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SMP.V ·

Owl Capital Corp. Announces Trading Date and Private Placement

Financings

Owl Capital Corp. Announces Trading Date and

Private Placement

June 14, 2018 – Vancouver, British Columbia . Owl Capital Corp. (the “Company”) (TSX-V: OCC.P), a capital

pool company, is pleased to announce that it s shares will resume trading on the TSX Ve nture Exchange under the

symbol “OCC.P” on June 15, 2018.

The Company is also pleased to announce that it plans to complete a non-brokered private placement financing of up

to 15,000,000 common shares (each a “ Share”) at a price of $0.10 per Share for gro ss proceeds of up to $1,500,000

(the “Offering”).

The Company may pay finders a fee of cash and/or warrants under the Offering. The proceeds of the Offering will

be used to identify and evaluate potential Qualifying Transactions.

Closing of the Offering is subject to the approval of the TSX Venture Exchange.

About the Company

The Company is a Capital Pool Company within the meaning of the policies of the Exchange. The Company has

not commenced operations and has no assets other than cash.

The Company intends to use the net proceeds of the IPO to identify and evaluate potential Qualifying Transactions

under the policies of the Exchange.

Forward Looking Information

Information set forth in this news release contains forward -looking statements. These s tatements reflect

management’s current estimates, beliefs, intentions and expectations; they are not guarantees of future performance.

The Company cautions that all forward looking statements are inherently uncertain and that actual performance may

be affe cted by a number of material factors, many of which are beyond the Company’s control. Such factors

include, among other things: risks and uncertainties relating to the Company’s expectation to list its common shares

on the TSX -V, its a bility to identify, evaluate and complete a Qualifying Transaction and other risks and

uncertainties, including those described in the Company’s Prospectus dated May 1, 2018 filed with the Canadian

Securities Administrators and available on www.sedar.com. Accordingly, actual and future events, conditions and

results may differ materially form the estimates, beliefs, intentions and expectations expressed or implied in the

forward looking information. Except as required under applicable securities legislation, the Company under takes no

obligation to publicly update or revise forward-looking information.

For further information please contact:

Owl Capital Corp.

580 Hornby Street, Suite 880

Vancouver BC V6C 4B6

James Hutton, CEO

(604) 328-7515

[email protected]

NEITHER 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.