Duncan Park Announces Flow-Through Share Offering and Proposed Loan

Duncan Park Holdings Corporation (TSX VENTURE:DPH)(OTCQX:DCNPF) announced today
that it intends to undertake a non-brokered private placement of up to $25,000
of flow-through common shares at a price of $0.05 per share. 


Proceeds from the proposed best efforts private placement are expected to be
used for the Company's exploration program on its Red Lake properties. 


Completion of the private placement remains subject to, among other things,
receipt of all requisite regulatory and other approvals, including that of the
non-interested directors of the Company. It is expected that an insider of the
Company will subscribe for all of the private placement.


The Company also announces that it intends to enter into an unsecured term loan
agreement with another insider of the Company to borrow $25,000 (the "Loan").
The Loan is expected to bear an interest rate of 5% per annum, calculated
annually and would be due and payable on or before March 15, 2014. Proceeds of
the Loan are expected to be used for working capital purposes and may be prepaid
by the Company prior to its maturity date without penalty. The Loan remains
subject to approval by the non-interested directors of the Company. As
previously announced, the board of directors of the Company authorized the
Company to borrow up to $150,000 from available sources pursuant to which it
previously borrowed $75,000 from an officer and director of the Company. (Please
see news release dated November 30, 2012.) 


A material change report in respect of the private placement and Loan will be
filed on SEDAR in accordance with applicable securities law. 


About Duncan Park 

Duncan Park is a Toronto-based mineral exploration company exploring for gold
and other precious metals in Ontario's prolific Red Lake gold mining district. 


Cautionary Note Regarding Forward-Looking Information 

This news release contains "forward-looking information" within the meaning of
applicable Canadian securities legislation. Forward-looking information
includes, but is not limited to, information with respect to Duncan Park's
proposed financings and exploration plans. Generally, forward-looking
information can be identified by the use of forward-looking terminology such as
"plans", "expects", or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or
"believes" or variations of such words and phrases or state that certain
actions, events or results "may", "could", "would", "might", or "will be taken",
"occur", or "be achieved". Forward-looking information is based on the opinions
and estimates of management at the date the information is made, and is based on
a number of assumptions and is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of Duncan Park to be materially different from those
expressed or implied by such forward-looking information, including risks
related to private placement and loan financings and exploration plans, such as
market conditions and obtaining necessary financing and requisite approvals,
risks related to option and joint venture arrangements, as well as risks
associated with the exploration, development and mining industry such as
economic factors, future commodity prices, changes in foreign exchange and
interest rates, government regulation, environmental risks, permitting
timelines, capital expenditures, operating or technical difficulties in
connection with exploration and development activities, availability of skilled
labour and equipment, the speculative nature of gold exploration and
development, contests over title to properties, and changes in project
parameters as plans continue to be refined as well as those risk factors
discussed in Duncan Park's management's discussion and analysis for the period
ended August 31, 2012, available on www.sedar.com. Although Duncan Park has
attempted to identify important factors that could cause actual results to
differ materially from those contained in forward-looking information, there may
be other factors that cause results not to be as anticipated, estimated or
intended. 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 information. Accordingly, readers should not place undue
reliance on forward-looking information. Duncan Park does not undertake to
update any forward-looking information contained herein, except in accordance
with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Duncan Park Holdings Corporation
Ian McAvity
President & CEO
416-203-0860
ian@duncanpark.com
www.duncanpark.com
Duncan Park Holdings Corporation (TSXV:DPH)
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