Vancouver, BC – Gainey Capital Corp. (TSXV: GNC) (OTC: GNYPF) (“Gainey” or the “Company”) is pleased to announce that  it has arranged a non-brokered private placement of up to 10,000,000 Units (the “Units”) in the capital of the Company at  a price of C$0.05 per Unit for gross proceeds of up to C$500,000 (the “Offering”). Each Unit will consist of one common  share and one non-transferable common share purchase warrant (a “Warrant”) exercisable at C$0.075 to purchase an  additional common share for a period of 24 months from closing. Closing is expected to occur on or before February 28,  2021.

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