88 Capital Corp. Announces Closing of Initial Public Offering

88 CAPITAL CORP. NEWS RELEASE Suite 602 - 595 Howe Street TSX Venture Exchange Vancouver, BC V6C 2T5 Trading Symbol: EEC.P

88 CAPITAL CORP. ANNOUNCES CLOSING OF INITIAL PUBLIC OFFERING

September 27, 2011 – Vancouver, British Columbia – 88 Capital Corp. (the “Company”) is pleased to report that it has successfully completed its initial public offering of 2,000,000 common shares at $0.10 per share for gross proceeds of $200,000 pursuant to a prospectus dated June 24, 2011 (the “Prospectus”). Wolverton Securities Ltd. (“Wolverton”) acted as agent for the offering. Wolverton received a cash commission of 10% of the gross proceeds of the offering, a $10,000 corporate finance fee (exclusive of HST) and agent’s options to purchase up to an aggregate of 200,000 common shares at a price of $0.10 per share exercisable for a period of 24 months from the closing.

The Company’s common shares have been conditionally approved for listing on the Exchange. The Company anticipates that its common shares will commence trading on Monday, October 3, 2011 under the symbol “EEC.P”.

For further information, please contact:

Robert Coltura, Director Suite 602 - 595 Howe Street Vancouver, BC V6C 2T5 Telephone: 604-684-9333 E-mail: [email protected]

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.

AC/1441155.1