IO Inca One Gold Corp

INCA ONE RESOURCES CORP. (TSX VENTURE:IO) ("Inca One" or the "Company") is
pleased to announce that it has closed the first tranche of its previously
announced bond financing (the "Bond Financing") for gross proceeds to the
Company of $2,700,000.


Pursuant to the Bond Financing, the Company's wholly-owned subsidiary (the
"Subsidiary") issued a three year bond (the "Bond"), which will bear interest at
a rate of 10% per annum, calculated and payable quarterly in arrears commencing
no later than six months from the date of issue. An additional $2,800,000 in
Bonds will be issued in a subsequent closing of the Bond Financing, which is
expected to be on or around June 30, 2014.


In connection with the Bond Financing and as partial consideration for the
subscription by the purchaser of the Bonds, the Company and the purchaser have
entered into a financing fee agreement whereby the Company and the Subsidiary
will provide the purchaser a 3.5% financing fee on the net revenues from the
Company's Chala mill in Peru. The term of the financing fee agreement expires on
December 31, 2024 and may be extended for a maximum of ten years, subject to
certain adjustments and a right of repurchase in favour of the Subsidiary. The
Subsidiary's obligations under the Bond Financing are also secured by a general
security agreement over the Subsidiary's property, which will be guaranteed by
the Company.


A finder's fee of 8% of the gross proceeds of the Bond Financing will be payable
in cash by the Company to SC Strategy Consult AG (the "Finder"). The Company
will also issue to the Finder that number of finder's warrants equal to 8% of
the Bond Proceeds, divided by the exercise price of $0.15. Closing of the Bond
Financing is subject to final approval of the TSX Venture Exchange. 


The proceeds from the Bond Financing will be used to fund improvements on the
Company's gold mining facility located in Chala, Peru.


About Inca One Resources Corp.

Inca One is a Canadian-based mineral resource company and ore processing company
with a gold milling facility in Peru, servicing government-permitted small-scale
miners. A highly mineral-rich country, Peru is one of the world's top producers
of gold, silver, copper and zinc, with substantial production coming from small
scale miners who need government permitted milling facilities to process their
ore (such as the Company's Chala mill).


On behalf of the Board, 

INCA ONE RESOURCES CORP.

Edward Kelly, President & CEO

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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 NEWS RELEASE.


Statements regarding the Company which are not historical facts are
"forward-looking statements" that involve risks and uncertainties. Such
information can generally be identified by the use of forwarding-looking wording
such as "may", "expect", "estimate", "anticipate", "intend", "believe" and
"continue" or the negative thereof or similar variations. Since forward-looking
statements address future events and conditions, by their very nature, they
involve inherent risks and uncertainties. Actual results in each case could
differ materially from those currently anticipated in such statements due to
factors such as: (i) fluctuation of mineral prices; (ii) a change in market
conditions; and (iii) the fact that the Company has limited operating experience
with its Chala plant and future operational results may not be accurately
predicted based on this limited information to date. Except as required by law,
the Company does not intend to update any changes to such statements.


This news release deals only with the Company's Chala plant, which is an
industrial project. This presentation does not deal at all with the Company's
sole mineral exploration property, the Corizona property. Investors should note
that no resource has been established on the Corizona property and all of the
material currently being processed at the Chala plant is received from local
small scale mining operations.


FOR FURTHER INFORMATION PLEASE CONTACT: 
KIN Communications
1-866-684-6730 or 1-604-684-6730
io@kincommunications.com
www.kincommunications.com


Inca One Resources Corp.
1 604 568 4877
1 604 569 1604 (FAX)
ir@incaone.com
www.incaone.com

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