Himalayan Capital Corp.
TSX VENTURE : HIM

January 25, 2012 16:30 ET

Himalayan Capital Corp Files Notice of Change of Auditor

TORONTO, ONTARIO--(Marketwire - Jan. 25, 2012) - Himalayan Capital Corp. (TSX VENTURE:HIM) announces that it has changed its auditors from Davidson & Company, LLP, Chartered Accountants ("Davidson" or the "Former Auditors") to McGovern, Hurley, Cunningham, LLP, Chartered Accountants ("MHC" or the "Successor Auditors"). Davidson resigned and were replaced by MHC effective January 25, 2012.

There were no reservations in the Former Auditor's reports in connection with the two most recently completed fiscal years or for any period subsequent to the most recently completed period for which an audit report was issued. There were also no reportable events between the Company and the Former Auditor or the Successor Auditor including disagreements, unresolved issues or consultations as defined in National Instrument 51-102, Continuous Disclosure ("NI 51-102").

All procedures have been properly followed under NI 51-102 regarding the change of auditor and, as required, a Notice of Change of Auditor together with the required letters from the Former Auditor and the Successor Auditor will be filed via SEDAR with each securities commission in each province or territory in Canada in which the Company is a reporting issuer.

ON BEHALF OF THE BOARD OF DIRECTORS,

David O'Connor, President and Chief Executive Officer

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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