Mr. Jake Kalpakian reports

37 CAPITAL ANNOUNCES CONVERTIBLE DEBENTURE FINANCING

37 Capital Inc. intends to conduct a convertible debenture financing to raise gross proceeds of up to $200,000. The debenture financing will pay interest at the rate of 10 per cent per annum and will mature 24 months from the date of issuance (the maturity date). The debenture financing shall be convertible up to 2,857,143 units of the company at the conversion price of seven cents per unit. Each unit shall be convertible into one common share and one share purchase warrant exercisable to purchase one common share at the price of 15 cents per common share for a period of two years.

The proceeds from the debenture financing will be utilized toward general working capital and to pay an outstanding debt to a creditor.

The securities that may be issued in connection with the debenture financing shall include a hold period in accordance with applicable securities laws. There may be insider participation and there may be finders' fees payable with respect to the debenture financing.

We seek Safe Harbor.