The event will mark Shark Fights' first outside the state of Texas, as it will take place at the Santa Anna Star Center in Albuquerque, N.M.
Camozzi (14-4) was recently released by the UFC after losing to Kyle Noke at UFC 127. Prior to the loss, the 24-year-old had won four fights in a row, which included two straight in the UFC.
The 35-year-old Villasenor (27-8) is stuck in a two-fight losing streak. He lost to Danillo Villefort at Shark Fights 13 after he was released by Strikeforce following his loss to Ronaldo "Jacare" Souza in May. The 12-year veteran has also fought for EliteXC, PRIDE, King of the Cage and DEEP.
No other fights have been announced for the card just yet.