PACEpartners Inc. Announces Completion of Shares for Debt Transaction

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES


PACEpartners Inc. (TSX VENTURE:PIA) (the "Corporation") announces that it has
settled debt in the aggregate amount of USD$67,000 owing to a trade creditor by
the Corporation's operating subsidiary, Vivione Biosciences, LLC. The
Corporation repaid USD$35,000 in cash to the trade creditor and in order to
preserve cash reserves, settled the remaining USD$32,000 (CAD$33,216 based on an
exchange rate of USD 1.00 to CAD 1.038) through the issuance of 132,864 Class A
Common Shares to the trade creditor at a deemed price of $0.25 per Class A
Common Share. 


The securities mentioned herein have not been and will not be registered under
the United States Securities Act of 1933, as amended, or the securities laws of
any state, and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements. This
press release does not constitute an offer to sell or the solicitation of any
offer to buy these securities in any jurisdiction.


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: 
PACEpartners Inc.
Kevin Kuykendall
Chief Executive Officer
[phone]