Volcanic Closes $500,000 Loan

VOLCANIC METALS CORP.

Suite 700 - 510 West Hastings Street Vancouver, BC V6B 1L8 Tel: (604) 568-6312 / Fax: (604) 319-0447

For Immediate Release TSX-V: VOL

VOLCANIC CLOSES $500,000 LOAN

February 19, 2013, Vancouver – Volcanic Metals Corp. (TSX.V: VOL) (the "Company") announces that it has closed the $500,000 loan transaction previously announced on February 8, 2013. The Company has issued 2,000,000 bonus shares as part of the loan transaction to the lender, which has been approved by the TSX Venture Exchange. The shares have a four month hold period, expiring on June 20, 2013.

On behalf of the Board of Directors

VOLCANIC METALS CORP.

/s/ Michael Iverson

Contact:

Michael Iverson Chief Executive Officer (604) 568-6312 http://www.volcanicmetals.com

Neither 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.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward‐looking statements". Forward‐looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward‐looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward‐looking statements.

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