NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE
SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN.


Pacific Orient Capital Inc. ("Pacific Orient") (TSX VENTURE:AAQ.P) announces
that it has completed a non-brokered private placement financing pursuant to
which it raised gross proceeds of $100,000 through the issuance of 2,000,000
common shares in the capital of Pacific Orient at a price of $0.05 per share.
All securities issued pursuant to the financing are subject to a four-month hold
period.


No finders' fees were paid, no insiders subscribed for shares and no new
insiders were created. The net proceeds will be used by Pacific Orient for
identification of a "qualifying transaction" and for working capital pursuant to
the rules of the TSX Venture Exchange (the "Exchange") governing "capital pool
companies".


About Pacific Orient Capital Inc.

Pacific Orient Capital Inc., a capital pool company within the meaning of the
policies of the Exchange, was incorporated October 19, 2009 and was listed on
the Exchange on March 25, 2010. Pacific Orient does not have any operations and
has no assets other than cash. Pacific Orient's business is to identify and
evaluate businesses and assets with a view to completing a qualifying
transaction under the policies of the Exchange.


The information in this news release includes certain information and statements
about management's view of future events, expectations, plans and prospects that
constitute forward looking statements. These statements are based upon
assumptions that are subject to significant risks and uncertainties. Because of
these risks and uncertainties and as a result of a variety of factors, the
actual results, expectations, achievements or performance may differ materially
from those anticipated and indicated by these forward looking statements.
Although Pacific Orient believes that the expectations reflected in forward
looking statements are reasonable, it can give no assurances that the
expectations of any forward looking statements will prove to be correct. Except
as required by law, Pacific Orient disclaims any intention and assumes no
obligation to update or revise any forward looking statements to reflect actual
results, whether as a result of new information, future events, changes in
assumptions, changes in factors affecting such forward looking statements or
otherwise.


This press release does not constitute and the subject matter hereof is not, an
offer for sale or a solicitation of an offer to buy, in the United States or to
any "U.S Person" (as such term is defined in Regulation S under the U.S.
Securities Act of 1933, as amended (the "1933 Act")) of any equity or other
securities of Pacific Orient. The securities of Pacific Orient have not been
registered under the 1933 Act and may not be offered or sold in the United
States (or to a U.S. Person) absent registration under the 1933 Act or an
applicable exemption from the registration requirements of the 1933 Act.


Pacific Orient Capital (TSXV:AAQ.P)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Pacific Orient Capital Charts.
Pacific Orient Capital (TSXV:AAQ.P)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Pacific Orient Capital Charts.