Duran Ventures Announces Proposed Shares FOR Debt Transaction

DURAN VENTURES ANNOUNCES PROPOSED SHARES FOR DEBT TRANSACTION

(Toronto, Ontario – May 19, 2017) Duran Ventures Inc. (TSXV: DRV; BVL: DRV) (“Duran” or the

“Company”) announces that it intends to settle an aggregate of $96, 063 of indebtedness (the " Debt")

owed to certain arm’s length and non- arm’s length creditors through the issuance of an aggregate of

1,067,368 common shares at a deemed issuance price of $0.09 per common share (the “Transaction”),

of which 631, 888 common shares will be issued to a non-arm's length creditor. All common shares

issued to settle the Debt will be subject to a hold period of four months and one day from the date of

issuance. The Transaction is subject to TSX Venture Exchange approval. Completion of the Transaction

will allow the Company to improve its current working capital deficiency position.

About Duran

Duran Ventures Inc. is a Canadian exploration company focused on mineral processing and the

exploration and development of precious and base metal properties in Peru.

Duran Ventures Inc. is a Canadian resource company listed on the

TSX Venture Exchange and the Bolsa de Valores de Lima: Symbol “DRV”

For additional information, contact: Jeffrey Reeder Tel: (647) 302-3290

or Oscar Pezo at (011) 511 422-1467

Website: www.duranventuresinc.com Email: [email protected]

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.

Disclosure Regarding Forward -Looking Statements: This press release contains certain “Forward-

Looking Statements” within the meaning of applicable securities legislation. We use words such as

“might”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate”, “forecast” and similar

terminology to identify forward looking statements and forward-looking information. Such statements and

information are based on assumptions, estimates, opinions and analysis made by management in light of

its experience, current conditions and its expectations of future developments as well as other factors

which it believes to be reasonable and relevant. Forward- looking statements and information involve

known and unknown risks, uncertainties and other factors that may cause our actual results to differ

materially from those expressed or implied in the forward- looking statements and information and

accordingly, readers should not place undue reliance on such statements and information. R isks and

uncertainties are more fully described in our annual and quarterly Management’s Discussion and

Analysis and in other filings made by us with Canadian securities regulatory authorities and available at

www.sedar.com.While the Company believes that the expectations expressed by such forward- looking

statements and forward- looking information and the assumptions, estimates, opinions and analysis

underlying such expectations are reasonable, there can be no assurance that they will prove to be

correct. In evaluating forward- looking statements and information, readers should carefully consider the

various factors which could cause actual results or events to differ materially from those expressed or

implied in the forward looking statements and forward-looking information.