT SHOULD NOT BE
GIVEN TO A TRANSMISSION AGENCY OF THE UNITED STATES OR FOR DISSEMINATION IN THE
UNITED STATES.


Nuvolt Corporation Inc. (" Nuvolt ") (TSX VENTURE:NCO) announces the issuance of
a total of 600,000 warrants (the "Warrants") to certain creditors.


This issuance follows the private placement of 40,000,000 units of Nuvolt at a
price of $0.05 each for initial gross proceeds of $2M, as announced in a press
release of February 26, 2014 (the "Private Placement").


Under the terms of the Private Placement and under moratoria of capital
repayment and interest payments to existing liabilities which the Private
Placement was subject, Nuvolt has agreed to issue a total of 600,000 Warrants to
certain creditors.


The Warrants will be exchangeable within 36 months of issuance, at the rate of 1
current share of Nuvolt per Warrant, at an exercise price of $0.075 each.


The Warrants are subject to a hold period of four months by the Lenders and
their issuance remains subject to the final approval of the TSX Venture
Exchange.


This press release does not constitute a selling offer or the solicitation of an
offer to buy any securities. The securities referred to in this press release
are not and will not be registered under the law of the United States Securities
Act of 1933, as amended (the "1933 Act") and they cannot be offered or sold in
the United States unless they are registered under the 1933 Act or that they are
subject to an exemption from registration under the 1933 Act.


About Nuvolt Corporation Inc. 

Nuvolt has developed a unique expertise, along with patented technologies in the
field of real-time monitoring and predictive management of electrical failures.
Its SmartScan(TM) system converts analogue power related data into actionable
knowledge and business intelligence (BI), providing operations executives the
ability to prevent equipment failures and production downtime thereby reducing
mission critical system failures. Additional benefits include reducing fire
risks and increasing machine lifecycles, while keeping service costs in line.
Furthermore, the complete suites of Agrivolt(TM) products are respected
references in the detection, management and mitigation of leakage current. It
has been proudly serving the agriculture market for more than 20 years and is
still providing proven productivity benefits to its international customers.
www.nuvolt.ca


Forward-looking information

Certain statements contained in this press release constitute forward-looking
information. Such statements are based on the current expectations of
management. You are cautioned that such statements can be subject to a multitude
of risks and uncertainties that could cause actual results, future circumstances
or events to differ materially from those projected in the forward-looking
information. The reader should not place undue reliance on the forward-looking
information included in this press release given that (i) actual results could
differ materially from a conclusion, forecast or projection in the
forward-looking information, and (ii) certain material factors or assumptions
were applied in drawing a conclusion or making a forecast or projection as
reflected in the forward-looking information could prove to be inaccurate. There
is no guarantee that the proposed Private Placement can be completed on the
terms described in this press release. The Private Placement is still subject to
the entering into of definitive agreements and various conditions, as described
in this press release. These statements speak only as of the date they are made,
and Nuvolt assumes no obligation to revise such statements as a result of any
event, circumstance or otherwise, except in accordance with law.


Neither 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Dominique Dion
CFO
[phone], ext. 227
[phone] (FAX)