FCV Focus Ventures Ltd. (delisted)

Focus Ventures Ltd. (TSX VENTURE:FCV) is pleased to advise that it has closed
its previously announced non-brokered private placement by issuing 12.5 million
units at $0.12 per unit, for gross proceeds of $1.5 million. Each unit consists
of one common share and one warrant, each warrant entitling the holder to
purchase one additional common share of the Company at $0.20 for two years from
closing. If the closing price of the Company's shares exceeds $0.25 for a period
of 10 consecutive trading days, the Company may accelerate the expiry of the
warrants by giving notice in writing to the holders, and in such case, the
warrants will expire on the 30th day after the date on which such notice is
given. The Company also issued 170,800 units and 316,633 warrants as finders'
fees in connection with the financing. The finders' fee warrants are exercisable
at $0.16 for two years from closing. All of the shares and warrants have a
resale restriction until March 29, 2014.


The proceeds of the financing will be used for exploration of the Company's
phosphate projects in Peru and Colombia, and for general working capital
purposes.


About Focus Ventures

Phosphate rock is a raw material for fertilizers and vital to world food
production. Focus is acquiring and developing quality phosphate projects in
Latin America where the discovery and development of new deposits is becoming
increasingly important given the growing demand and limited local supply of
phosphate for fertilizer production. For further information, please call
604-688-5288 or visit our web site www.focusventuresltd.com.


ON BEHALF OF THE BOARD

David Cass, President

Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or accuracy of
this release.


Forward-Looking Statement

Some of the statements in this news release contain forward-looking information
that involves inherent risk and uncertainty affecting the business of Focus
Ventures Ltd. Actual results may differ materially from those currently
anticipated in such statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Focus Ventures Ltd.
Ralph Rushton
(604) 688-5288
(604) 682-1514 (FAX)
info@focusventuresltd.com
www.focusventuresltd.com

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