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File: PR - Private Placement (final).docx
VANITY ANNOUNCES $250,000 PRIVATE PLACEMENT
Vancouver, British Columbia, March 3, 2015 - Vanity Capital Inc. (TSX VENTURE: VYC) ("Vanity" or the "Company") is pleas
--->ed to announce a non-brokered private placement of 500,000 Units of the Company at a price of $0.50 per Unit for gross p
--->roceeds of CDN $250,000 (the "Private Placement"). Each Unit will consist of one common share and one warrant to purchas
--->e one common share (the "Warrant") of the Company. Each warrant is exercisable into one common share of the Company at a
--->n exercise price of $0.60 per common share for a period of twenty-four months following the closing date of the Private
--->Placement. The Warrants contain an acceleration provision (the "Acceleration Provision") that states: "If the volume wei
--->ghted average closing price of the common shares on the TSX Venture Exchange is $1.20 or more for 21 consecutive trading
---> days at any time subsequent to the expiry of six months from the date of issuance of the Warrants, then the Company wil
--->l earn the right, by providing notice (the "Acceleration Notice") to the Warrant holder(s), to accelerate the Expiry Dat
--->e of the Warrants to that date which is 30 days from the date of the Acceleration Notice."
Proceeds from the Private Placement will be used to identify and evaluate other potential mineral assets. Vanity is curr
--->ently reviewing several advanced stage mineral exploration properties in the province of Quebec. No finder's fee will be
---> paid in connection with this Private Placement.
The completion of the Private Placement is subject to regulatory approval, as well as approval from the TSX Venture Exch
Vanity is a Canadian mineral exploration company listed on the TSX Venture Exchange (TSXV: VYC). Vanity's strategic focu
--->s is on exploring for gold and other precious metals in Canada.
On behalf of the Board of Directors of VANITY CAPITAL INC.
For further information, contact Nicholas Segounis, Chief Executive Officer at (604) 757-0397.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TS
--->X Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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