CR Capital Corp.
TSX VENTURE : CIT.H
NEX BOARD : CIT.H

June 20, 2016 14:00 ET

CR Capital Corp. Provides Corporate Update

TORONTO, ONTARIO--(Marketwired - June 20, 2016) - CR Capital Corp. (NEX:CIT.H) (the "Company" or "CR") announced today that it has mutually agreed to terminate merger discussions with DNI Metals Inc (CSE:DNI) in respect of the Non-Binding Letter of Intent signed on January 27, 2016. CR Capital continues to investigate transactions which will maximize the value of the working capital assets of the Company.

Neither the CSE, TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

About CR Capital Corp.

CR Capital Corp. is in the process of divesting of its resources assets and will reposition the company to optimize the value for shareholders.

Caution Regarding Forward-Looking Information

This news release includes certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed in such forward-looking statements. Forward-looking statements in this news release, include, but are not limited to, economic performance and future plans and objectives of the Company. Any number of important factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although Cogitore believes that the assumptions and factors used in making the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this new release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. CR disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

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.

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