An anonymous director reports

$1,171,050 NON-BROKERED PRIVATE PLACEMENT CLOSED

Valdor Technology International Inc. has completed a non-brokered private placement for 11,710,500 units at a price of 10 cents per unit, with total proceeds realized of $1,171,050. Each unit consists of one common share of Valdor and one non-transferable three-year share purchase warrant. Each warrant allows the holder thereof to purchase one further common share of Valdor at a price of 10 cents if exercised on or before Feb. 12, 2018. A finder's fee of 126,000 units has been issued relative to this financing, in accordance with the policies of the TSX Venture Exchange. The 11,710,500 common shares issued are subject to a four-month hold period expiring June 13, 2015. The proceeds from this private placement will be used for marketing of Niagara's streaming media products and Valdor's line of fibre optic components, paying current liabilities, and for general working capital. There are 51 placees, including insiders, participating in this financing:

• Elston Johnston, 550,000 units;
• Alder Investments (1993) Ltd. (Brian Findlay), 500,000 units;
• Ron Boyce, 400,000 units;
• Robert Sanderson, 75,000 units;
• Ryan Pavey, 200,000 units;
• Anand Gokel, 400,000 units.