News Release Dated August 31, 2012

Universal Ventures Inc. completes Initial Public Offering

August 31, 2012 – Vancouver, British Columbia. Universal Ventures Inc. (the “Company”) is pleased to announce that it successfully completed its initial public offering (the “Offering”) of 3,500,000 common shares for gross proceeds of $875,000. The agent for the Offering was Canaccord Genuity Corp. (the “Agent”). After giving effect to the Offering, the Company now has 7,540,000 common shares issued and outstanding. The Company granted to the Agent and sub-agents non-transferable warrants to purchase up to an aggregate of 280,000 common shares of the Company at a price of $0.25 per common share. The Agent’s warrants may be exercised on or before August 31, 2014. The Agent also received a cash commission equal to 8% of the gross proceeds of the Offering, as well as a corporate finance fee.

The Company anticipates that its common shares will begin trading on the TSX Venture Exchange on September 5, 2012 under the trading symbol “UN”.

The Company is a junior mining resource exploration company focused on acquiring mineral properties and exploring for economically viable mineral resources. The Company’s mineral property is located in British Columbia. For more information, please refer to the Company’s prospectus dated June 28, 2012 available on SEDAR (www.sedar.com).

Charalambos (Harry) Katevatis”

Charalambos (Harry) Katevatis
President & Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the 
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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