Mr. John McMullen reports

LGC CAPITAL LTD. CLOSES FINANCING WITH ARLINGTON CAPITAL AND RETAINS RENMARK FINANCIAL COMMUNICATIONS INC.

LGC Capital Ltd. has closed its previously announced financing with Arlington Capital and has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities.

"We are pleased to announce that we have selected Renmark to reinforce LGC Capital Ltd.'s profile in the financial community and enhance the visibility of our company. We choose Renmark because its standards and methodologies fit best with the message we wish to communicate to the investing public," noted John McMullen, president.

In consideration of the services to be provided, the monthly fees incurred by LGC will be a cash consideration of up to $8,000, starting June 1, 2019, for a period of six months ending on Nov. 30, 2019, and monthly thereafter.

Renmark does not have any interest, directly or indirectly, in LGC or its securities, or any right or intent to acquire such an interest.

LGC has closed the final tranche of its previously announced financing with Arlington Capital (please refer to LGC's press release dated Jan. 24, 2019). Pursuant to the private placement, Arlington Capital has fully subscribed for a total of 104 million common shares of LGC at a price of 10 cents per share. As a result of this private placement, Arlington Capital is LGC's largest single shareholder holding 19.97 per cent of LGC's issued and outstanding common shares. There were no warrants with this financing. Use of proceeds are to accelerate LGC's group of companies' business plan for the current calendar year. As previously announced, on closing of the private placement, LGC will pay a 3-per-cent finder's fee to an arm's-length third party, said fee to be paid in common shares of LGC at an issue price of 10 cents per share. All shares issued by LGC are subject to a hold period of four months and one day from the date of issuance. In accordance with the terms of the private placement, has appointed an Arlington Capital representative to LGC's board of directors in the person of Ferras Zalt who is now chairman of LGC's board of directors.

We seek Safe Harbor.