Ocean Park closes Flow-Through Private Placement

OCEAN PARK VENTURES CORP.

303 – 750 West Pender Street Vancouver, BC V6C 2T7 www.oceanparkventures.ca

TSX-V SYMBOL: OCP

NEWS RELEASE Ocean Park closes Flow-Through Private Placement

January 4, 2011 - Vancouver, B.C. Ocean Park Ventures Corp. ("Ocean Park" or the “Company” ) (TSX- V: OCP) is pleased to announce that it has closed its private placement of 449,035 flow-through common shares at a price of $0.85 per share, for gross proceeds of $381,680.

In connection with the private placement, the Company has paid finder's fees of $19,084, and has issued 22,451 finder's warrants to Axemen Resource Capital Ltd., an exempt market dealer, who introduced the subscriber for this offering to the Company. Each finder's warrant will be exercisable into one non-flow through common share of the Company, at a price of $0.90 per share for 18 months. All securities issued in connection with the offering will be subject to a four-month-and-a-day hold period until May 1, 2011.

The proceeds of the offering will be used to fund exploration on the Trapper Gold Project recently optioned by the Company.

For further information please contact Mr. Paul Matysek, M.Sc. P.Geo., acting President and Chairman at 604-684-9007.

OCEAN PARK VENTURES CORP.

On behalf of the Board

"Paul Matysek"

Paul Matysek, Acting President and Chairman

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 release.

This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.

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