Inca One Completes First Tranche of Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 28, 2013) - Inca One Resources Corp. (TSX VENTURE:IO) ("the Company" or "Inca One") wishes to announce that further to the news release on October 22, 2013, the Company has closed the first tranche of its non-brokered private placement financing. Under the first tranche, the company has sold $420,000.00 in notes.

The net proceeds from the Lock Box offering will be used exclusively to finance the acquisition of high-grade ore from small-scale miners and processed at the Company's Chala One milling facility.

Closing of a second tranche is anticipated to take place shortly.

The Company has paid a finder a cash commission of five per cent (5%) of certain proceeds and issued finder warrants.

About Inca One Resources Corp

Inca One is a Canadian-based mineral resource company with a newly acquired gold milling facility & 2 substantial exploration assets in Peru, which was home to the Inca Empire. Peru is currently the largest gold producer in South America, hosting mines, which produced up to 26 million ounces of gold. A highly mineral-rich country, Peru is the largest producer of silver and 2nd largest producer of copper worldwide as of 2009.

On behalf of the Board,

Inca One Resources Corp.

Edward Kelly, President & CEO

NEITHER 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.

THIS PRESS RELEASE CONTAINS CERTAIN "FORWARD-LOOKING STATEMENTS", WHICH INCLUDE BUT IS NOT LIMITED TO, STATEMENTS WITH RESPECT TO THE FUTURE OPERATING PERFORMANCE OF THE COMPANY, ITS SUBSIDIARIES AND ITS PROJECTS. FORWARD LOOKING STATEMENTS CAN GENERALLY BE IDENTIFIED BY THE USE OF WORDS SUCH AS "PLANS", "EXPECTS", OR "DOES NOT EXPECT" OR "IS EXPECTED", "ANTICIPATES" OR "DOES NOT ANTICIPATE", OR "BELIEVES", "INTENDS", "FORECASTS", "BUDGET", "SCHEDULED", "ESTIMATES" OR VARIATIONS OF SUCH WORDS OR PHRASES OR STATE THAT CERTAIN ACTIONS, EVENT, OR RESULTS "MAY", "COULD", "WOULD", "MIGHT", OR "WILL BE TAKEN", "OCCUR" OR "BE ACHIEVED". FORWARD LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS WHICH MAY CAUSE THE ACTUAL RESULTS TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS EXPRESSED OR IMPLIED BY SAID STATEMENTS. THERE CAN BE NO ASSURANCES THAT FORWARD-LOOKING STATEMENTS WILL PROVE TO BE ACCURATE, AS ACTUAL RESULTS AND FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SAID STATEMENTS. ACCORDINGLY, READERS SHOULD NOT PLACE UNDUE RELIANCE ON FORWARD-LOOKING STATEMENTS.