Marching Moose Capital Corp. Transfers to NEX and Continues with its Qualifying Transaction

MARCHING MOOSE CAPITAL CORP.

Suite 2300 – 1066 West Hastings Street

Vancouver, BC V6E 3X2

NEWS RELEASE

October 26, 2017 TSXV Symbol: MMC.P

Marching Moose Capital Corp. Transfers to NEX and Continues with its Qualifying Transaction

Vancouver, British Columbia. Marching Moose Capital Corp. (" MMCC" or the "Co mpany"), a capital pool

company pursuant to Policy 2.4 of the TSX Venture Exchange (the “TSXV”), announces the transfer of its listing

to the NEX Board of the TSXV (“NEX”) effective October 27, 2017 and provides an update on its qualifying

transaction (“QT”) with Avidian Gold Inc. (“Avidian”).

The Company intends to complete i ts QT with Avidian and transfer its listing back to the TSXV in the coming

weeks. The listing on the NEX is designed to facilitate the preceding. Trading in the common shares of MMCC

will remain suspended while MMCC pursues the closing of the QT with Avidian. The trading symbol for the

Company will change from MMC.P to MMC.H.

In connection with the transfer to NEX, a total of 410,002 “seed shares” of the Company have been cancelled

pursuant to the TSXV policies so that the average cost of the remaining 410,001 seed shares is equal to

MMCC’s IPO price of $0.30 per share post the 2:1 consolidation of the Company’s shares completed on April

24, 2017.

For further information please contact:

Larry K. Doan

Director, President, Chief Executive Officer &

Chief Financial Officer

Marching Moose Capital Corp.

Phone: (778) 867-8874

The Exchange has in no way accepted the merits of the proposed QT 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.