Oakham Announces Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 15, 2016) - Oakham Capital Corp. (TSX VENTURE:OKM.H) ("Oakham" or the "Company") reports that the Company proposes to complete a non-brokered private placement ("Private Placement") of C$200,000 through the issuance of 4,000,000 common shares at price of C$0.05 per share. Proceeds of the Private Placement will be allocated toward the Company identifying a Qualifying Transaction, and for general working capital purposes.

ON BEHALF OF THE BOARD

David Patterson, CEO and Director

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.

Statements in this press release relating to the completion of the proposed Private Placement, may be "forward-looking statements" or "forward-looking information" under applicable securities laws. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Oakham Capital Corp. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include market prices; availability of capital and financing; general economic, market or business conditions; receipt of Exchange approvals; receipt of and timeliness of government or regulatory approvals; regulatory changes; and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. There is no assurance the Private Placement will be completed as stated above, or at all. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.