LL Capital Corp. Completes Initial Public Offering

TORONTO, ONTARIO--(Marketwired - March 4, 2015) -

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LL Capital Corp. (the "Corporation"), a capital pool company, is pleased to announce the completion of its initial public offering (the "Offering"). The Corporation issued 3,000,000 common shares in the capital of the Corporation (the "Common Shares") at a price of $0.10 per share, for gross proceeds to the Corporation of $300,000. As a result of this issuance, the Corporation has 9,000,000 Common Shares issued and outstanding. All of the 6,000,000 Common Shares issued prior to this Offering are deposited in escrow with the Corporation's escrow agent.

The Common Shares will commence trading on the TSX Venture Exchange (the "Exchange") at the opening of market on March 4, 2015 under the trading symbol of "LLA.P".

In connection with the Offering, the Corporation has granted options to purchase an aggregate of 300,000 Common Shares at $0.10 per share to its agent Richardson GMP Limited; options to purchase an aggregate of 900,000 Common Shares at $0.10 per share to its directors and officers; and charitable options to purchase 90,000 Common Shares at $0.10 per share to the Toronto Foundation.

The net proceeds of the Offering will be used by the Corporation 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.

The current directors and officers of the Corporation are: Amar Bhalla, Chief Executive Officer, Chief Financial Officer and Director; Michael Thomson, Corporate Secretary; James Eaton, Director; and Richard Kimel, Director.

Neither 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.

Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation. Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

For additional information, please see the prospectus of the Corporation dated February 4, 2015.