First One Capital Inc.

March 14, 2005 12:42 ET

First One Capital Inc. To Be Admitted For Trading On The TSX Venture Exchange


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: FIRST ONE CAPITAL INC.

TSX VENTURE SYMBOL: FOC.P

MARCH 14, 2005 - 12:42 ET

First One Capital Inc. To Be Admitted For Trading On
The TSX Venture Exchange

TORONTO, ONTARIO--(CCNMatthews - March 14, 2005) - First One Capital
Inc. (TSX VENTURE:FOC.P), a capital pool company, announces that the
common shares of First One Capital will be admitted for trading on the
TSX Venture Exchange (the "Exchange") on Tuesday, March 15, 2005 under
the stock symbol "FOC.P".

Following the closing of the initial offering on March 2, 2005, a total
of 6,752,160 common shares of First One Capital were issued and
outstanding. The number of common shares held in escrow pursuant to the
policies of the Exchange has increased from 3,333,333 to 3,353,333
because 20,000 shares purchased by a principal of the Corporation
through the initial public offering are held in escrow.

The net proceeds of the offering will be used by First One Capital to
identify and evaluate assets or businesses for acquisition with a view
to completing a "Qualifying Transaction" under the capital pool company
program of the Exchange.

Shares Outstanding: 6,752,160

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    First One Capital Inc.
    Owen Menzel, Chief Executive Officer,
    Chief Financial Officer and Director
    (416) 919-5735
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.