Himalayan Capital Corp. ("Himalayan" or the "Company") (TSX VENTURE:HIM) is
pleased to announce the appointment of Catherine Gignac to the Board of
Directors of the Company. Ms. Gignac is a mining equity research analyst, most
recently with NCP Northland Capital Partners. She has covered the mining and
minerals sector, including large to small cap, precious and base metal mining
companies, for 25 years with several leading Canadian brokerage firms. She is a
frequent chairperson and speaker at industry conferences. With an Hons. B.Sc.
Geology degree from McMaster University she started her career as an exploration
geologist with Barrick Gold Corporation. She is a member and has served as
President of the Mineral Resources Analyst Group, is a member of the CFA
Institute, the Canadian Institute of Mining and Metallurgy, the Prospectors and
Developers Association of Canada and serves on the CSA Administrators' Mining
Technical Advisory and Monitoring Committee. In addition, she is a director of
St Andrew Goldfields Ltd. 


"I look forward to working with the Company's experienced team both in Canada
and in Chile" stated Catherine Gignac. "The drilling programs now underway
should advance the understanding and potential of this historic mining
district."


"We are very excited to have Catherine join the team" stated Tony Wonnacott,
Chairman of the Company. "Her previous experience, both from a technical
perspective with her background in geology and her knowledge of the capital
markets, will assist the Company's exploration and development of our La Higuera
project and our recently acquired Caballo Blanco project."


In addition, subject to regulatory approval, the Company has granted Ms. Gignac
options to purchase 100,000 common shares at an exercise price of $0.305 per
common share, with such options being valid for five years.


About Himalayan Capital Corp.

Himalayan Capital Corp. is a mineral exploration company with the rights,
through its wholly owned subsidiary Minera Azul Ventures Limitada, to acquire a
100% interest in a prospective copper-gold property in La Higuera, Chile (the
"La Higuera Property"). The La Higuera Property, which is located approximately
600 kilometres north of Santiago, was assembled as a result of the first-time
consolidation of mining rights in a historical copper-gold mining center and is
located in a prolific I.O.C.G. belt surrounded by excellent infrastructure in a
mining friendly jurisdiction.


The La Higuera Property covers a historic copper mining district with mining
activity dating back to at least the late 18th century; however, there has been
no known modern exploration conducted on the property. Since the consolidation
of the mining rights in June 2011, Minera Azul has initiated a rock sampling
program, completed geophysical work which has generated intense magnetic and
chargeability anomalies coincident with existing copper workings and has
commenced a 4,000 metre drill program.


Cautionary Statements

Information set forth in this news release may involve forward-looking
statements under applicable securities laws. Forward-looking statements are
statements that relate to future, not past, events. In this context,
forward-looking statements often address expected future business and financial
performance, and often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or event "may",
"might", "could", "should", or "will" be taken or occur, or other similar
expressions. All statements, other than statements of historical fact, are
forward-looking statements. By their nature, forward-looking statements involve
known and unknown risks, uncertainties and other factors which may cause our
actual results, performance or achievements, or other future events, to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such factors include,
among others, the following risks: the need for additional financing;
operational risks associated with mineral exploration; market conditions;
fluctuations in commodity prices; title matters; environmental liability claims
and insurance; reliance on key personnel; the potential for conflicts of
interest among certain officers, directors or promoters with certain other
projects; the absence of dividends; competition; dilution; the volatility of our
common share price and volume and the additional risks identified in the "Risk
Factors" section of the Company's Filing Statement or other reports and filings
with the TSX Venture Exchange and applicable Canadian securities regulations.
Forward-looking statements are made based on management's beliefs, estimates and
opinions on the date that statements are made and Himalayan undertakes no
obligation to update forward-looking statements if these beliefs, estimates and
opinions or other circumstances should change, except as required by applicable
securities laws. Investors are cautioned against attributing undue certainty to
forward-looking statements.


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