Mr. Michael McPhie reports

CHANGE OF NAME TO CURIS RESOURCES LTD & NEW TRADING SYMBOL "CUV"

On Jan. 28, 2011, PCI-1 Capital Corp. shareholders approved the change of the company's name to Curis Resources Ltd. The company also has a new trading symbol on the TSX Venture Exchange, and will begin trading under the symbol CUV shortly.

The name Curis is an acronym for copper (Cu) recovery in situ. Curis's focus is to develop its flagship Florence copper project in Arizona, United States, into a world-class low-cost copper producer in the near term. The Florence copper project was advanced to the point of having all project operating permits in place, a feasibility study completed and the successful operation of a pilot test by former owner BHP Copper Inc. in the late 1990s.

"We are well positioned to establish Curis as a near-term next-generation copper producer," said Curis president and chief executive officer Michael McPhie. "Our 100-per-cent-owned Florence project hosts a copper oxide deposit with a 429-million-tonne measured and indicated resource that is amenable to in situ copper recovery (ISCR), and industry-standard solvent extraction and electrowinning (SX/EW) copper production. In late 2010, we announced the completion of a very positive preliminary economic assessment (PEA) for the project and raised $38-million to advance our 18-month work plan (see news in Stockwatch on Nov. 25, 2010). Over the next year, we expect to optimize our project engineering, complete a feasibility study and complete project permitting. Project permitting involves the amendment and updating of the operational permits for the project through a well-defined and time-limited amendment process. Upon successful completion of these activities, Curis will start a phase 1 development program that will involve the drilling and activation of an initial ISCR well block, and construction and commissioning of a temporary SX/EW plant to produce 99.99 per cent pure copper cathode at the Florence copper project site. Construction of the full commercial SX/EW plant, and well field facilities and associated infrastructure (phase 2) will follow phase 1 and is planned to start in late 2012."

We seek Safe Harbor.