Norvista Announces Closing of $500,000 Private Placement With Goldspike

TORONTO, Aug. 12, 2014 (GLOBE NEWSWIRE) -- Norvista Capital Corporation (TSX-V:NVV) ("Norvista") is pleased to announce that it has closed the purchase of 3,333,333 common shares (the "Shares") of Goldspike Exploration Inc. ("Goldspike") at a price of $0.15 per Share. Goldspike intends to use the net proceeds from the sale of the Shares to fund continued exploration on Goldspike's assets in Nevada (refer to Norvista's press release dated July 25, 2014) and Yukon and for general working capital purposes.

The Shares issued to Norvista pursuant to this non-brokered private placement will be subject to a four month and one day statutory hold period.

CAUTIONARY STATEMENT: Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

CONTACT: Norvista Capital Corporation
4 King Street West, Suite 1500
Toronto, Ontario M5H 1B6
Tel: (416) 504-4171 Don Christie, President and COO
dchristie@norvistacapital.com