Kensington Court Ventures Inc. ("Kensington") (TSX:KCT), a capital pool company
subject to the rules and policies of the TSX Venture Exchange (the "Exchange"),
and Stronghold Metals Inc. ("Stronghold"), (TSX:Z)(OTCQX:SDMTF)(FRANKFURT:E9X),
a Tier 2 Exchange listed issuer incorporated under the laws of British Columbia,
are pleased to announce that further to Press Release made in August 2011, the
companies have now entered into a Definitive Share Purchase Agreement, whereby
Kensington will acquire 100% of the issued and outstanding quotas (shares) of
Stronghold's wholly-owned subsidiary, Stronghold Brasil Mineracao Ltda. ("SBM")
(formerly named Mineracao Vale Do Sonho Ltda) (the "Acquisition"). SBM, a
private company incorporated under the laws of Brazil, currently holds a 100%
interest in the Tucuma gold project which consists of six mineral concessions
covering a total of 11,456.31 hectares located in the Carajas metallogenic
province in the State of Para, Brazil. The Acquisition, if completed, will
constitute Kensington's "qualifying transaction" (the "QT") under the policies
of the Exchange.


It is anticipated that the closing of the Acquisition will occur on or before
February 29, 2012.


In accordance with Exchange policy, the shares of Kensington will remain halted
from trading on the Exchange until such time as the Exchange reinstates the
shares for trading, which, depending on the policies of the Exchange, may not
occur until the completion of the QT.


"The sale of the Tucuma property to Kensington Court provides shareholders of
both Kensington and Stronghold an opportunity to realize the full potential of a
very good property in a prolific region of Brazil," states Stronghold CEO,
Yannis Tsitos. "Kensington will be able to dedicate its focus and resources on
developing the Tucuma and other Brazilian gold properties while Stronghold
maintains its focus on completing a new resource calculation leading to a
Feasibility Study for its advanced project at Eagle Mountain, Guyana."


Kensington intends to commence exploration of the Tucuma property as soon as the
Acquisition closes and use SBM and its technical and management team to build a
portfolio of exploration and advanced stage gold properties in Brazil.
Kensington intends to file a filing statement with the Exchange shortly. Further
announcements will be forthcoming once the QT has been approved by the Exchange.



Completion of the QT is subject to a number of conditions, including but not
limited to, Exchange acceptance and if applicable pursuant to Exchange
Requirements, majority of the minority shareholder approval. Where applicable,
the transaction cannot close until the required shareholder approval is
obtained. There can be no assurance that the transaction will be completed as
proposed or at all.


Investors are cautioned that, except as disclosed in the management information
circular or filing statement or other disclosure documents of Kensington to be
prepared in connection with the transaction, any information released or
received with respect to the transaction may not be accurate or complete and
should not be relied upon. Trading in the securities of Kensington should be
considered highly speculative. 


The TSX Venture Exchange Inc. has in no way passed upon the merits of the
proposed transaction and has neither approved nor disapproved the contents of
this press release.




ON BEHALF OF THE BOARD             ON BEHALF OF THE BOARD OF          
OF KENSINGTON COURT VENTURES INC.  STRONGHOLD METALS INC.             
                                                                      
Greg Andrews, Chief Executive      Ioannis Tsitos, Chief Executive    
Officer                            Officer

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