2013-01-17 23:38:41 -

Not For Dissemination in the United States or Through U.S. Newswires

Symbol: PDR.H

Listing: NEX

Toronto, January 17, 2013 - Pounder Venture Capital Corp. ("Pounder") (TSX-V: PDR.H), announces that its shares are scheduled for reinstatement of trading on the NEX board of the TSX Venture Exchange (the "TSXV") on Friday, January 18, 2013.

The NEX is a separate board of the TSXV designed to provide a trading forum for publicly-listed companies while they assess their business plans, operations, and formulate a strategy to reactivate their businesses for future growth. Pounder will resume its process of identifying and evaluating businesses and assets with a view to completing a transaction which will meet the initial listing requirements of the TSXV.

Forward Looking Information

This news release contains

"forward-looking information", within the meaning of applicable Canadian securities legislation. Specifically this news release contains forward looking information about Pounder's plans and expectations of identifying and evaluating businesses and assets with a view to completing a transaction which will meet the initial listing requirements of the TSXV. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by the forward-looking information, including without limitation, Pounder's requirements for additional capital and its availability, and the possibility of slowing growth and worsening global economic conditions.

For further information, please contact:

Pounder Venture Capital Corp.
Telephone: 416 891-6500
Fax: 905 472-0139
Email: tpatt@sympatico.ca

Neither the 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.

To view this press release as a webpage please click on the following link:
www.usetdas.com/pr/pounderjan172013.htm