Duncan Park Completes Flow-Through Offering and Enters into Loan Agreement

Duncan Park Holdings Corporation (TSX VENTURE:DPH)(OTCQX:DCNPF) announced that
it has issued 500,000 of "flow-through" common shares at a price of $0.05 per
share, pursuant to its previously announced private placement. 


Proceeds from the $25,000 private placement will be used for the Company's
exploration program on its Red Lake properties. An insider of the Company
subscribed for 100% of the shares issued pursuant to the private placement,
which are subject to a four month hold period. 


The Company also announces that it has entered into an unsecured term loan
agreement with another insider of the Company to borrow $25,000 (the "Loan").
The Loan bears an interest rate of 5% per annum, calculated annually and is due
and payable on or before March 15, 2014. Proceeds of the Loan will be used for
working capital purposes and may be prepaid by the Company prior to its maturity
date without penalty. 


The private placement and loan financing were approved by non-interested
directors of the Company. A material change report in respect of the
transactions will be filed on SEDAR in accordance with applicable securities
law. The report could not be filed at least 21 days prior to closing as material
information concerning the transactions was not then known by the Corporation.


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 material change report 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 financing 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 financings and exploration plans, such as market conditions and
obtaining 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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