Mr. Stephen Stewart reports

ORECAP ANNOUNCES GRANT OF STOCK OPTIONS

Orecap Invest Corp.'s board of directors has approved the grant of stock options to certain directors, officers and consultants of the company, allowing for the acquisition of up to, in the aggregate, 2.35 million shares of the company. It granted 2,125,000 stock options to certain directors and officers of the company. The options are exercisable at a price of 14 cents per share for five years from the date of grant, vest one year from the date of grant, and are subject to regulatory policies and approvals.

The grant of options to certain directors and officers is a related-party transaction under Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The company relied on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of related-party matters as the company is listed on the TSX Venture Exchange, and neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involves the related parties, exceeded 25 per cent of the company's market capitalization (as determined under MI 61-101).

About Orecap Invest Corp.

Orecap is focused on special situations in the natural resource sector where it seeks to generate opportunities that offer shareholders diverse exposure to high returns on investments in precious and critical metal assets and businesses.

We seek Safe Harbor.