Financial Officer and Director; and, Michael Frank, Director. The Company expects to hold a n annual and special m eeting (the "Meeting") in the near future . In respect of the Meeting, the Company will prepare and distribute to its shareholders a management

FOR IMMEDIATE RELEASE

COMPEL CAPITAL INC.

UPDATE

Toronto, Ontario, February 9, 2018, – Compel Capital Inc. ("Compel" or the "Company") announces that

effective today, the board of directors and management of the Company is now comprised of the

following persons: Myra Bongard, President, Chief Executive Officer and Director; Andrew Lindzon, Chief

Financial Officer and Director; and, Michael Frank, Director.

The Company expects to hold a n annual and special m eeting (the "Meeting") in the near future . In

respect of the Meeting, the Company will prepare and distribute to its shareholders a management

information circular in accordance with the requirements of Form 51 -102F5 Information Circular of

National Instrument 51-102 – Continuous Disclosure Obligations.

The Common Shares of the Company are currently not listed or quoted on any exchange or market in

Canada or elsewhere.

The Company does not currently have any definitive plans in place for the operation of the business going

forward. However, it does intend to apply to the Ontario Securities Commission for a revocation of the

cease trade order issued on May 5, 2017.

For further information, please contact:

Andrew Lindzon

Chief Financial Officer and Director

Telephone No. 647-388-3095