Orsa Completes Joint Venture Purchase Agreement with Americas Bullion Royalty Corp. at Quartz Mountain

Orsa Ventures Corp. ("Orsa" or the "Company") (TSX VENTURE:ORN) is pleased to
announce that it and its wholly owned US subsidiary Orsa Minerals Ltd. ("Orsa
Min") has entered into a Joint Venture Purchase Agreement ("Agreement") with
Golden Predator Mines US Inc. ("Predator") and Americas Bullion Royalty Corp.
(TSX:AMB) to acquire their 50% joint venture interest (the "JV Interest") in the
Angel's Camp Property ("Angel's Camp") at Quartz Mountain in southern Oregon.
Orsa and Orsa Min control the other 50% joint venture interest in Angel's Camp
through an Option Agreement with Seabridge Gold ("Seabridge") (TSX:SEA,
NYSEAmex:SA) and its wholly-owned US subsidiary. The Agreement is subject to
regulatory approval.


Angel's Camp is comprised of 158 unpatented LODE mining claims encompassing
approximately 3,000 acres adjacent to the Quartz Mountain Property which is 100%
controlled by Orsa through its agreement with Seabridge. The Quartz Mountain
Property is an epithermal hot spring system with a 2.85 million ounce Inferred
gold Resource (110,448,000 tonnes grading 0.80 grams per tonne gold) in two
rhyolite domes: Quartz Butte and Crone Hill (News release dated February 15,
2012). The property has excellent exploration upside.


Angel's Camp contains several additional rhyolite domes which are host to the
gold mineralization at the Quartz Mountain Property, further enhancing the
exploration potential. On Closing, Orsa will launch an aggressive exploration
program on these additional domes in addition to its development work at Quartz
Mountain.


The Purchase Agreement

Under the Agreement, Orsa and Orsa Min have the option to earn the JV Interest.
As consideration for the transfer of the JV Interest by Predator and Americas
Bullion Royalty Corp. to Orsa, Orsa will pay:




a.  Consideration Shares of 1.0 million common shares of Orsa and $25,000 on
    the Closing Date; 
b.  $35,000 on the first anniversary of the Closing Date; 
c.  $40,000 on the second anniversary of the Closing Date; 
d.  $40,000 on the third anniversary of the Closing Date; 
e.  $50,000 on the fourth anniversary of the Closing Date; 
f.  $50,000 on the fifth anniversary of the Closing Date; 
g.  $50,000 on the sixth anniversary of the Closing Date; 
h.  $100,000 on the seventh anniversary of the Closing Date (for a total of
    $390,00); and 
i.  on the date Orsa makes the final cash payment, Orsa will grant to
    Predator a 1.25% Net Smelter Royalty ("NSR") on Orsa's interest in the
    Property, subject to the Sheriff (0.5%) and the Wavecrest (1.0%) NSRs.
    Orsa has a one-time right for a period of one year from the grant of the
    NSR to buy back one-fifth of the Predator 1.25% NSR for $500,000.



Should Orsa elect to terminate the Agreement with Predator and Americas Bullion
Royalty Corp. having completed its option obligations with Seabridge, it will
return the 50% Predator JV Interest along with its own 50% joint venture
interest in return for a 2.5% NSR. Predator will have a one-time right, for a
period of one year after the grant of the Orsa NSR to buy back one-half of the
Orsa NSR (1.25%) for $2,000,000.


Should Orsa elect to terminate the Agreement with Predator and Americas Bullion
Royalty Corp.,and has not completed its option agreement with Seabridge, it will
return the 50% Predator JV Interest and Seabridge would retain its 50% joint
venture interest in Angel's Camp, with no NSR being granted to Orsa.


About Orsa

Orsa Ventures Corp. is a junior company focused on the exploration for, and
development of, gold-silver-copper properties in the western United States. In
addition to the Quartz Mountain and Angel's Camp properties, Orsa announced the
discovery of significant sediment-hosted gold system at its Coal Canyon Property
in the Oreana Mining Trend, Nevada, where over 10 million ounces has been
discovered since 2009. The Company also has the right to earn a 51% interest
Ashby Property, a former gold producer and porphyry copper-gold target, located
in the Walker Lane Mining Trend, host to several large copper and gold deposits
in Nevada.


On behalf of the Board of Directors,

Linda Thorstad, President and Chief Executive Officer

Linda Thorstad, P. Geo., a Qualified Person as defined by National Instrument
43-101 and President and Chief Executive Officer of the Company, has read and
approved the technical information in this news release. 


FORWARD LOOKING STATEMENTS

This news release contains forward-looking statements that are based on the
Company's current expectations and estimates. Forward-looking statements are
frequently characterized by words such as "plan", "expect", "project", "intend",
"believe", "anticipate", "estimate", "suggest", "indicate" and other similar
words or statements that certain events or conditions "may" or "will" occur, and
include, without limitation, statements regarding the Company's plans with
respect to the closing of the Financing and the use of proceeds thereof. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors that could cause actual events or results to differ materially
from estimated or anticipated events or results implied or expressed in such
forward-looking statements. Any forward-looking statement speaks only as of the
date on which it is made and, except as may be required by applicable securities
laws, the Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information, future events
or results or otherwise. Forward-looking statements are not guarantees of future
performance and accordingly undue reliance should not be put on such statements
due to the inherent uncertainty therein.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Orsa Ventures Corp.
Linda Thorstad
President and Chief Executive Officer
604.608.6680
604.558.0087 (FAX)
www.orsaventures.com