Mr. David Wood, President of Technical Ventures RX Corp. (TSX VENTURE:TIK.P)
(the "Corporation" or "Technical") announces the Corporation, a Capital Pool
Company, has raised $300,000 by an initial public offering of 3,000,000 common
shares, at a price of $0.10 per common share, which closed on December 20, 2012.
The Corporation's common shares will be listed and posted for trading on the TSX
Venture Exchange on or about December 20, 2012 under the symbol "TIK.P". The
common shares will be immediately halted pending receipt by the TSX Venture
Exchange of satisfactory documentation. The Corporation has granted an aggregate
of 500,000 stock options to directors and officers of the Corporation and which
are exercisable on or before December 20, 2017 at an exercise price of $0.10 per
common share. As a result of the closing of the initial public offering,
Technical now has 5,000,000 common shares issued and outstanding (2,030,000 of
which are subject to escrow restrictions).


Wolverton Securities Ltd. (the "Agent") acted as agent for the Corporation's
offering. As compensation to the Agent for its services in connection with the
initial public offering, the Corporation has paid a cash fee of $30,000 which
represents the Agent's commission. The Agent and its sub-agent also received
300,000 Agent's options entitling the Agent to acquire an aggregate of 300,000
common shares at an exercise price of $0.10 per common share which expire 24
months from the closing date. 


The Corporation is a capital pool company pursuant to Policy 2.4 of the TSX
Venture Exchange (the "Exchange"). Investors are cautioned that trading in the
securities of a capital pool company should be considered highly speculative.
Pursuant to Exchange policies, the Corporation has 24 months to identify and
close a qualifying transaction.


Forward-Looking Statements

Certain information included herein is forward-looking. Forward-looking
statements include, without limitation, statements regarding the future
financial position, business strategy, budgets, projected costs, capital
expenditures, financial results, taxes and plans and objectives of or involving
Technical. Many of these statements can be identified by looking for words such
as "believe", "expects", "expected", "will", "intends", "projects",
"anticipates", "estimates", "continues", or similar words and include but are
not limited to, statements regarding the accretive effects of the acquisition
and the anticipated results and expected benefits of the acquisition upon
closing thereof. Technical believes the expectations reflected in such
forward-looking statements are reasonable but no assurance can be given that
these expectations will prove to be correct and such forward-looking statements
should not be unduly relied upon. Forward-looking statements are not guarantees
of future performance and involve a number of risks and uncertainties some of
which are described in Technical's continuous disclosure documents. Such
forward-looking statements necessarily involve known and unknown risks and
uncertainties and other factors, which may cause Technical's actual performance
and financial results in future periods to differ materially from any
projections of future performance or results expressed or implied by such
forward-looking statements. Such factors include, but are not limited to:
general economic, market and business conditions; industry capacity; competitive
action by other companies; refining and marketing margins; the ability of
suppliers to meet commitments; actions by governmental authorities including
increases in taxes; changes in environmental and other regulations; and other
factors, many of which are beyond the control of Technical. Any forward-looking
statements are made as of the date hereof and Technical does not undertake any
obligation, except as required under applicable law, to publicly update or
revise such statements to reflect new information, subsequent or otherwise.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Technical Ventures RX Corp.
Mr. David Wood
President, CEO, CFO & Director
(604) 720-7307


Technical Ventures RX Corp.
#310, 16477 - 64 Avenue
Surrey, British Columbia V3S 6V7

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