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FCV Focus Ventures Ltd. (delisted)

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Share Name Share Symbol Market Type
Focus Ventures Ltd. (delisted) TSXV:FCV TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Focus Closes $1.25 Million Private Placement

14/04/2014 1:30pm

Marketwired Canada


Focus Ventures Ltd. (TSX VENTURE:FCV) is pleased to advise that it has closed
its previously announced non-brokered private placement by issuing 5.7 million
units at $0.22 per unit, for gross proceeds of $1,254,000. Each unit consists of
one common share and one-half of a warrant, each whole warrant entitling the
holder to purchase one additional common share of the Company at $0.265 for one
year from closing. The Company also issued 21,000 units and 179,741 warrants as
finders' fees in connection with the financing. The finders' fee warrants are
also exercisable at $0.265 for one year from closing. All of the shares and
warrants have a resale restriction until August 12, 2014.


The proceeds of the financing will be used for continued exploration of the
Company's Bayovar 12 phosphate project in Peru, and for general working capital
purposes.


About Focus Ventures

Phosphate rock is a raw material for fertilizers and vital to world food
production. Focus is acquiring and developing quality phosphate projects in
Latin America where the discovery and development of new deposits is becoming
increasingly important given the growing demand and limited local supply of
phosphate for fertilizer production. For further information, please call
604-688-5288 or visit our web site www.focusventuresltd.com.


ON BEHALF OF THE BOARD

David Cass, President

Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or accuracy of
this release.


Forward-Looking Statement

Some of the statements in this news release contain forward-looking information
that involves inherent risk and uncertainty affecting the business of Focus
Ventures Ltd. Actual results may differ materially from those currently
anticipated in such statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Focus Ventures Ltd.
Ralph Rushton
(604) 630-5544
(604) 682-1514 (FAX)
info@focusventuresltd.com
www.focusventuresltd.com

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