Mr. Dean Bethune reports

DARELLE CONTINUES TO ADVANCE PRIVATE PLACEMENT

Darelle Online Solutions Inc. is continuing to advance its non-brokered private placement. Under the private placement, the company is offering up to 5.25 million units at a price of 10 cents per unit, for gross proceeds of up to $525,000. Each unit will consist of one common share of the company and one share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at a price of 13 cents for a period of two years from the date of issuance.

A director of the company intends to participate in the private placement in the amount of $36,400. Participation by the director constitutes a related party transaction in accordance with Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company expects to rely on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a), respectively, as neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the private placement, insofar as it involves interested parties, exceeds 25.0 per cent of the company's market capitalization.

Finders' fees

In connection with the private placement, the company has agreed to pay eligible finders fees consisting of:

• A cash commission of up to $65,625, representing 12.5 per cent of the gross proceeds raised by eligible finders;
• An issuance of up to 656,250 common shares, representing 12.5 per cent of the units sold under the private placement, at a deemed price of 10 cents per share. The payment of finders' fees is subject to compliance with applicable securities laws and the approval of the exchange.

The company intends to use the net proceeds from the private placement to finance the development of the Darelle on-line raffle platform and to supplement general working capital.

Completion of the private placement remains subject to the approval of the TSX Venture Exchange. All securities issued in connection with the private placement will be subject to a statutory four-month hold period in accordance with applicable securities laws.

About Darelle Online Solutions Inc.

Darelle Online Solutions is a British Columbia corporation with its head office in Vancouver, B.C. The Darelle Online website is an on-line marketplace that has developed a platform in which charitable and non-profit organizations can create, sell, deliver and manage their raffle ticket and 50/50 draws completely on-line. The company is listed on the TSX Venture Exchange as a Tier 2 technology issuer. The company has a total of 2,456,939 common shares issued and outstanding.

We seek Safe Harbor.