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Tamerlane Announces Filing of Application for Receivership Order

BLAINE, WASHINGTON--(Marketwired - Jan. 28, 2014) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX VENTURE:TAM) announced the filing by Global Resource Fund of an application in the Ontario Superior Court of Justice on Friday, January 24, 2014 for termination of the proceedings of Tamerlane Ventures Inc. and Pine Point Holding Corp. under the Companies' Creditors Arrangement Act (the "CCAA Proceedings") and issuance of a Receivership Order with respect to Tamerlane Ventures Inc. and Pine Point Holding Corp. The Court is scheduled to hear the application on Thursday afternoon, January 30, 2014.

John L. Key, CEO

Neither 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.

1

Tamerlane Ventures Inc.
Richard Meschke
Director Corporate Development and Legal
(360) 332-5025
(360) 332-4636
rmeschke@tamerlaneventures.com
www.tamerlaneventures.com



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