Serebra Learning Corporation Announces Closing Date of Transaction with Blue Drop Inc.

Serebra Learning Corporation (TSX-V: SLC) announces that the closing of the reverse take-over transaction with Blue Drop Inc. of St. John's, Newfoundland, is scheduled to occur after the close of trading on the TSX Venture Exchange on January 26, 2012. Following the closing, the shares of Serebra will commence trading under the name Bluedrop Performance Learning Inc. at the open of trading on the TSX Venture Exchange on January 27, 2012 under the trading symbol "BPL".

On closing the company will complete a consolidation of its issued shares on the basis of four existing shares for each new share, and will issue 86,866,408 post consolidated shares to the shareholders of Blue Drop Inc.

Details respecting the business combination can be found in the Company's Management Information Circular dated December 5, 2011, which is available for review at www.sedar.com.

The Company will issue a further news release on closing of the transaction.

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.

SEREBRA LEARNING CORPORATION
Abdul Mohamed, Chief Financial Officer
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