“Company”) is pleased to announce it has arranged a non-brokered private placement consisting

SHELBY VENTURES INC.

Suite 302, 750 West Pender Street Vancouver, British Columbia Canada V6C 2T7 Tel.: 604 681-0084/Fax: 604 681-0094

NEWS RELEASE

FOR IMMEDIATE RELEASE TSX-V: SLY.H

NEW RELEASE

Vancouver, BC January 15, 2013 – SHELBY VENTURES INC. (“Shelby” or the “Company”) is pleased to announce it has arranged a non-brokered private placement consisting of offering up to 9,185,714 common shares at a price of $0.07 per share for gross proceeds of $642,999.98. Finders’ fees may be paid in accordance with regulatory policy. All shares issued in connection with the private placement are subject to a four month hold period.

The private placement is subject to regulatory approval, including the approval of the NEX Board of the TSX Venture Exchange. Proceeds from the private placement will be used to fund possible qualifying transactions and general working capital.

About Shelby Ventures Inc.

The Company is a Capital Pool Company, currently listed on the NEX Board of the TSX Venture Exchange. Management of the Company is actively engaged in assessing possible projects with a view to completing a Qualifying Transaction. To date, Management’s efforts have been focused on the resource sector and they continue to review opportunities as they arise.

BY ORDER OF THE BOARD

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