Mammoth Capital Corp. completes Initial Public Offering as a Capital Pool Company

Suite 1610, 1066 West Hastings Street Vancouver, BC V6E 3X1

NEWS RELEASE

Mammoth Capital Corp. completes Initial Public Offering as a Capital Pool Company

May 12, 2011 – Vancouver, British Columbia. Mammoth Capital Corp. (“Company”) is pleased to announce that the Company’s common shares commenced trading on the TSX Venture Exchange (“Exchange”) today under the trading symbol MTH.P.

The Company is a capital pool company under the policies of the Exchange. Investors are cautioned that trading in the securities of a capital pool company should be considered highly speculative.

For further information, please contact:

Mammoth Capital Corp.

Edward Farrauto

Telephone: (604) 687-3992

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.