TORONTO, ONTARIO--(Marketwired - Nov 19, 2013) - Valencia Ventures Inc. (TSX VENTURE:VVI.H) ("Valencia" or the "Company") announces that Mr. Brett New has stepped down as President, Chief Executive Officer and a director of the Company. The Board of Directors expresses its gratitude to Mr. New for his efforts over the past year as President and a director and wishes him success in his future endeavours.

In addition, the Company welcomes Josh Van Deurzen as its President and Chief Executive Officer and a member of the Company's Board of Directors. Mr. Van Deurzen is a corporate and securities lawyer who has provided business and legal consulting to various public and private companies in the resource-based sectors. Mr. Van Deurzen holds a Master of Business Administration and a Juris Doctor from the University of Toronto.

Forward-Looking Information

This press release contains "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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