Niagara Ventures Corporation Completes Initial Public Offering

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DISSEMINATION IN THE UNITED STATES.


Niagara Ventures Corporation (TSX VENTURE:NIA.P) ("Niagara"), a capital pool
company, is pleased to announce that it has completed its initial public
offering ("Offering") of 11,503,532 common shares at a price of $0.20 per share
for gross proceeds of $2,300,706.40. 


The net proceeds of the Offering will be used to identify and evaluate assets or
businesses for acquisition with a view to completing a Qualifying Transaction
under the Capital Pool Company program of the TSX Venture Exchange as disclosed
in Niagara's prospectus dated August 2, 2012. Niagara's common shares have been
conditionally approved for listing on the TSX Venture Exchange. Niagara expects
its common shares will commence trading shortly under the symbol NIA.P. 


Macquarie Private Wealth Inc. acted as the lead agent for the Offering with
National Bank Financial, MGI Securities Inc. and BMO Nesbitt Burns Inc. acting
as the sub-agents (together, the "Agents"). In connection with the Offering,
Niagara granted to the Agents non-transferable options to purchase up to an
aggregate of 920,283 common shares at a price of $0.20 per share exercisable for
a period of 24 months from the date Niagara's common shares are listed on the
TSX Venture Exchange. 


Larry Phillips, Chief Executive Officer of Niagara stated, "We appreciate the
work of the Agents in completing the near maximum offering under Niagara's
Prospectus. We can now commence the work of indentifying a potential Qualifying
Transaction to provide our shareholders with value for their initial
investments."


Forward-looking information:

Certain information in this press release may contain forward-looking
statements. This information is based on current expectations that are subject
to significant risks and uncertainties that are difficult to predict. Actual
results might differ materially from results suggested in any forward-looking
statements. Niagara assumes no obligation to update the forward-looking
statements, or to update the reasons why actual results could differ from those
reflected in the forward looking-statements unless and until required by
securities laws applicable to Niagara. Additional information identifying risks
and uncertainties is contained in Niagara's filings with the Canadian securities
regulators, which filings are available at www.sedar.com.