Bling Capital Corp. Announces Completion of Private Placement Financing

PRESS RELEASE

Bling Capital Corp. Announces Completion of Private Placement Financing

January 4, 2010 - Calgary, Alberta: Bling Capital Corp. (the “Corporation”) (TSXV: BLI.P) announces that, on December 31, 2009, the Corporation completed a previously announced non-brokered private placement (the “Offering”) of common shares in the capital of the Corporation (“Common Shares”) at an issue price of $0.10 per Common Share for gross proceeds of $465,000.

The Offering was conducted on a non-brokered basis. However, the Corporation paid $1,400 and granted 87,500 Common Shares to certain arms length finders in connection with the Offering.

The Offering is subject to final approval by the TSX Venture Exchange (the “Exchange”). The net proceeds of the Private Placement will be used to finance the ongoing costs associated with identifying, evaluating and completing a potential qualifying transaction. An officer of the Corporation subscribed under the offering for 250,000 Common Shares.

The Corporation is currently a capital pool company pursuant to the policies of the Exchange. The Corporation will continue to identify and evaluate business opportunities for the Corporation in order to complete its qualifying transaction.

For Further Information Please Contact:

Bling Capital Corp.

Kevin V. Nephin, President and Chief Executive Officer (604) 824-6056

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.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws.

C:\DOCUME~1\SCEDER~1\LOCALS~1\Temp\MetaTemp\CAL01-695010-v1-Press_Release_-_closing_private_placement.DOC