At what price I wonder, and whom will take it up?

I do hope they wait until post PEA, and a higher share price.

NOTICE DECLARING INTENTION

TO BE QUALIFIED UNDER

NATIONAL INSTRUMENT 44-101

SHORT FORM PROSPECTUS DISTRIBUTIONS

("NI 44-101")

April 21, 2014

TO: Ontario Securities Commission, as notice regulator

AND TO: British Columbia Securities Commission

Alberta Securities Commission

Saskatchewan Financial Services Commission

Manitoba Securities Commission

New Brunswick Securities Commission

Nova Scotia Securities Commission

Securities Commission of Newfoundland and Labrador

Registrar of Securities, Prince Edward Island

Registrar of Securities, Northwest Territories

Registrar of Securities, Nunavut

Registrar of Securities, Yukon

Zenyatta Ventures Ltd. (the “Issuer”) intends to be qualified to file a short form prospectus

under NI 44-101. The Issuer acknowledges that it must satisfy all applicable qualification criteria

prior to filing a preliminary short form prospectus. This notice does not evidence the Issuer's

intent to file a short form prospectus, to enter into any particular financing or transaction or to

become a reporting issuer in any jurisdiction. This notice will remain in effect until withdrawn

by the Issuer.

ZENYATTA VENTURES LTD.

By: (signed) “Aubrey J. Eveleigh”

Aubrey J. Eveleigh

President and Chief Executive Office