Mr. Dallas Duce reports

3MV ENERGY ANNOUNCES TERM LOAN OF UP TO $10,000,000

3MV Energy Corp. has entered into a secured loan facility whereby it may borrow up to $10-million from the Invico Diversified Income Limited Partnership for a term of 24 months from final advance date. The lender is one of a number of investment funds managed by Calgary-based Invico Capital Corp. Invico is a registered investment fund manager and portfolio manager with offices in Calgary and Toronto, overseeing in excess of $200-million of assets under management.

The funds will be available in two advances with the first advance of $5-million on or before Nov. 1, 2014 (Tranche A), and a second advance of up to $5-million on or before Feb. 28, 2015 (Tranche B), subject to waiver of certain advancement conditions. In exchange for providing the facility, the company shall issue warrants to the lender concurrent with the advancement of Tranche A funds entitling the lender to purchase 10 million common shares of the company at an exercise price equal to 25 cents per share. The company shall issue additional warrants to the lender concurrent with the advancement of Tranche B funds entitling the lender to purchase 7,142,857 common shares of the company at an exercise price equal to 35 cents per share. The issuance of Tranche A warrants and Tranche B warrants is subject to approval and shall be made in accordance with the rules of the TSX Venture Exchange, including a hold period of four months from the date of issuance.

In addition, the company shall provide security in favour of the lender over all the real and personal property of the company. The company may pay up to 3 per cent of the interest by way of quarterly share issuance at the five-day volume-weighted average price preceding the interest payment date for the initial six months.

The company is also pleased to announce the commencement of phase 1 drilling, which consists of six wells drilled, in the Fiske property. 3MV plans to use Tranche A proceeds to finance phase 2 drilling on 3MV's Fiske property and targets to have approximately 16 new oil wells drilled by the end of fourth quarter 2014.

We seek Safe Harbor.