Digital Shelf Space Announces Closing of First Stage of $500,000 Financing

Digital Shelf Space Corp. (the "Company" or "DSS") (TSX VENTURE:DSS)
(PINKSHEETS:DTSRF) is pleased to announce that further to its new release dated
October 23, 2013, the Company has closed the first stage of its non-brokered
private placement (the "Offering") and issued 4,500,000 units at a price of
$0.08 per unit for gross proceeds of $360,000. Each unit consists of one common
share and one common share purchase warrant. Each whole purchase warrant
entitles the holder to purchase one common share of the Company at the price of
$0.10 per common share on or before the date occurring 36 months following
closing. AlphaNorth Asset Management ("AlphaNorth"), a Toronto based investment
manager, has subscribed for 100% of the Offering.


In accordance with applicable securities legislation, securities issued pursuant
to the Offering are subject to a hold period of four months plus one day from
the date of completion of the Offering.


The second stage of the Offering is subject, in accordance with TSX Venture
Exchange policies, to the approval of the shareholders of the Company for the
creation of AlphaNorth as a new "Control Person" of Company, as such term is
defined in TSX Venture Exchange policies. The Company anticipates that a
shareholder meeting to approve the second stage of the Offering and the creation
of a new "Control Person" will be called in the next several weeks, and held
within the first two weeks of December, 2013, following which the Company
anticipates closing the second stage of the Offering. On completion of the first
and second stages of the Offering, AlphaNorth will own approximately 25.8% of
the issued and outstanding shares of the Company.


The Offering is subject to final regulatory approval.

About Digital Shelf Space Corp.

Digital Shelf Space is an independent creator, producer and distributor of home
entertainment content targeted at the fitness and sports instruction market.
Digital Shelf Space's overall content partnership strategy is to align itself
with world-class, global brand partners. For more information please visit
www.digitalshelfspace.com and to view the Company's products please visit
www.gsprushfit.com and www.touracademydvds.com.


ON BEHALF OF THE BOARD

Jeffrey Sharpe, President & CEO

Forward Looking Statements

This news release contains "forward-looking information" within the meaning of
the Canadian securities laws. Forward-looking information is generally
identifiable by use of the words "believes," "may," "plans," "will,"
"anticipates," "intends," "budgets", "could", "estimates", "expects",
"forecasts", "projects" and similar expressions, and the negative of such
expressions. Forward-looking information in this news release include statements
about the intention to complete, and the terms and conditions of the second
stage of the Offering; the calling and holding of a shareholder's meeting to
approve the second stage of the offering and the creation of a new Control
Person; regulatory approval of the Offering; and the Company's strategy, future
operations, prospects and plans of management.


In connection with the forward-looking information contained in this news
release, the Company has made numerous assumptions, regarding, among other
things, the sufficiency of budgeted expenditures in carrying out planned
activities. While the Company considers these assumptions to be reasonable,
these assumptions are inherently subject to significant uncertainties and
contingencies.


Additionally, there are known and unknown risk factors which could cause the
Company's actual results, performance or achievements to be materially different
from any future results, performance or achievements expressed or implied by the
forward-looking information contained herein. Known risk factors include, among
others: the Company may not close the second stage of the Offering on the terms
and timing currently anticipated, or at all; the Company may not receive
required regulatory and shareholder approval for the Offering; the need to
obtain additional financing and uncertainty as to the availability and terms of
future financing; the Company may not obtain or generate sufficient funds to
continue as a going concern; unpredictability of the commercial success of our
programming; the Company may not have sufficiently budgeted for expenditures
necessary to carry out planned activities; future operating results are
uncertain and likely to fluctuate; the Company may not have the ability to raise
additional financing required to carry out its business objectives on
commercially acceptable terms, or at all; and volatility of the market price of
the Company's shares.


A more complete discussion of the risks and uncertainties facing the Company is
disclosed in the Company's Filing Statement dated November 16, 2010 and
continuous disclosure filings with Canadian securities regulatory authorities at
www.sedar.com. All forward-looking information herein is qualified in its
entirety by this cautionary statement, and the Company disclaims any obligation
to revise or update any such forward-looking information or to publicly announce
the result of any revisions to any of the forward-looking information contained
herein to reflect future results, events or developments, except as required by
law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Digital Shelf Space Corp.
Jeff Sharpe
President & CEO
604.736-7977 ext.111
604.736-7944 (FAX)
[e-mail]
www.digitalshelfspace.com