HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: ZEN and Cliffs,,,

Heaven forbid Wes and gang do something like this for their shareholders:

THUNDER BAY, ONTARIO--(Marketwire - Nov 22, 2012) - Zenyatta Ventures Ltd. ("Zenyatta" or "Company") (TSX VENTURE:ZEN) is pleased to announce that it has applied to the TSX Venture Exchange to extend the terms of 12,794,000 common share purchase warrants issued or reserved for issuance prior to the Company''s IPO in December 2010 (collectively, the "Warrants"). Each Warrant entitles the holder to acquire one share for $1.00 expiring on December 23, 2012. Pursuant to the proposed amendment, the Warrants will be extended for a period of six months and will expire on June 23, 2013. The extension was requested based on an initial delay in starting our exploration program after the IPO and is subject to regulatory approval.

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