Gunpowder Capital Corp., to List its Common Shares onto the OTCQB Stock Exchange

Toronto, Ontario--(Newsfile Corp. - June 1, 2017) - Gunpowder Capital Corp. (CSE: GPC) (CSE: GPC.PR.A) (OTC Pink: GNPWF) (FSE YS6N) ("Gunpowder" or the "Corporation"), announced today that it has commenced the process in getting the Corporation's Common Shares listed onto the OTC Markets OTCQB Stock Exchange.

The Corporation has submitted Form 211 to the Financial Industry Regulatory Authority ("FINRA") in the United States and has been informed by FINRA that the Corporation has demonstrated compliance with FINRA Rule 6432 and that the Corporation may initiate a priced quotation on the OTC Pinksheets under the trading symbol "GNPWF" (www.otcmarkets.com/stock/GNPWF).

The Corporation has also appointed, and has retained, Globex Transfer LLC., of Deltona Florida to serve as the Corporation's America based Co-Transfer Agent.

The Corporation is currently in the process of applying to Depository Trust Company ("DTC") in the United States for purposes of having the Corporation's Common Shares DTC eligible. Once the Corporation's Common Shares have become DTC eligible the Corporation will then apply to the OTC Markets for OTCQB eligibility and listing.

Mr. Paul Haber stated: "Having the Corporation listed on the OTCQB can greatly increase the Corporation's investor base and will enhance the Corporation's visibility to potential new investors. Furthermore, we strongly feel that having the Corporation listed on the OTCQB will complement our existing advisory services which includes assisting clientele in their Canadian 'go public' mandate."

For further information please contact:

Mr. Frank Kordy
CEO & Director
Gunpowder Capital Corp.
T: (647) 466-4037
E: frank.kordy@gunpowdercapitalcorp.com

Mr. Paul Haber
CFO
Gunpowder Capital Corp.
T: (416) 363-3833
E: paul.haber@gunpowdercapitalcorp.com

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation 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 expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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