NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Valley High Ventures Ltd. ("Valley High" or the "Company") (TSX VENTURE:VHV) is
pleased to announce that it has agreed to increase the size of the
over-allotment option (the "Over-Allotment Option") granted to Canaccord Genuity
Corp. (the "Underwriter") pursuant to its previously announced bought deal
private placement of 10,000,000 units at $0.75 per unit for gross proceeds of
$7,500,000 (the "Offering"). The Over-Allotment Option granted to the
Underwriter has been increased by 680,000 units and will now permit the
Underwriter to purchase up to an additional 4,080,000 units for additional gross
proceeds of up to $3,060,000. All other terms of the Offering remain as
previously announced by the Company in its news release dated September 23,
2010.


The Company intends to use the net proceeds of the Offering to conduct
exploration on its projects in Mexico and Canada, and for general working
capital purposes.


The Offering is scheduled to close on or about October 8, 2010 and is subject to
certain conditions including, but not limited to, receipt of all required
regulatory approvals. The securities issued by Valley High in connection with
this Offering are subject to a 4-month "hold period" as prescribed by the TSX
Venture Exchange. 


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States. The securities have not
been and will not be registered under the United States Securities Act of 1933,
as amended (the "U.S. Securities Act") or any state securities laws and may not
be offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.


About Valley High Ventures Ltd.:

Valley High is a Canadian based precious and base metal exploration company with
projects located in Mexico, British Columbia and Yukon. The Cordero project in
Mexico (49% interest) is being evaluated for large bulk mineable silver, gold,
zinc and lead deposits. The Mount Polley project is located in British Columbia
adjacent to Imperial Metals Corporation's ("Imperial") Mt. Polley copper-gold
mine and includes a production royalty on the Boundary Property, with Imperial.
In the Yukon, Valley High has an option to acquire a 100% interest in the Flume
gold property which is located within the newly recognized White Gold District.
Valdez Gold Inc. has been granted a right to earn up to 75% interest in Valley
High's interest in the Flume property. 


VALLEY HIGH VENTURES LTD.

Robert Cameron, Chief Executive Officer

This news release includes certain "forward-looking statements" under applicable
Canadian securities legislation. Such forward-looking statements or information,
including but not limited to those with respect to the prices of copper,
estimated future production, estimated costs of future production, permitting
time lines, involve known and unknown risks, uncertainties, and other factors
which may cause the actual results, performance or achievements of Valley High
to be materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements or information. Such
factors include, among others, the actual prices of copper, the factual results
of current exploration, development and mining activities, changes in project
parameters as plans continue to be evaluated, as well as those factors disclosed
in documents filed from time to time with the securities regulators in the
applicable Provinces of British Columbia and Alberta.
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