88 Capital and Golden Ridge Resources Expand Offering and 2017 Exploration Program 88 Capital Corp.

88 CAPITAL AND GOLDEN RIDGE RESOURCES EXPAND OFFERING

AND 2017 EXPLORATION PROGRAM

88 CAPITAL CORP.

Suite 800 - 1199 West Hastings Street

Vancouver, British Columbia

V6E 3J5

Vancouver, British Columbia, August 28 , 2017 – 88 Capital Corp. (TSX.V: EEC) (the

“Company” or “ 88 Capital”) is pleased to announce that it has expanded its brokered private

placement (the "Offering") as previously announced on March 1, 2017. Pursuant to the Offering,

the Company now intends to raise gross proceeds of up to $5.25 million through the issuance of:

(a) 32,000,000 units (the “Units” or individually a “Unit”), at a price of $0.125 per Unit for total

gross proceeds of up to $4,000,000; and (b) 8,333,333 flow -through shares (“FT Shares” ), at a

price of $0.15 per FT Share for total gross proceeds of up to $1,250,000.

Each Unit will consist of one common share and one-half of one common share purchase warrant

(“Warrant”), with each Warrant being exercisable to acquire one common share of the company

at a price of $0.25 for a period of 36 months following the closing date of the Offering.

The Offering is being closed in conjunction with the reverse takeover transaction announced by

the Company on January 31, 2017; whereby, the Company sha ll acquire 100% of the issued and

outstanding securities of Golden Ridge Resources Ltd. (“ Golden Ridge”) by means of reverse

takeover in exchange for common shares of the Corporation on a one-for-one basis. The Company

anticipates the Offering to close on Thursday, August 31st.

In connection with the expanded Offering, the Company will increase the size of it’s planned 2017

exploration program to drill test additional targets on it’s Hank gold-silver-copper project. The

drill program will approximately double in size up to 9,000m, weather and time permitting.

About Golden Ridge

88 Capital Corp. entered into an agreement effective Jan. 25, 2017, with Golden Ridge to acquire

100 per cent of the issued and outstanding securities of Golden Ridge by means of reverse takeover

in exchange for common shares of 88 Capital on a one-for-one basis. The Company shall continue

to be a Tier 2 mining issuer upon completion of the transaction. The completion of the acquisition

is subject to the approval of the TSX Venture Exchange (the “Exchange”).

Golden Ridge is a private British Columbia company, which holds an option to earn a 100 -per-

cent interest in the 1,700-hectare Hank gold-silver-copper property located in the Golden Triangle

district, approximately 140 kilometres north of Stewart, B.C. Golden Ridge may earn a 100 -per-

cent interest by performing $1.7-million of exploration work by the end of 2018; this is subject to

a certain back-in provision if a deposit equals or exceeds three million ounces of gold in the mineral

resource category. The completion of the acquisition is subject to the approval of the Exchange.

For further information regarding this news release contact:

Anthony Jackson, CFO

Tel: (604) 630-3838 or by email at [email protected]

or

Song Lee, Associate, First Republic Capital Corp.

Tel: (416) 957-6300 or by email at [email protected]

On behalf of the Board of Directors

88 CAPITAL CORP.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.