Compel Capital Inc. Announces Shares FOR Debt Transaction

COMPEL CAPITAL INC. ANNOUNCES SHARES FOR DEBT TRANSACTION

Toronto, Canada – December 10, 2018 – Compel Capital Inc. (the “ Company”) has completed

shares for debt transactions with arms-length creditors, pursuant to which the Company issued an

aggregate of 46,854,800 common shares in satisfaction of $234,274 of indebtedness. The

Company dete rmined to satisfy the indebtedness with common shares in order to preserve its

cash. The common shares issued in satisfaction of the indebtedness will be subject to a four

month statutory hold period from the date of issuance. Following completion of the i ssuance of

the 46,854,800 common shares, the Company will have a total of 48,982,084 common shares

issued and outstanding.

The Company plans to schedule a shareholder meeting in the near future to consolidate the

common shares of the Company on the basis of up to 1 new share for 50 old shares.

For more information, please contact: Compel Capital Inc., Andrew Lindzon , Director Tel: (647)

388-3095 Email: [email protected]