Duncan Park Announces Proposed Share Offering and Shares-for-Debt Transaction

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Duncan Park Holdings Corporation (TSX VENTURE:DPH) (OTCQX:DCNPF) announced today
that it intends to undertake a non-brokered private placement (the "Private
Placement") of up to 20,000,000 common shares at a price of $0.01 per share to
raise gross process of up to $200,000.


The pricing of the Private Placement is in reliance on the temporary relief
measures established by the TSX Venture Exchange (the "Exchange"). Accordingly,
the Private Placement and pricing of the Private Placement require approval of
the Exchange having regard to the Exchange's temporary private placement relief
measures. The principal purpose of the proceeds of the Private Placement is to
pay the final $75,000 property payment to complete the earn-in on the McManus
property after having previously made $135,000 in property payments and expended
the required $1,200,000 in exploration expenses, and to provide working capital
to maintain or preserve Duncan Park's existing operations, activities and
assets.


Insiders of the Company are expected to participate in the Private Placement for
a minimum of $50,000 of shares. 


Duncan Park also announced today that it proposes to undertake a shares-for-debt
transaction (the "Shares-for-Debt Transaction") whereby the Company would
satisfy, in full, the repayment of certain loans made to the Company by two
insiders through the issuance of 4,413,300 common shares. As previously
announced, the Company had borrowed an aggregate of $215,000 from the insiders
at an interest rate of 5% per annum. The Company proposes to repay the debt of
$220,665 (including $5,665 of accrued interest) based on a share price of $0.05
per share. 


Completion of the Private Placement and the Shares-for-Debt Transaction remain
subject to, among other things, receipt of all requisite approvals, including
that of the Exchange. 


A material change report in respect of the Private placement and Shares-for-Debt
Transaction 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. 


Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange Inc.) accepts
responsibility for the adequacy or accuracy of this release. 


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 financing and shares-for-debt transactions. 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 shares-for-debt transactions, such as market
conditions and obtaining necessary financing and requisite approvals, 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 May 31, 2013, 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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