Gainey Advances Drilling Program at Las Margaritas

Suite 501 – 595 Howe Street Vancouver, BC CANADA V6C 2T5

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TSXV: GNC / OTC: GNYPF June 18, 2019

GAINEY ADVANCES DRILLING PROGRAM AT LAS MARGARITAS

Vancouver, BC - Gainey Capital Corp. (TSXV: GNC) (OTC: GNYPF) (“Gainey” or the “Company”) is pleased to announce the

advancement of their upcoming drilling program at the Las Margaritas gold project in Durango, Mexico. As previously

announced on April 10, 2019, Gainey has been approved by th e Mexican Environmental Agency (SEMARNAT) to drill up to 32

drill targets on the property. In this initial phase, Gainey will drill at least 16 drill targets in approximately 2190 mete rs (see

map link).

This drill program has been designed by Gainey’s highly experienced exploration team to focus on the best mineralization

exposed on surface, where assays have returned up to 73.7 g/t gold (see Gainey news release dated March 19, 2019). Gold

mineralization at Las Margaritas is typical of a low sulphidation epithermal system, as is common throughout this prolific

geologic belt known as the Sierra Madre Occidental.

David Coburn, Gainey CEO, stated “We are excited about the high gold grades obtained in our su rface sampling program and

the fact that Las Margaritas has never been drilled. Our exploration team has been optimizing our drill program to test the

down-dip and strike continuity of the mineralization and we are now ready to move forward. Discussions w ith drilling

contractors are underway and mobilization of equipment is expected to begin in the coming weeks.”

David Dupre, P.Geo. is the designated Qualified Person for the El Colomo Project, as defined by National Instrument 43 -101,

and has approved this news release.

About Gainey Capital Corp.

Gainey is a gold and silver exploration, development and ore processing company exploring an aggregate of 14,000+ hectares

strategically located in the gold/silver-rich Sierra Madre Occidental Trend in western Mexico. The Company’s mill, located on

its El Colomo property, is capable of processing up to 300 tons of ore per day. Additional information on Gainey, its current

operations and its vision, is available on the Company’s website at www.gaineycapital.com or from [email protected].

ON BEHALF OF THE BOARD OF DIRECTORS

“David Coburn”

David Coburn, Chief Executive Officer

For information, please contact the Company:

Phone: 480-347-8904

E-mail: [email protected]

Website: www.gaineycapital.com

FORWARD LOOKING STATEMENTS: This press release may contain forward-looking statements. Forward-looking statements are statements

that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”,

“estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur.

Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such

statements are not guarantees of future performance and actual results may differ materially from those in forward looking st atements.

Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date such statements

were made. The Company expressly disclaims any intention or obligation to update or revise any forward -looking statements whether as a

result of new information, future events or otherwise.

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

has reviewed or accepts responsibility for the adequacy or accuracy of this Release.