NBO.P Nebo Capital Corp

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS


Nebo Capital Corp. (the "Corporation") (TSX VENTURE:NBO.P) wishes to announce
that the letter of intent dated November 29, 2013 (the "Letter of Intent")
between the Corporation, Lara Exploration Ltd. ("Lara") and privately held
Kiwanda Mines (NA) LLC ("Kiwanda"), relating to the proposed acquisition of
interests held in certain mineral exploration properties and assets in Colombia
(the "Proposed Acquisition"), has expired and the Corporation has determined
that it does not intend to pursue the Proposed Acquisition further.


The Corporation is a "capital pool company" within the meaning of the policies
of the TSX Venture Exchange ("TSXV") and has not commenced commercial operations
and has no assets other than cash. The Corporation will continue to pursue and
evaluate other businesses and assets with a view to completing a "Qualifying
Transaction", as such term is defined under the policies of the TSXV, and looks
forward to announcing a potential acquisition in the near future.


At a later date, the Corporation may re-examine the Proposed Acquisition or a
similar transaction with Lara or Kiwanda, or both, and the potential of such a
transaction as the Qualifying Transaction of the Corporation.


The Corporation has cancelled 575,000 escrowed shares and made an application
with the Exchange for a transfer to NEX and a resumption to trading of the
shares of the Corporation which the Exchange has advised has been accepted. The
Exchange will be issuing a bulletin soon on the resumption of trading of the
Corporation's shares and its trading symbol will be changed from NBO.P to NBO.H.


Cautionary Statements

Certain statements contained in this press release constitute forward-looking
information. These statements relate to future events or future performance. The
use of any of the words "could", "intend", "expect", "believe", "will",
"projected", "estimated" and similar expressions and statements relating to
matters that are not historical facts are intended to identify forward-looking
information and are based on the Corporation's current belief or assumptions as
to the outcome and timing of such future events. Actual future results may
differ materially. The Corporation cannot offer any assurances that a Qualifying
Transaction will be completed. The forward-looking information contained in this
release is made as of the date hereof and the Corporation is not obligated to
update or revise any forward-looking information, whether as a result of new
information, future events or otherwise, except as required by applicable
securities laws. Because of the risks, uncertainties and assumptions contained
herein, investors should not place undue reliance on forward-looking
information. The foregoing statements expressly qualify any forward-looking
information contained herein.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nebo Capital Corp.
Neil Halldorson
President, Chief Executive Officer,
and Chief Financial Officer
(604) 689-1428

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