FYI Galena Capital Corp

Galena Capital Corp. (TSX VENTURE:FYI) (the "Company") announces the appointment
of Mark Lotz, CA as the new Chief Financial Officer effective April 1, 2012.


Mr. Lotz is a Chartered Accountant with 18 years of experience primarily in the
minerals industry and related securities businesses. He has held CFO positions
with several well-known mining and exploration companies including African Queen
Mines, Sacre-Coeur Minerals, Ltd., and Prophecy Resources Corp. He has also
served as a senior executive officer for two Vancouver based securities firms
and a financial compliance officer for the Vancouver Stock Exchange.


The Company's former CFO, Mr. Michael Sweatman will remain as a Director of the
Company.


About Galena Capital Corp.:

Galena has been reviewing numerous opportunities in the oil and gas and mining
sectors in order to restructure and add shareholder value and has recently
acquired a 51% interest in the Ironhorse Property. The property consists of 19
tenures, comprising an aggregate of 7,787.3 hectares located in the Skeena and
Liard Mining Divisions of British Columbia.


ON BEHALF OF GALENA CAPITAL CORP.

Craig Lindsay, Director

Certain of the statements made in this news release may contain forward-looking
statements within the meaning of applicable Securities law. We have made
numerous assumptions about the material forward-looking statements and
information contained herein, including among other things, the assumptions
about the price of oil and gas, anticipated costs and expenditures and our
ability to achieve our goals. Even though our management believes that the
assumptions made and the expectations represented by such statements or
information are reasonable, there can be no assurance that the forward-looking
statements or information will prove to be accurate. Forward-looking statements
and information include, but are not limited to statements or information with
respect to known and unknown risks, uncertainties and other factors which may
cause the Company's actual results, performance or achievements, or industry
results, to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements and
information. Such risks, uncertainties and other factors include, among others,
the failure to obtain necessary regulatory approvals, risks associated with the
oil and gas industry in general (e.g., operational risks in development,
exploration and production; delays or changes in plans with respect to
exploration or development projects or capital expenditures; the uncertainty of
reserve estimates; the uncertainty of estimates and projections relating to
production, costs and expenses, and health, safety and environmental risks), and
commodity price, interest rate and exchange rate fluctuations. Should one or
more of these risks, uncertainties or other factors materialize, or should
underlying assumptions prove incorrect, actual results may vary materially from
those described in forward-looking statements and information. Although we have
attempted to identify factors that would cause actual results to differ
materially from those described in forward-looking statements and information,
there may be other factors that cause actual results, performances, achievements
or events to not be as anticipated, estimated or intended. Also, many of the
factors are beyond our control. There can be no assurance that forward-looking
statements or information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements.
Accordingly you should not place undue reliance on forward-looking statements or
information. Except as required by law, we do not expect to update
forward-looking statements and information as conditions change and you are
referred to the full discussion of the Company's business contained in the
Company's reports filed with the securities regulatory authorities in Canada.

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