Greenflag Ventures, Inc.: GreenFlag Announces Plans to List on Canadian Securities Exchange, Delist From TSX.V

VANCOUVER, British Columbia, Oct. 17, 2014 (GLOBE NEWSWIRE) -- GreenFlag Ventures Inc. (TSX-V:GFV) ("GreenFlag" or the "Company"), a diversified holding company specializing in capital investment and financial advisory solutions, announced today that the Company has set plans in motion to list its common shares for trading on the Canadian Securities Exchange (the "CSE"). The Company also announced its intention to voluntarily delist from the TSX Venture Exchange (the "TSX-V"). The Company plans to submit final documentation for listing on the Canadian Securities Exchange shortly. GreenFlag expects that the transition between the TSX-V and the CSE will be completed in a seamless manner.

The GreenFlag board remains excited about the Company's prospects and look forward to continued success throughout the rest of 2014 and beyond. The Company is focusing on acquisitions, the details for which will be announced when appropriate to do so. In the meantime, the Company's operations are continuing as usual and GreenFlag anticipates growth and success in the months to come.

On Behalf of the Board,

William Wright
President/CEO

For further information on GreenFlag Ventures Inc., please visit the company's website at www.greenflagventures.com (http://www.globenewswire.com/newsroom/ctr?d=10103216&l=5&a=www.greenflagventures.com&u=http%3A%2F%2Fwww.greenflagventures.com%2F) or email the company at [e-mail] (http://www.globenewswire.com/newsroom/ctr?d=10103216&l=5&a=info%40greenflagventures.com&u=mailto%3Ainfo%40greenflagventures.com) .

GreenFlag Ventures Inc. (GFV:TSXv) (DV1A:FRA) is a diversified company specializing in capital investment and tailored financial advisory solutions to corporations of all sizes. The company focuses extensively on resource and mining exploration and development, and is engaged in the exploration of its own mineral resource projects while also investing in other mining companies and their associated projects in order to offer the greatest return of investment to its shareholders. In one of its newest divisions, GreenFlag Ventures owns the popular online gaming site BetGangster.com (http://www.globenewswire.com/newsroom/ctr?d=10103216&l=6&a=BetGangster.com&u=http%3A%2F%2Fbetgangster.com%2F), which enables online gamers to play lotteries, table games, slots, poker, and other casino games without downloading software. For more information, visit www.greenflagventures.com (http://www.globenewswire.com/newsroom/ctr?d=10103216&l=6&a=www.greenflagventures.com&u=http%3A%2F%2Fwww.greenflagventures.com%2F).

TSX Venture Exchange is Canada's Stock Exchange, headquartered in Calgary, Alberta, with additional office locations in Toronto, Vancouver, and Montreal. This stock exchange handles all trading electronically and operates as a public venture capital marketplace for emerging companies. Previously, TSX Venture Exchange was known as the Canadian Venture Exchange (CDNX), until 2001 when the TSX Group (now called the TMX Group) purchased and renamed it. TMX Group also owns the Toronto Stock Exchange. For more information, visit www.tmx.com (http://www.globenewswire.com/newsroom/ctr?d=10103216&l=7&a=www.tmx.com&u=http%3A%2F%2Fwww.tmx.com%2F).

Forward-looking Information Cautionary Statement

Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV and the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedar.com (http://www.globenewswire.com/newsroom/ctr?d=10103216&l=9&a=www.sedar.com&u=http%3A%2F%2Fwww.sedar.com%2F).

CONTACT: Media Contacts:
         GreenFlag Ventures Inc.
         (GFV:TSXv) (DV1A:FRA)
         999 West Hastings Street, Suite 1800
         Vancouver, BC, Canada V6C 2W2
         [e-mail]
         www.greenflagventures.com

---

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Greenflag Ventures, Inc. via Globenewswire

HUG#1863968