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File: PR - Closing of Private Placement v1.doc

VANITY ANNOUNCES CLOSING OF $250,000 PRIVATE PLACEMENT
Vancouver, British Columbia, March 12, 2015 - Vanity Capital Inc. (TSX VENTURE: VYC) ("Vanity" or the "Company") is pl
--->eased to announce it has closed its non-brokered private placement of 500,000 Units of the Company at a price of $0.50
---> per Unit for gross proceeds of CDN $250,000 (the "Private Placement"). Each Unit consists of one common share and one
---> warrant to purchase one common share (the "Warrant") of the Company. Each warrant is exercisable into one common shar
--->e of the Company at an exercise price of $0.60 per common share for a period of twenty-four months following the closi
--->ng date of the Private Placement. The Warrants contain an acceleration provision (the "Acceleration Provision") that s
--->tates: "If the volume weighted average closing price of the common shares on the TSX Venture Exchange is $1.20 or more
---> for 21 consecutive trading days at any time subsequent to the expiry of six months from the date of issuance of the W
--->arrants, then the Company will earn the right, by providing notice (the "Acceleration Notice") to the Warrant holder(s
--->), to accelerate the Expiry Date of the Warrants to that date which is 30 days from the date of the Acceleration Notic
--->e." All of the Units issued in the Private Placement are subject to a securities law hold period of 4 months and a day
---> ending on July 13, 2015.
Messrs. Segounis and Miller, who are both insiders of the Company, participated in the Private Placement and are each 
--->considered a "related party" to the Company under Multilateral Instrument 61-101 Protection of Minority Security Holde
--->rs in Special Transactions ("MI 61-101") by virtue of being directors of the Company and their respective shareholding
--->s being in excess of 10% of the share capital. Accordingly, a portion ($21,125 or 8.45%) of the Private Placement is a
---> "related party transaction" under MI 61-101. The Private Placement is a transaction that is exempt from (i) the forma
--->l valuation requirements under Section 5.4 of MI 61-101 pursuant to Subsections 5.5(a) of MI 61-101 and (ii) from the 
--->minority approval requirements under Section 5.6 of MI 61-101 pursuant to Subsection 5.7(1)(a) of MI 61-101 because th
--->e C$21,125 fair market value of the portion of the Private Placement being acquired by Messrs. Segounis and Miller doe
--->s not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101.
As a result of the closing of the Private Placement, Vanity now has 7,825,265 Common Shares issued an outstanding.
Proceeds from the Private Placement will be used to identify and evaluate other potential mineral assets. Vanity is cu
--->rrently reviewing several advanced stage mineral exploration properties in the province of Quebec. No finder's fee was
---> paid in connection with the Private Placement.
The completion of the Private Placement was approved by the TSX Venture Exchange.
About Vanity
Vanity is a Canadian mineral exploration company listed on the TSX Venture Exchange (TSXV: VYC). Vanity's strategic fo
--->cus is on exploring for gold and other precious metals in Canada.
On behalf of the Board of Directors of  VANITY CAPITAL INC.
Contact
For further information, contact Harry Miller, President at (425) 453-0355.
Cautionary Statement
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.