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Vancouver, BC / The Newswire / August 25, 2016: Sceptre Ventures Inc. (the "Company" ) (SVP.H-TSXV) is pleased to announce a non-brokered private placement (the "Private Placement") of up to 9,000,000 shares (the " Shares ") of the Company at a price of CAD $0.0167 per Share to raise gross proceeds of up to approximately CAD $150,000.

The purpose of this Private Placement is to provide Sceptre with adequate funds with which to identify and acquire a business or asset with a view to completing a Qualifying Transaction, in accordance with Exchange Policy 2.4, Capital Pool Companies (the " CPC Policy ") and for general corporate purposes.

The Company intends to undertake a consolidation of the issued and outstanding common shares of the Company (the "Consolidation") at a three to one (3:1) ratio or as the board of directors of the Company may determine to be appropriate (the "Consolidation Ratio"). Subscribers to this Private Placement will acknowledge and agree that their shares will be subject to the same Consolidation Ratio upon the required approvals being received. To that end, the Company has announced an Annual General and Special Meeting to be held on October 18 th , 2016 to seek shareholder approval of the Consolidation amongst other matters.

The Company may pay finder's fees on the Private Placement of up to 10% in cash or common shares of the Company at the discretion of the finder. The finder can elect to receive the fee in a combination of cash and common shares that will have the same terms as the Private Placement Shares in accordance to TSX Venture Exchange rules. The Private Placement and Consolidation are subject to acceptance by the TSX Venture Exchange. All the securities issued under the Private Placement are subject to resale restrictions under applicable securities legislation of four months and a day from the date of issuance of the securities.

The company's shares were suspended from trading by the TSX Venture Exchange as a result of a cease trade order issued by the British Columbia Securities Commission and Ontario Securities Commission on January 4, 2016. On August 12, 2016, the cease trade order was lifted, at which time the company made an application to the TSX Venture Exchange for reinstatement of trading.

About Sceptre Ventures Inc.

Sceptre Ventures Inc. is a Capital Pool Company ("CPC") within the meaning of the policies of the TSXV and has not commenced commercial operations and has no assets other than cash. The Company is currently engaged in identifying and evaluating businesses and assets with a view to completing a Qualifying Transaction under the TSXV CPC policies.

For Further Information:
Tel: 604-688-4219
Email: info@sceptreventures.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement On Forwarding- Looking Information: The statements made in this news release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company.

INVESTORS ARE CAUTIONED THAT TRADING IN THE SECURITIES OF A CAPITAL POOL COMPANY SHOULD BE CONSIDERED HIGHLY SPECULATIVE.

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