Almo to Change Name to Blackrock Gold Corp.

Vancouver, British Columbia--(Newsfile Corp. - July 25, 2016) - Almo Capital Corp. (TSXV: APT) (the "Company") announces that the TSX Venture Exchange (the "Exchange") has approved the Company's name change to "Blackrock Gold Corp.". The name change will be completed effective July 27, 2016. The name change was approved by shareholders at the Company's Annual General and Special Meeting held on July 15, 2016. The Company's common shares will begin trading on the Exchange under its new name Blackrock Gold Corp. at the market open on Wednesday, July 27, 2016, under the new trading symbol "BRC". The new CUSIP for the Company's common shares is 09258M101.

For further information, please contact:
David Robinson, Chief Executive Officer
Almo Capital Corp.
Phone: 1.403.399.9047
Email: drrhorizon@gmail.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains forward‑looking statements. All statements, other than statements of historical fact, constitute "forward‑looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

Forward‑looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward‑looking information or statements. Important factors that could cause actual results to differ from these forward‑looking statements include but are not limited to the ability of the Company to attract financing and the general market conditions of the industry in which the Company operates and the other factors discussed in the sections relating to risk factors discussed in the Company's continuous disclosure filings on SEDAR.

There can be no assurance that any forward‑looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward‑looking information or statements. Except as required by law, the Company does not intend to revise or update these forward‑looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.