Angel Bioventures Inc. – Completion of Private Placement

PRESS RELEASE

ANGEL BIOVENTURES INC.

(the “Corporation”)

(TSXV NEX – DDD.H)

Angel Bioventures Inc. – Completion of Private Placement

January 13, 2014

Further to the Corporation’s Press Releases of December 13 & 16, 2013, the Corporation reports that it has completed the private placement which was comprised of the sale 10 million units issued at five cents per unit. Each unit is comprised of one common share and one transferable warrant exercisable at seven cents for a period of twelve months from the date of closing. The Corporation has paid a finder’s fee of $45,000 cash and issued 900,000 warrants exercisable at $0.07 in accordance with the policies of NEX. The Corporation will use the proceeds of the placement to retire outstanding debts, pay finder’s fees, and replenish working capital to source and evaluate a suitable business to reactivate the Corporation. All issued securities are subject to a hold period expiring on May 11, 2014.

On Behalf of the Board “Ken Ralfs”

Ken Ralfs Director

For further information, please contact:

Randy Clifford Phone: 780-466-6006

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Forward-looking Statements

This news release contains certain forward-looking statements that reflect the current views and/or expectations of management with respect to performance, business and future events, including but not limited to express or implied statements and assumptions regarding the Company's intention to exercise the option referred to herein and the receipt of necessary regulatory approvals. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the Company will choose not exercise the option and those risks relating to changes in the market, potential downturns in economic conditions, fluctuations in the price and supply of raw materials, equipment and skilled labour, fluctuations in the market price of minerals, foreign exchange fluctuations, regulatory requirements and changes thereto, competition, and other risk factors listed from time to time in the Company's public filings. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements and information, which are qualified in their entirety by this cautionary statement. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.