Vancouver, B.C. – ACADEMY VENTURES INC. (“Academy” or the “Company”) Academy Ventures (ACV: TSX-V) has received an “Early Warning Report Filed Pursuant to Part 4 of National Instrument 62-103” which has been filed by Passport Management, LLC, in its capacity as an investment manager on behalf of its clients, stating that it controls a total of 1,500,000 shares and 750,000 warrants of the Company. Based on the current capitalization of the Company, this represents approximately 13.81% of the outstanding shares of the Company.

A full copy of the Report is located under the Company’s name on the Sedar website, at www.Sedar.com.

On behalf of The Board of Directors of Academy Ventures Inc.
“Ioannis (Yannis) Tsitos”
President

This document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the corporations control which may cause actual results, performance or achievements of the corporation’s to be materially different from the results, performance or expectation implied by these forward looking statements.

This release has been prepared by management – TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.