Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: 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
For further information, please contact:

Tamerlane Ventures Inc.

Richard Meschke
Director Corporate Development and Legal
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Phone: (360) 332-4636
Fax: (360) 332-5025
Website: www.tamerlaneventures.com


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