Lloyd I. Miller, III acquires common shares of ORCA Exploration Group Inc.

MONTREAL, June 30, 2014 /CNW Telbec/ - Lloyd I. Miller, III, the Manager of LIMFAM LLC ("LIMFAM"), acquired on June 30, 2014, ownership of 25,000 common shares (the "Common Shares") of ORCA Exploration Group Inc. ("ORCA") (TSX-ORC) through LIMFAM. The Common Shares were acquired through the facilities of the Toronto Stock Exchange at price of US$2.1776 per common share or CDN$2.32 per common share (based on the Noon Bank of Canada exchange rate), such common shares representing approximately 0.08% of the currently issued and outstanding common shares of ORCA.

As a result of the acquisition of the Common Shares, Mr. Miller, through LIMFAM and a number of trusts, partnerships and other entities, owns or has control or direction over an aggregate of 3,327,500 common shares of ORCA, representing approximately 10.06% of the issued and outstanding common shares.

The Common Shares were acquired for investment purposes only. Depending on the evolution of ORCA's business, financial condition, the market for ORCA securities, general economic conditions and other factors, Mr. Miller and his joint actors may acquire additional securities of ORCA, or sell some or all of the securities they hold, in the open market, by private agreement or otherwise, subject to their availability at attractive prices, market conditions and other relevant factors.

For inquiries or a copy of the related early warning report required under Canadian provincial securities legislation, a copy of which has also been filed on www.sedar.com, please contact:

SOURCE: Lloyd I. Miller, III

For further information:

Lloyd I. Miller, III
222 Lakeview Avenue
Suite 160-365
West Palm Beach, Florida
USA 33401
Telephone: (561) 287-5399

Eric Fangman
222 Lakeview Avenue
Suite 160-365
West Palm Beach, Florida
USA 33401
Telephone: (561) 287-5399


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