Resinco Capital Partners Inc.
TSX : RIN
FRANKFURT : L6V

Resinco Capital Partners Inc.

May 16, 2011 19:12 ET

Resinco® Capital Partners Inc. Releases Q1 2011 Results

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2011) - Resinco® Capital Partners Inc. ("Resinco" or the "Company") (TSX:RIN)(FRANKFURT:L6V) announces its financial results for the three months ended March 31, 2011. The Company posted a net loss of $7,603,000 ($0.063 per share (basic)), versus a net income of $587,000 ($0.005 per share (basic)) for the same period in 2010. At period end, the Company held investments with a fair value of $20,540,000 ($0.17 per share), compared to $17,250,000 ($0.14 per share) at March 31, 2010.

Resinco realized gains of $1,068,000 on the sale of marketable securities during the quarter and recorded unrealized investment losses of $8,165,000, compared to realized gains of $219,000 and unrealized investment gains of $758,000 for the same period in 2010.

Mr. Icke, President and CEO of Resinco stated commenting on the Company's performance, "Our investment portfolio will continue to be impacted by volatility in the resource sector, as we, and our peers, have experienced in this quarter. However, as a result of our success in 2010, Resinco is on a much stronger platform to weather these fluctuations and continue to take advantage of the long term trend which most analysts agree will continue to present significant opportunities for value creation in the resource exploration market."

Mr. Icke went on to state, "As compared to our December 31st, 2010 portfolio valuation of $28,428,000 we experienced a $7,888,000 net loss. Some 85% or $6,701,000 of that loss was attributed to four portfolio companies."

Resinco also announces that its net asset value (NAV) for the end of April, 2011. As of April 30th, 2011 Resinco's unaudited NAV per share was $0.156. The closing price of $0.095 on April 29th, 2011 represents a 39.10% discount to the NAV.

Use of Non-GAAP Financial Measures

NAV is a non-GAAP financial measure calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. There is no comparable measure presented in Resinco's financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure.

About Resinco® Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company which specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors

RESINCO® CAPITAL PARTNERS INC.:

John Icke, President and CEO

Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company's business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements.

The TSX Exchange does not accept responsibility for the adequacy or accuracy of this release.

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