Vancouver, BC V6C 3E8

NEWS  RELEASE  

FULLER  ANNOUNCES  REVISED  TERMS  OF  PRIVATE  PLACEMENT  

VANCOUVER,  BRITISH  COLUMBIA  -­‐-­‐  (October  30,  2012)  -­‐  Fuller  Capital  Corp.  (TSXV:FUL.P)  (the “Company”)  today  announces  that  it  has  revised  the  terms  of  the  private  placement  financing  (the “Financing”)  that  it  previously  announced  on  April  17,  2012  and  August  30,  2012.    The  revised terms  of  the  financing  provide  for  the  issuance  of  a  minimum  of  17,647,059  subscription  receipts (each,  a  “Subscription  Receipt”)  at  a  price  of  $0.17  per  Subscription  Receipt  for  minimum  gross proceeds  of  $3,000,000.    Each  of  the  Subscription  Receipts  will  automatically  be  exercised  into  one common   share   of   the   Company   for   no   additional   consideration   upon   issuance   of   the   Final Exchange  Bulletin  (as  defined  in  the  policies  of  the  TSX  Venture  Exchange  (the  “Exchange”)  with respect   to   the   Company’s   proposed   acquisition   of   2244182   Ontario   Inc.,   which   is   intended   to constitute  the  Company’s  Qualifying  Transaction  (as  defined  in  the  policies  of  the  Exchange)  (the “Transaction”).    The  Company  has  also  determined  to  extend  the  deadline  for  the  receipt  of  the Final  Exchange  Bulletin  and  the  conversion  of  the  Subscription  Receipts  to  January  14,  2013.    In  the event  that  the  Final  Exchange  Bulletin  has  not  been  received  by  such  date,  the  proceeds  from  the sale  of  the  Subscription  Receipts  will  be  returned  to  the  subscribers.    The  Company  expects  to close  the  Financing  on  or  about  November  9,  2012.

Completion  of  the  Transaction  is  subject  to  a  number  of  conditions,  including  but  not  limited  to,   Exchange   acceptance   and   if   applicable   pursuant   to   Exchange   Requirement,   majority   of   the   minority   shareholder   approval.   Where   applicable,   the   Transaction   cannot   close   until   the   required  shareholder  approval  is  obtained.  There  can  be  no  assurance  that  the  Transaction  will   be  completed  as  proposed  or  at  all.  

Investors   are   cautioned   that,   except   as   disclosed   in   the   management   information   circular   or   filing  statement  to  be  prepared  in  connection  with  the  Transaction,  any  information  released  or   received  with  respect  to  the  Transaction  may  not  be  accurate  or  complete  and  should  not  be   relied   upon.   Trading   in   the   securities   of   a   capital   pool   company   should   be   considered   highly   speculative.  The  Exchange  has  in  no  way  passed  on  the  merits  of  the  proposed  Transaction  and   has  neither  approved  nor  disapproved  the  contents  of  this  press  release.  

ON  BEHALF  OF  THE  BOARD  

FULLER  CAPITAL  CORP.

Per:   “David  Patterson”  

David  Patterson Chief  Executive  Officer

For  further  information,  please  contact:  

David  Patterson,  Chief  Executive  Officer Phone:  604.683.0564

Neither  the  TSX  Venture  Exchange,  Inc.  nor  its  Regulation  Services  Provider  (as  that  term  is  defined  in  the   policies  of  the  TSX  Venture  Exchange)  has  in  any  way  passed  upon  the  merits  of  the  Transaction  and  neither   of  the  foregoing  entities  has  in  any  way  approved  or  disapproved  of  the  contents  of  this  press  release.  

Forward-­‐Looking  Information  

Certain  statements  contained  in  this  press  release  constitute  forward-­‐looking  information.  These  statements  relate  to   future   events   or   future   performance.   The   use   of   any   of   the   words   “could”,   “intend”,   “expect”,   “believe”,   “will”,   “projected”,  “estimated”  and  similar  expressions  and  statements  relating  to  matters  that  are  not  historical  facts  are   intended  to  identify  forward-­‐looking  information  and  are  based  on  the  Company’s  current  belief  or  assumptions  as  to   the  outcome  and  timing  of  such  future  events.  Actual  future  results  may  differ  materially.  In  particular,  this  release   contains   forward-­‐looking   information   relating   to   the   intention   of   the   parties   to   complete   the   Financing   and   the   Transaction.  Various  assumptions  or  factors  are  typically  applied  in  drawing  conclusions  or  making  the  forecasts  or   projections  set  out  in  forward-­‐looking  information.  Those  assumptions  and  factors  are  based  on  information  currently   available  to  the  Company.    The  material  factors  and  assumptions  include  the  parties  to  the  proposed  Transaction  being   able   to   obtain   the   necessary   director,   shareholder   and   regulatory   approvals;   Exchange   policies   not   changing;   and   completion  of  satisfactory  due  diligence.  Risk  factors  that  could  cause  actual  results  or  outcomes  to  differ  materially   from  the  results  expressed  or  implied  by  forward-­‐looking  information  include,  among  other  things:  conditions  imposed   by  the  Exchange,  the  failure  to  obtain  the  required  approval  for  the  Transaction;  changes  in  tax  laws,  general  economic   and  business  conditions;  and  changes  in  the  regulatory  regime.  The  Company  cautions  the  reader  that  the  above  list  of   risk  factors  is  not  exhaustive.  The  forward-­‐looking  information  contained  in  this  release  is  made  as  of  the  date  hereof   and  the  Company  is  not  obligated  to  update  or  revise  any  forward-­‐looking  information,  whether  as  a  result  of  new   information,   future   events   or   otherwise,   except   as   required   by   applicable   securities   laws.   Because   of   the   risks,   uncertainties   and   assumptions   contained   herein,   investors   should   not   place   undue   reliance   on   forward-­‐looking   information.  The  foregoing  statements  expressly  qualify  any  forward-­‐looking  information  contained  herein.