Mantra Capital Files Filing Statement for Qualifying Transaction

MANTRA CAPITAL INC.

Suite 2560 – 200 Granville Street Vancouver, BC V6C 1S4

News Release TSXV: MTR.P

Mantra Capital Files Filing Statement for Qualifying Transaction

December 19, 2013 – Vancouver, British Columbia (TSX-V: MTR.P). Mantra Capital Inc. (the "Company"), a capital pool company, is pleased to announce that the filing statement with respect to its previously-announced Qualifying Transaction is now available under the Company's profile on SEDAR at www.sedar.com.

The Company expects to complete its previously-announced share subdivision, private placement and Qualifying Transaction on, or prior to, December 27, 2013.

For further information, please contact Raj Chowdhry, Chief Executive Officer at:

Suite 2560 – 200 Granville Street Vancouver, BC V6C 1S4 Telephone: 604-628-1162 Facsimile: 604-628-1163 Email: [email protected]

The TSX-V has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Neither the 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.