Focused on Gold in Peru

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 April 14, 2014
Focus Closes $1.25 Million Private Placement

 April 14, 2014; Vancouver, Canada: Focus Ventures Ltd. (TSX-V: FCV) is pleased to advise that it has closed its previously announced non-brokered private placement by issuing 5.7 million units at $0.22 per unit, for gross proceeds of $1,254,000. Each unit consists of one common share and one-half of a warrant, each whole warrant entitling the holder to purchase one additional common share of the Company at $0.265 for one year from closing. The Company also issued 21,000 units and 179,741 warrants as finders' fees in connection with the financing. The finders' fee warrants are also exercisable at $0.265 for one year from closing. All of the shares and warrants have a resale restriction until August 12, 2014.

The proceeds of the financing will be used for continued exploration of the Company's Bayovar 12 phosphate project in Peru, and for general working capital purposes.

About Focus Ventures

Phosphate rock is a raw material for fertilizers and vital to world food production. Focus is acquiring and developing quality phosphate projects in Latin America where the discovery and development of new deposits is becoming increasingly important given the growing demand and limited local supply of phosphate for fertilizer production. For further information, please call 604-688-5288 or visit our web site www.focusventuresltd.com.

ON BEHALF OF THE BOARD

"David Cass"
David Cass, President


Symbol: TSXV-FCV

Contact: Ralph Rushton
Tel: (604) 630-5544; Fax: (604) 682-1514
Email: info@focusventuresltd.com
Website: www.focusventuresltd.com

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement
Some of the statements in this news release contains forward-looking information that involves inherent risk and uncertainty affecting the business of Focus Ventures Ltd. Actual results may differ materially from those currently anticipated in such statement.
 
 

You can view the Next News Releases item: Tue May 20, 2014, Focus Receives First Drill Assays from Bayovar 12; Contracts Golder Associates for Initial Resource Calculation

You can view the Previous News Releases item: Mon Mar 24, 2014, Focus Provides Bayovar 12 Drill Update

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