Dacha Acquires 155 Metric Tonnes of Rare Earth Oxides

* Reuters is not responsible for the content in this press release.

Thu May 27, 2010 4:30pm EDT

  TORONTO, ONTARIO, May 27 (MARKET WIRE) -- 
Dacha Capital Inc. ("Dacha" or the "Company") (TSX
VENTURE: DAC)(OTCQX: DCHAF) is pleased to announce that it has acquired
an additional 155,000 kilograms of Rare Earth Oxides from multiple
Chinese suppliers.

    For a consideration of approximately $7.7 million USD, Dacha has acquired
twenty metric tonnes (20,000 kg) of Gadolinium Oxide ( Gd2O3), one
hundred and twenty metric tonnes (120,000 kg) of Yttrium Oxide ( Y2O3),
three metric tonnes (3,000 kg) of Lutetium Oxide ( Lu2O3), six metric
tonnes of Europium Oxide (Eu2O3) and six metric tonnes (6,000 kg) of
Terbium Oxide (Tb4O7).

    Scott Moore, President and CEO of Dacha commented; "Our business
model continues to be validated through our ongoing material acquisitions
and exports of heavy Rare Earth Oxides from China. We are clearly
executing our multi-element strategy with this diverse purchase and will
continue to identify materials where we can be opportunistic buyers".

    Dacha closed a $22 million equity financing at the end of March 2010 with
the proceeds to be utilized to acquire and export Rare Earth Elements
from China to create a strategic stockpile outside of China.

    Dacha currently has established two London Metal Exchange approved
warehouses in Busan Korea and in Singapore, with both locations operated
by Pacorini Toll.

    About Dacha

    Dacha is an investment company focused on the purchase, storage and
trading of certain strategic metals. Its shares are listed on the TSX
Venture Exchange under the symbol "DAC" and on the OTCQX
exchange under the symbol "DCHAF".

    Except for statements of historical fact relating to the Company, certain
information contained herein constitutes ''forward-looking information''
under Canadian securities legislation. Forward-looking information
includes, but is not limited to, statements with respect to the impact of
the acquisition on the Company, the ability to attract financing,
proposed investment strategy of the Company, general investment trends,
and receipt of all regulatory approvals. Generally, forward-looking
information can be identified by the use of forward-looking terminology
such as "plans", "expects" or "does not
expect", "is expected", "budget",
"scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words
and phrases or statements that certain actions, events or results
"may", "could", "would", "might"
or "will be taken", "occur" or "be
achieved". Forward-looking statements are based on the opinions and
estimates of management as of the date such statements are made.
Estimates regarding the anticipated impact of the appointment are based
on previous professional accomplishments and competencies.
Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level
of activity, performance or achievements of Dacha to be materially
different from those expressed or implied by such forward-looking
information. Although management of Dacha has attempted to identify
important factors that could cause actual results to differ materially
from those contained in forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking information. Dacha does not
undertake to update any forward-looking information, except in accordance
with applicable securities laws.

    NEITHER THE 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

Contacts:
Dacha Capital Inc.
Scott Moore
President and CEO
(416) 861-5903
smoore@dachacapital.com

Dacha Capital Inc.
Stan Bharti
Executive Chairman
(416) 861-5903
www.dachacapital.com

Copyright 2010, Market Wire, All rights reserved.

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