Mr. Simon Yakubowicz reports

CLUNY CAPITAL CORP. COMPLETES INITIAL PUBLIC OFFERING

Cluny Capital Corp. has completed its initial public offering (IPO). The corporation issued 2,233,700 common shares at a price of 20 cents per share for gross proceeds to the corporation of $446,740. As a result of this issuance, the corporation has 3,733,701 common shares issued and outstanding, of which 1,500,001 common shares are held in escrow pursuant to the policies of the TSX Venture Exchange.

The common shares of the corporation were listed on the TSX Venture Exchange at the close of business on Aug. 19, 2014, and will commence trading on the TSX-V under the stock symbol CLN at market open on Wednesday, Aug. 20, 2014.

All Group Financial Services Inc. acted as agent in respect of the IPO and received an option to acquire an aggregate of 223,370 common shares for a period of two years from the date of listing at an exercise price of 20 cents per share. A corporate finance fee and a cash commission of 10 per cent of the gross proceeds of the IPO were also paid.

In addition, the corporation granted an aggregate of 373,370 stock options to its directors and officers at an exercise price of 20 cents per share for a period of 10 years from the date of grant.

The net proceeds of the IPO will be used by the corporation to identify and evaluate assets of businesses for acquisition with a view to completing a qualifying transaction under the CPC program of the TSX-V as disclosed in the corporation's prospectus dated May 21, 2014.

We seek Safe Harbor.