Yuntone Capital Corp. (TSX-V: YTC) Announces Proposed Share Consolidation and Private Placement Financing

441 Heales Avenue Penticton, BC V2A 1G5

Yuntone Capital Corp. (TSX-V: YTC) Announces Proposed Share Consolidation and Private Placement Financing

December 6, 2017. Yuntone Capital Corp. (“Yuntone”) (TSX-V: YTC) announces that it has consolidated its issued and outstanding common shares at a ratio of three (3) pre-consolidated shares to one (1) post-consolidation share (the “Consolidation”). The purpose of the Consolidation is to facilitate the Company’s ability to attract future financings, generate greater investor interest and improve trading liquidity.

The Company had 3,411,200 common shares issued prior to the Consolidation. Upon completion of the Consolidation, the Company now has 1,137,066 common shares issued and outstanding.

In accordance with the Company’s Articles, the Consolidation did not require the approval of the shareholders.

On behalf of the Board of Directors, Stuart Wooldridge, Chief Executive Officer and President

For further information please contact:

Yuntone Capital Corp.

441 Heales Avenue Penticton, B.C. V2A 1G5 T: (604) 817-0534

NEITHER 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.