Mr. Jake Kalpakian reports

37 CAPITAL ANNOUNCES PROPOSED PRIVATE PLACEMENT

37 Capital Inc. intends to enter into a non-brokered private placement financing whereby the company may raise gross proceeds of up to $100,000 by issuing up to four million units of the securities of the company at the price of 2.5 cents per unit. Each unit will consist of one common share in the capital of the company and one share purchase warrant to purchase an additional common share in the capital of the company at the price of five cents per common share for a period of five years from closing. Finders' fees may be payable in respect to this transaction and certain insiders may participate in this financing. All securities that will be issued in connection with this proposed financing will include a hold period in accordance with applicable securities laws. The proceeds of this proposed financing shall be utilized toward the payment of the company's liabilities and for general working capital purposes.