Canada Pacific Capital Corp. (the "Company") is pleased to announce that it has
completed its initial public offering through its agent, PI Financial Corp.
("PI"), of 8,000,000 common shares at a price of $0.10 per common share for
total gross proceeds of $800,000 pursuant to a prospectus dated December 22,
2010. The Company has received conditional acceptance to be listed as a capital
pool company on the TSX Venture Exchange (the "TSXV"). The common shares of the
Company are expected to commence trading on the TSXV at the opening of market on
or about January 7, 2011 under the trading symbol "CPR.P". As consideration for
its role as agent, the Company granted to PI a non-transferable option to
purchase up to 800,000 common shares of the Company at a price of $0.10 per
common share for a period of 24 months from the date the Company's common shares
are listed on the TSXV. In addition, PI received a cash commission equal to 10%
of the gross proceeds of the offering and a corporate finance fee of $15,000. 


As a result of the closing of this offering, the Company now has 11,600,000
common shares issued and outstanding (3,600,000 of which are subject to escrow
restrictions), 800,000 reserved for issuance upon the exercise of the option
granted to PI and 1,160,000 common shares reserved for issuance upon the
exercise of stock options. The escrowed shares will be released in staged
releases over a period of 36 months. The Company's board of directors and
management team is comprised of the following individuals: Rong Catherine Lu
(Director, President and Chief Executive Officer), Michael Lam (Director and
Chief Financial Officer), Adam Szweras (Director and Secretary), Yan Gang Li
(Director), Daniel Noone (Director) and Mendel Ekstein (Director).