Gainey Capital Closes Non-Brokered Private Placement

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Suite 202 – 750 West Pender Street Vancouver, BC, CANADA V6C 2T7 ________________________________________________________________________________________

May 23, 2014 TSXV Trading Symbol: GNC

GAINEY CAPITAL CLOSES NON-BROKERED PRIVATE PLACEMENT

Gainey Capital Corp. (TSXV: GNC) (“Gainey” or the “Company”) reports that further to its news release dated April 9, 2014, it has completed its non-brokered private placement. The Company issued an aggregate of 13,617,500 units at a price of $0.20 per unit for gross proceeds of $2,723,500. Each unit consists of one common share and one common share purchase warrant which entitles the holder to purchase an additional common share of the Company at a price of $0.30 until May 24, 2016. The shares and underlying shares are subject to a four month hold period.

The Company paid finder’s fees in the amount of $152,445 in cash and 885,400 warrants in connection with the private placement.

Proceeds raised will be used for Phase I of the Company’s exploration program in Nayarit, Mexico.

About Gainey Capital Corp.

Gainey Capital is a gold and silver exploration and development company exploring an aggregate of 18,766 hectares strategically located in the gold/silver-rich Sierra Madre Occidental Trend in western Mexico. Additional information on Gainey Capital, its current operations and its vision is available on the Company’s website at www.gaineycapital.com or from [email protected] .

ON BEHALF OF THE BOARD OF DIRECTORS

“David Coburn”

David Coburn, Chief Executive Officer

For information, please contact the Company:

Phone: 602-315-1231 E-mail: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.