Green Swan Capital Corp. (TSX VENTURE:GSW) ("Green Swan") announces the
commencement of its spring / summer work program on its tenures in the Golden
Triangle, British Columbia. 


Green Swan has engaged a fully integrated service provider to immediately carry
out exploration activities on each of RylieJack, Peggy, AshleyGold, Tops, Snip
and SK West. These activities will include a geological sampling program on each
Property, with a target of acquiring and assaying a total of 50 samples. The
assay results will be released as they become available.


"Our goal is to deliver real value to the shareholders while conserving the
company's capital," said Peter M. Clausi, Green Swan's Chief Executive Officer.
"We have been able to plan a low-cost, multi-property program on Properties
where our neighbors have recently released strong positive news. This will be a
continuation of work begun on RylieJack last fall, adjourned due to inclement
weather."


GREEN SWAN'S TENURES AND NEIGHBORS 

Green Swan's properties in north British Columbia are exceptionally
well-situated to benefit from the activity of its neighbors. 


These neighbors include Pretium Resources Inc. and Pretium's award-winning
Brucejack Property. RylieJack is entirely contained within Pretium's tenures,
close to a regional access road. On May 8, 2013, Pretium announced it plans to
complete 15,000 metres of underground drilling as part of a 10,000 tonne bulk
sample program.


Peggy is neighbored by the Granduc Copper Project of Castle Resources Inc. to
the southwest. On February 28, 2013 Castle announced a Preliminary Economic
Assessment for Granduc, showing a pre-tax net present value (NPV 8%) of $388
million and a 20.9% internal rate of return (IRR), and a post-tax NPV 8% of $253
million and a 17.8% IRR.


To the east, Peggy is neighbored by the Tennyson Property, currently under
option from Teuton Resources Corp. to Brigade Holdings (Canada) Inc., a Hunter
Dickinson company. During 2012, Brigade carried out geological mapping,
geochemical sampling, magnetic surveys, IP surveys, petrographic work and
re-logging of all historical drill holes, at a cost of approximately $1 million.
On December 11, 2012 Teuton announced that it had been advised by Brigade that,
"Further exploration during the 2012 field program has indicated that pervasive
hydrothermal alteration extends into an area of exposed rock west of the
(Tennyson Deposit Area)."


AshleyGold and Tops are to the north of Peggy, roughly 8 kilometres southwest of
the bulk sample program at Brucejack. AshleyGold's south border rests on
Brigade. To its north is Teuton Resources' High property. On October 15, 2012
Teuton announced the results of one drill hole and grab samples from the High
property, adding, "...we were fortunate enough to hit extensive gold
mineralization, proving that the prolific system of gold-bearing deposits
evident in the properties of Pretium Resources and Seabridge Gold extends
southward into our ground. The nearest zone to the north is Pretium's Bridge
deposit from which 21 holes drilled in 2010 averaged 237m of 0.87 g/t gold, the
same grade and almost same length as our hole."


Green Swan's Snip Property (so named by a prior owner due to its proximity to
the former producer Snip Mine, which produced slightly over 1 million ounces of
gold from 1991 to 1999) and Green Swan's SK West Property are located roughly
halfway between the Snip Mine and the former producer Eskay Creek Mine, roughly
9 kilometres from each. They are also northwest of Seabridge Gold Inc.'s KSM
Project, which according to Seabridge on May 22, 2013, "...contains one of the
largest undeveloped gold and copper reserves in the world. Its composite
intrusive complex hosts four large gold-copper porphyry deposits with direct
genetic links to epithermal vein deposits including the neighboring
Brucejack/Valley of the Kings occurrences...".


Green Swan is a Canadian company engaged in the business of acquiring, exploring
and dealing in mineral properties in Canada. With fewer than 20,000,000 shares
outstanding, Green Swan is well-poised to deliver real value through exploration
and through corporate M&A activities. 


Further information about Green Swan can be found at www.greenswancapital.com
and at www.sedar.com. 


Reader Advisory

This news release may include statements about expected future events and/or
financial results that are forward-looking in nature and subject to risks and
uncertainties. Green Swan cautions that actual performance will be affected by a
number of factors, many of which are beyond its control. Future events and
results may vary substantially from what Green Swan currently foresees.
Discussion of the various factors that may affect future results is contained in
Green Swan's recent filings, available on SEDAR. Green Swan assumes no liability
for repeating or referring to any facts, statements, releases, data or reports
disseminated by any other issuer. Any reference to any other issuer should be
cross-checked for accuracy and context by the reader. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Green Swan Capital Corp.
Peter M. Clausi
Chief Executive Officer
416-890-1232
pclausi@greenswancapital.com
www.greenswancapital.com