Mr. Jake Kalpakian reports

COMPANY UPDATE

37 Capital Inc., on June 20, 2019, made a formal offer to its joint venture partner, Colt Resources Inc., whereby the company offered to increase, under certain terms and conditions, the company's current 33-per-cent interest in the Extra High property to 80-per-cent interest in the Extra High property. The company is currently awaiting a response from Colt to the company's formal offer. The Extra High property is located in the province of British Columbia and consists of five contiguous tenures covering 650 hectares.

In respect to the company's news release dated June 11, 2019, the company's proposed share consolidation and the changing of the company's name is expected to take place shortly.

Pursuant to the policies of the Canadian Securities Exchange, the company has been deemed to be inactive, and, as a result, the company's current trading symbol is JJJ.X.

We seek Safe Harbor.