VANCOUVER, BC / ACCESSWIRE / June 21, 2017 / (TSXV: GNC) (OTC PINK: GNYPF) ("Gainey" or the "Company") announces that the
Company has arranged a non-brokered private placement (the "Offering") of up to 20,833,333 units ("Units") in the capital of the
Company at a price of $0.12 per Unit for gross proceeds of up to $2,500,000.
Each Unit will be comprised of one common share and one common share purchase warrant ("Warrant"), each Warrant entitling the
holder to purchase one additional common share of the Company at a price of $0.24 per share for a period of 24 months. All
securities issued in connection with the Offering will be subject to a statutory four-month plus one-day hold period. Finders' fees
may be paid in connection with this Offering.
The proceeds of the Offering will be used for exploration activities at the Company's 100%-owned El Colomo project located in
the states of Nayarit and Durango, western Mexico. The El Colomo project hosts 23 gold/silver mineralized zones which the Company
continues to explore with drilling and geophysical testing. Detailed drill results from the La Nueva Victoria zone, one of the 23
El Colomo zones, are available in Gainey press releases dated September 28, 2016 and October 3, 2016, available at
www.sedar.com.
About Gainey Capital Corp.
Gainey Capital is a gold and silver exploration, development and mineral processing company exploring an aggregate of 187 sq kms
strategically located in the gold/silver-rich Sierra Madre Occidental Trend in western Mexico. The company's processing centre,
located outside of Huajicori, in Nayarit and Durango, Mexico, is capable of processing up to 300 tons of mineralized material per
day with the capability to upgrade to 600 tons per day with a low capital expenditure. Additional information on Gainey Capital,
its current operations and its vision is available on the Company's website at www.gaineycapital.com or from
info@gaineycapital.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"David Coburn" David Coburn, Chief Executive Officer
For information, please contact the Company:
Phone: 480-347-8904 E-mail: info@gaineycapital.com Website: www.gaineycapital.com
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United
States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the
"U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons
unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is
available.
FORWARD LOOKING STATEMENTS: This press release may contain forward-looking statements. Forward-looking statements are statements
that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates,"
"believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would,"
"may," "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially
from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the
Company's management on the date such statements were made. 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.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
SOURCE: Gainey Capital Corp.