Zenyatta Ventures Gets Positive Report

Thunder Bay, ON – MINING – 13 July 2015 – Zenyatta Ventures Ltd. (“Zenyatta” or “Company”) (TSXV : ZEN) (OTCQ: ZENYF) is pleased to announce it has filed the “Technical Report on the Preliminary Economic Assessment
of the Albany Graphite Project, Northern Ontario, Canada”, on SEDAR at www.sedar.com.

The technical report is with respect to the Company’s 100%‐owned Albany graphite deposit in northeastern Ontario, Canada, and the results of a positive preliminary economic assessment (‘PEA’) which were announced on June 1, 2015. The PEA was prepared by the independent engineering firm RPA Inc. (‘RPA’) in Toronto with
mill design input from SGS Canada Inc. (‘SGS’). The RPA report concluded that the PEA is positive and the
project should be advanced to the pre‐feasibility stage.