Triumph Ventures II Corporation Announces Intention to Transfer to NEX

TORONTO, ONTARIO--(Marketwired - July 11, 2014) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Triumph Ventures II Corporation (TSX VENTURE:TVT.P) (the "Company"), a capital pool company as defined under Policy 2.4 - Capital Pool Companies of the TSX Venture Exchange (the "TSXV"), announces that it has received approval from the TSXV to proceed to obtain written majority shareholder approval, excluding the votes of Non-Arm's Length Parties (as defined by the TSXV), to transfer its listing to the NEX board of the TSXV. In connection with the transfer of the listing to NEX and in accordance with stipulated policies and procedures of the TSXV, shareholders will be asked to consent to the cancellation of a total of 600,000 Seed Shares (as defined by the TSXV) of the Company.

Transfer of the shares of the Company to the NEX board remains conditional upon receipt of the necessary shareholder approval and final approval of the TSXV.

The Company has concurrently with the dissemination of this news release filed on SEDAR (www.sedar.com) the form of shareholder consent that the Company will be mailing to shareholders for the purposes of obtaining consent to the transfer to NEX and the cancellation of the Seed Shares.

About Triumph Ventures II Corporation:

Triumph Ventures II Corporation, a Capital Pool Corporation ("CPC") within the meaning of the policies of the TSXV, was incorporated under the Business Corporations Act (Ontario) on January 19, 2011. The Company completed its initial public offering on February 29, 2012, and began trading on the Exchange on March 15, 2012. The Company does not have any operations and has no assets other than cash. The Company's business is to identify and evaluate businesses and acquisitions with a view to completing a qualifying transaction under the policies of the Exchange.

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.