Rebel Announces Completion of Initial Public Offering

P R E S S R E L E A S E

Vancouver, British Columbia October 31, 2017

TSX-V Symbol: RBL.P

REBEL ANNOUNCES COMPLETION OF INITIAL PUBLIC OFFERING

REBEL CAPITAL INC. (the "Corporation" or "Rebel"), a capital pool company, is pleased to announce

that it has completed its initial public offering (the " Offering") of 2,000,000 common shares in the capital

of the Corporation (" Common Shares") at the price of $0.10 per Common Share for gross proceeds of

$200,000 and has filed for listing as a capital pool company on the TSX Venture Exchange (the " TSXV").

Leede Jones Gable Inc. (the " Agent") acted as agent on the Offering. The Common Shares are

expected to commence trading on the TSXV on or about November 3, 2017 under the trading symbol

"RBL.P".

As a result of the closing of this Offeri ng, Rebel now has 4,660,000 Common Shares issued and

outstanding (2,660,000 of which are subject to escr ow restrictions), 200,000 Common Shares reserved

for issuance upon the exercise of agent's options granted upon completion of the Offering and 200,000

Common Shares reserved for issuance upon the exercise of stock options.

The Agent received a cash commission equal to 10% of the total gross proceeds of the Offering, a

corporate finance fee and the 174,400 agent's options ex ercisable at a price of $0.10 per common Share

up to 24 months from the day the Common shares are listed on the TSXV.

The net proceeds of the Offering will be used by t he Corporation to identify and evaluate assets or

businesses for acquisition with a view to comple ting a "Qualifying Transaction" under the capital pool

company program of the TSXV as disclosed in the Corporation's (final) prospectus dated August 29,

2017.

The Corporation's board of directors and management t eam is comprised of the following individuals:

Mihalis Belantis (Chief Executive Officer and a director), Christopher Donald Reid (Chief Financial Officer,

Secretary and a director) and Craig Lindsay (director).

FOR FURTHER INFORMATION PLEASE CONTACT:

Mihalis Belantis

Phone: (403) 701-7299

The forward-looking statements contained in this pre ss release are made as of the date of this press

release, and Rebel does not undertake any obligation to update publicly or to revise any of the included

forward-looking statements, whether as a result of new information, future events or otherwise, except as

expressly required by securities law.

THIS PRESS RELEASE, REQU IRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR

DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND

DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY

OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE

NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF

1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD

IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the

TSXV) accepts responsibility for the adequacy or accuracy of this release.