Serebra Provides Financing Update

Serebra Obtains Shareholder Approval of Business Combination

January 17, 2012 Serebra Learning Corporation (TSX VEN: SLC), a leading e-learning solutions provider, is pleased to announce that following significant interest, the Company has increased the non-brokered private placement announced on January 5, 2012. The placement will now be for up to 6,250,000 Shares, up from 5,666,667 Shares, at a price of $0.06 to raise gross proceeds of up to $375,000.

Each Share will consist of one common share of Serebra. Finder's fees may be payable. The private placement and finder's fees are subject to regulatory approval.

The proceeds of the private placement will be used for general working capital. The securities in the private placement will be subject to a hold period of four months from the closing date of the private placement. Certain Insiders, Directors and Officers may subscribe for a portion of this placement. Closing of the private placement is subject to TSX Venture Exchange approval.

About Serebra Learning Corporation

Serebra Learning Corporation provides innovative e-learning solutions to companies, organizations and individuals worldwide. Through Serebra Campus, Serebra provides an extensive course catalogue and versatile learning management system (LMS) for delivering and managing professional training and development. Serebra's easyLearning program helps people in developing nations gain valuable skills and qualifications, while Serebra Connect is a marketplace solution for industry leaders seeking to build direct-to-consumer market environments.