Press release
Serebra Provides Financing Update
VANCOUVER, BC CANADA - July 26, 2010 - Serebra Learning Corporation (TSX VEN: SLC) (the "Company"), 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 July 19, 2010.
The placement will now be for up to 5,000,000 Units, up from 4,000,000 Units, at a price of $0.05 per Unit to raise gross proceeds of up to $250,000. Each Unit will consist of one common share and one warrant. Each warrant entitles the holder thereof to purchase one common share of the Company at $0.10 per share for a period of one year from the closing date of the private placement.
"We are delighted with the considerable interest being shown in Serebra," said Aziz Pirani, Interim CEO, Serebra Learning Corporation. "With the finances raised this month we are well-positioned to take advantage of improved global financial conditions and focus upon our core business, build our presence in the e-learning market place, and grow our brand."
The proceeds of the private placement will be used for the expansion of sales and marketing initiatives, and 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.
The above are subject to TSX Venture Exchange approval.
About Serebra Learning Corporation
Serebra Learning Corporation is a leading learning management system developer and a provider of personal and professional development e-learning courses to individuals and organizations worldwide. Serebra focuses on delivering quality education to help people improve their knowledge base. For more information about Serebra and our programs, visit www.serebra.com or call 800 567-7766.
SEREBRA LEARNING CORPORATION
Abdul Mohamed, BBA, CMA
CFO
Serebra Learning Corporation
Telephone: 604 676 5483 ext. 222
Fax: 604 676 5490
Toll Free: 800 567 7766



