Oculus Ventures Corporation Terminates Qualifying Transaction

Oculus Ventures Corporation (TSX VENTURE:OVX.H) announces that it has terminated
its Qualifying Transaction with Quest Oil & Gas Ventures Inc. (a wholly owned
subsidiary of Quest Investments LLC), previously announced March 20, 2013, due
to adverse market conditions. 


The Company will continue to pursue other opportunities with a view to
completing its Qualifying Transaction. As a result of the failure of the Company
to complete its Qualifying Transaction the Company announces its intention to
complete a restructuring of the Company's share capital by way of consolidation
on an up to five (5) old common shares for one (1) new common share basis.


ON BEHALF OF OCULUS VENTURES CORPORATION

Morgan Tincher, President and CEO 

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Oculus Ventures Corporation
Darren Devine
CFO
604-638-8067
[phone] (FAX)