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File: PR TSXV approves Option Agreement for Porcupine Property.docx

VANITY CAPITAL INC. ANNOUNCES FILING OF FORM 43-101 TECHNICAL REPORT FOR PORCUPINE PROPERTY AND TSXV APPROVAL OF OPTIO
--->N AGREEMENT WITH IAMGOLD CORPORATION
Vancouver, British Columbia, November 28, 2016 - Vanity Capital Inc. (TSX Venture: VYC) ("Vanity") is pleased to annou
--->nce that it has satisfied the TSX Venture Exchange's (the "Exchange") conditions for approval of Vanity's previously a
--->nnounced option agreement with IAMGOLD Corporation ("IAMGOLD") providing for an option (the "Option") to acquire a 100
--->% interest in IAMGOLD's Porcupine Property in the Duparquet Township area of Quebec (the "Property"), as previously an
--->nounced August 19, 2016.
Vanity is also pleased to announce that it has filed a National Instrument 43-101 Standards of Disclosure for Mineral 
--->Projects ("NI 43-101") compliant technical report in respect of the Property which is available on SEDAR at www.sedar.
--->com.
OPTION AGREEMENT
Under the terms of the Option, Vanity will earn a 100% interest in the property after spending a minimum of one-millio
--->n five hundred thousand ($1,500,000) on exploration expenditures, which is to include the completion of a minimum 5,00
--->0 metres of diamond drilling on the property, within twenty-four (24) months of the Option. The Option is also subject
---> to Vanity entering into an agreement to acquire an interest in an adjacent property.  Upon Vanity vesting its interes
--->t, IAMGOLD would retain a 2% net smelter royalty.  
The Option also provides Vanity with the right to renegotiate a pre-existing net smelter royalty of 3% held by certain
---> third parties.
Vanity has agreed to pay a cash finder's fee to Loewen, Ondaatje, McCutcheon Limited in connection with the Option. $5
--->,000 is to be paid on approval of the TSX Venture Exchange and an additional $10,000 on Vanity completing its required
---> exploration expenditures under the Option.
The Porcupine Property consists of ten (10) contiguous patented claims covering approximately 153 hectares located in 
--->the Duparquet Township area of Quebec. 
TECHNICAL REPORT
The technical report filed today has been prepared in accordance with NI 43-101 on the Property (the "Report").  The R
--->eport dated September 18, 2016 is entitled "NI 43-101Technical Report Porcupine Property Duparquet Twp., Quebec, for V
--->anity Capital Inc." was prepared by Russell Crosby, M.Sc., P.Geo., an independent "Qualified Person" (as that term is 
--->defined in NI 43-101), of New Maryland, New Brunswick.
The Report is available for review on SEDAR (www.sedar.com).
The scientific and technical content and interpretations contained in this news release have been reviewed, verified a
--->nd approved by John Archibald, A.P.G.O., P.Geo., a Qualified Person as defined by NI 43-101.
ABOUT VANITY CAPITAL INC.
Vanity is a Vancouver junior exploration company. It is Vanity's intent to advance the Porcupine Property as quickly a
--->s possible.  Vanity is reviewing other potential property acquisitions and opportunities with a specific focus on mine
--->ral properties in Quebec.
CONTACT
For further information, contact Mr. Harry Miller, CEO at:
Telephone: (425) 453-0355
Some statements contained in this news release are forward-looking statements.  These statements generally are identif
--->ied by words such as the Company "believes", "expects", and similar language, or convey estimates and statements that 
--->describe the Company's future plans, objectives or goals. Since forward-looking statements are based on assumptions an
--->d address future events and conditions, by their very nature they involve inherent risks and uncertainties. Further in
--->formation regarding risks and uncertainties which may cause results to differ materially from those projected in forwa
--->rd-looking statements, are included in filings by the Company with securities regulatory authorities. Readers are caut
--->ioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof.  The Company
---> does not undertake to update any forward-looking statement that may be made from time to time except in accordance wi
--->th applicable securities laws. References may be made in press releases to historic mineral resource estimates. None o
--->f these are NI 43-101 compliant and a qualified person has not done sufficient work to classify these historic estimat
--->es as a current mineral resource. They should not be relied upon and Vanity does not treat them as current mineral res
--->ources.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX 
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.