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MASS.V ·

Gainey Announces the Appointment of Brian Metzenheim to Vice President of Exploration

Management Changes

Suite 501 – 595 Howe Street

Vancouver, BC CANADA V6C 2T5

_________________________________________________________________________________________

TSXV: GNC / OTC: GNYPF October 10, 2017

GAINEY ANNOUNCES THE APPOINTMENT OF BRIAN METZENHEIM TO VICE

PRESIDENT OF EXPLORATION

Vancouver, British Columbia - Gainey Capital Corp. (TSXV: GNC) (OTC: GNYPF) (“Gainey” or the

“Company”) is pleased to announce the appointment of Brian Metzenheim as Vice President Exploration,

effective immediately.

Brian Metzenheim has over 20 years experience in mineral exploration with a focus on precious metals. Most

recently, Mr. Metzenheim spent 15 years with Minefinders Corporation managing generative reconnaissance

programs and project exploration across Northern Mexico including the advanced stage La Bolsa property.

Following the acquisition of Minefinders by Pan American Silver Corp. Mr. Metzenheim assumed the position of

Manager, US Exploration with Pan American Silver, managing the drill confirmation of a 100+ million ounce

silver deposit and evaluation of potential acquisition targets. Mr. Metzenheim holds a BSc in Geology from the

University of Nevada, Reno, is a Qualified Person as defined by NI43-101 and is fluent in Spanish.

"I am excited to join Gainey Capital as VP Exploration and look forward to leading the team that will take the El

Colomo project to the next level," said Brian Metzenheim. "Given the geological similarities of the project to

many of the mineral occurrences I have successfully advanced elsewhere in Mexico, I am confident we can

unlock the maximum value from El Colomo."

David Coburn, Gainey’s CEO, stated, “We are very excited to have Brian Metzenheim as our VP Exploration

and now leading our exploration strategy and e xploration team at Gainey. Bria n has had a tre mendous amount

of success in Mexico with geological systems similar to what we are targeting at our El Colomo project.”

About Gainey Capital Corp.

Gainey Capital is a gold and silver exploration, development and mineral processing comp any exploring an

aggregate of 187 sq kms strategically located in the gold/silver -rich Sierra Madre Occidental Trend in western

Mexico. The company’s processing center , located outside of Huajicori, in Nayarit, Mexico, is capable of

processing up to 300 tons of mineralized material per day with the capability to upgrade to 600 tons per day with

a low capital expenditure. Additional information on Gainey Capital, 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”, “be lieves”, “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 ar e based on reasonable assumptions, such statements are not guarantees of future

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performance and actual results may differ materially from those in forward looking statements. Forward -looking statements

are based on the beliefs, estimates and opinions of th e 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.

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

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