Mr. Jake Kalpakian reports

37 CAPITAL ANNOUNCES PROPOSED PRIVATE PLACEMENT

37 Capital Inc. intends to enter into a non-brokered private placement, whereby the company may raise gross proceeds of up to $200,000 by issuing up to two million units of the company, at the price of 10 cents per unit. Each unit will consist of one common share of the company and one share purchase warrant to purchase an additional common share of the company, at the price of 15 cents per common share, for a period of three years from the closing date.

There may be finders' fees payable and certain insiders may participate in this proposed 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 for general working capital purposes.

We seek Safe Harbor.