88 Capital Corp. Announces TSX Venture Exchange Conditional Acceptance 88 Capital Corp.

88 CAPITAL CORP. ANNOUNCES TSX VENTURE EXCHANGE

CONDITIONAL ACCEPTANCE

88 CAPITAL CORP.

Suite 800 - 1199 West Hastings Street

Vancouver, British Columbia

V6E 3J5

Vancouver, British Columbia, July 17, 2017 – 88 Capital Corp. (TSX.V: EEC) (the “ Company” or “88

Capital”) today announced that the TSX Venture Exchange (“ TSX-V”) has provided its conditional

acceptance of 88 Capital’s acquisition of Golden Ridge Resources Ltd. and 88 Capital’s concurrent

financing (the “Offering”) previously announced on March 1, 2017.

The conditional approval was granted based on the draft filing statement that the company has submitted

to the TSX -V. Further details regarding the transaction will be outlined in the filing statement and

remains subject to final review and app roval of the TSX -V. Investors are cautioned that, except as

disclosed in the final filing statement, any information released or received with respect to the transaction

is in draft form and should not be relied upon.

Additional Exemption to Private Placement

In addition to other available prospectus exemptions, a portion of the Offering may be completed pursuant

to Multilateral Notice 45 -318 – Prospectus Exemption for Certain Distributions through an Investment

Dealer (“CSA 45-318”) and the corresponding blanket orders and rules implementing CSA 45- 318 in the

participating jurisdictions in respect the reof (collectively with CSA 45 -318, the “ Investment Dealer

Exemption”). As at the date hereof, the Investmen t Dealer Exemption is available in each of Alber ta,

British Columbia, Saskatchewan, Manitoba and New Brunswick. Pursuant to CSA 45 -318, each

subscriber relying on the Investment Dealer Exemption must obtain advice r egarding the suitability of the

investment from a registered investment dealer.

As descr ibed in the prior press release, the Company intends to issue up to: (a) 8,000,000 units (the

“Units” or individually a “ Unit”), at a price of $0.125 per Unit for total gross proceeds of $1,000,000;

and (b) 13,333,333 flow -through shares (“ FT Shares”), at a price of $0.15 per FT Share for total gross

proceeds of $2,000,000. 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 proceeds of the Offering will be used advance exploration activities on the Hank property, general

corporate purposes, and future working capital. The securities issued pursuant to the Offering will be

subject to statutory hold periods e xpiring four months and one day from the date of issuance of such

securities, and such other restrictions as are required by applicable securities laws. There is no material

fact or material change of the Company that has not been generally disclosed.

The Company expects to close the Offering on or about July 21, 2017.

On behalf of the Board,

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.