Mr. Stephen Stewart reports

ORECAP ANNOUNCES INTEREST FREE, UNSECURED LOAN TRANSACTION

Orecap Invest Corp. has entered into a loan agreement with a non-arm's-length lender for the principal sum of $833,333. Orecap will use the proceeds from the loan for general corporate purposes. The loan is evidenced by a promissory note and is payable on demand with a term of six months, unsecured and non-interest-bearing except upon the occurrence of an event of default in which case the outstanding principal amount will bear a default interest rate of 10 per cent per annum.

The lender is a company owned and controlled by Stephen Stewart, the chief executive officer and director of Orecap. Accordingly, the loan constitutes a related party transaction pursuant to Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The loan is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101. The company is exempt from the formal valuation requirement contained in Section 5.5(b) of MI 61-101 as the company does not have securities listed on a specified stock exchange. The loan is further exempt from the minority shareholder approval requirement pursuant to Section 5.7(1)(a) of MI 61-101 as the fair market value of the loan is less than 25 per cent of the company's market capitalization.

About Orecap Invest Corp .

Orecap seeks special-situation investments in the natural resource sector that offer shareholders diverse exposure to high returns on precious and critical metal assets and businesses.

We seek Safe Harbor.