Gunpowder Capital Corp., Common Shares to Commence Trading on the OTCQB Stock Exchange

Toronto, Ontario--(Newsfile Corp. - September 11, 2017) - Gunpowder Capital Corp. (CSE: GPC) (CSE: GPC.PR.A) (OTCQB: GNPWF) (FSE: YS6N) ("Gunpowder" or the "Corporation") is extremely pleased to announce that the Corporation's common shares have been approved for listing onto the OTCQB Marketplace, and that effective at market open today, the Corporation's common shares will commence trading on the OTCQB under the trading symbol "GNPWF" (www.otcmarkets.com/stock/GNPWF) completing the application process which the Corporation announced, via press release, back on June 1^st, 2017. Previously, the Corporation's common shares traded on the OTC Pink.

Mr. Frank Kordy stated: "Listing on the OTCQB is part of Gunpowder's overall strategy to increase its potential audience of investors internationally. Management strongly believes that listing the Corporation's common shares onto the OTCQB will enable Gunpowder's story to reach a much larger institutional and private investor audience both in the USA and internationally. Management also strongly feels that the OTCQB listing will provide prospective American based investors increased transparency, while providing our existing American based investors increased liquidity. We are very pleased to have obtained the OTCQB listing and that the process is now completed. Furthermore, we see this listing perfectly complementing our existing Canadian Securities Exchange listing and we also see this listing as the next logical step in building world class Company for our shareholders."

About Gunpowder Capital Corp.

Gunpowder Capital Corp., is a merchant bank and advisory services firm based in Toronto, Ontario, Canada. Gunpowder invests in both publicly traded and private businesses that have successful management teams and attractive economic models. Gunpowder partners with these businesses to support their growth initiatives with its proven methodology of appropriate financing and structured exits. Gunpowder offers debt financing, including mezzanine and bridge loans, equity financing and advisory services. Gunpowder is also building a portfolio of companies in which it takes a long term position and view. For more information please visit www.gunpowdercapitalcorp.com.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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.

— 30 —