Stealth Ventures Ltd. Announces Debt Settlement

STEALTH VENTURES LTD. (the "Corporation") (TSX VENTURE:SLV) is pleased to
announce that on December 12, 2011 it settled outstanding indebtedness of
$326,250 through the issuance of common shares of the Corporation ("Common
Shares") at deemed prices of $0.145 per Common Share (the "Debt Settlement"),
subject to final approval of the TSXV. The outstanding debt is comprised of
outstanding salary payable to Subra Subramaniam for services rendered as the
Chairman, Chief Executive Officer and Managing Director of the Corporation. A
total of 2,250,000 Common Shares were issued under the Debt Settlement. The
Common Shares are subject to a four month hold period that expires on April 13,
2012.


The Corporation has determined that exemptions from the various requirements of
the TSXV Policy 5.9 and Multilateral Instrument 61-101 are available for the
issuance of the Common Shares (Formal Valuation - Fair Market Value Not More
Than 25% of Market Capitalization; Minority Approval - Fair Market Value Not
More Than 25% of Market Capitalization).


Statements in this joint press release contain forward-looking information
within the meaning of applicable securities law. Forward-looking information is
frequently characterized by words such as "plan", "expect", "project", "intend",
"believe", "anticipate", "estimate" and other similar words, or statements that
certain events or conditions "may" or "will" occur. Readers are cautioned that
assumptions used in the preparation of forward- looking information may prove to
be incorrect. Although we believe that the expectations reflected in the
forward- looking information are reasonable, there can be no assurance that such
expectations will prove to be correct. We cannot guarantee future results, level
of activity, performance or achievements. Consequently, there is no
representation that the actual results achieved will be the same, in whole or in
part, as those set out in the forward- looking information. The forward-looking
information contained in this news release is expressly qualified by this
cautionary statement. The Corporation undertakes any obligation to update or
revise any forward-looking statements to conform such information to actual
results or to changes in our expectations except as otherwise required by
applicable securities legislation. Readers are cautioned not to place undue
reliance on forward-looking information.