Mr. David Cass reports

FOCUS COMPLETES 70% PURCHASE OF JPQ, OWNER OF BAYOVAR 12 PHOSPHATE PROJECT, PERU

Focus Ventures Ltd. has successfully completed the $5-million (U.S.) loan facility from lenders led by Sprott Resource Lending Partnership and the purchase of an outright 70-per-cent interest in Juan Paulo Quay SAC (JPQ), the titleholder of the Bayovar 12 concession, for $4-million (U.S.). (See Focus news release of March 10, 2015.)

David Cass, the president of Focus, commented: "We're extremely pleased to become the majority shareholder in JPQ, a key milestone for Focus. This dramatically improves Focus's investment case to potential strategic partners. We look forward to our new partnership with the other JPQ shareholders who will continue to provide the benefit of their local expertise as we advance the Bayovar 12 project. In the next two to three weeks we plan to publish an overview of our technical work program for 2015 and an overview of our marketing strategy for the company."

As part consideration for the loan facility, the company has issued a total of 1,018,554 common shares at a deemed price of 21.5 cents per share to the lenders. These shares have a resale restriction which expires on July 27, 2015.

We seek Safe Harbor.