Mr. Michael Bester reports

PCI-1 CAPITAL CORP. EXTENDS DEADLINE FOR COMPLETION OF QUALIFYING TRANSACTION

PCI-1 Capital Corp. has extended the deadline for the completion of the acquisition by the corporation of all of the issued and outstanding common shares of Curis Resources Ltd. from July 15, 2010, to Oct. 31, 2010. As consideration for the granting of such extension by the corporation, Curis paid certain expenses of the corporation incurred to July 15, 2010, in connection with the acquisition. The acquisition, if completed, will constitute the qualifying transaction of the corporation under Policy 2.4 of the exchange.

Despite the foregoing extension, there can be no assurance that the acquisition will be completed as proposed, or at all. Under the rules of the exchange, trading in the common shares of the corporation has been halted, and will remain halted, pending completion of the acquisition.

Completion of the transaction is subject to a number of conditions, including, but not limited to, exchange acceptance and, if applicable pursuant to exchange requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.