DRUK CAPITAL PARTNERS INC. (the "Company") (TSX VENTURE:DRU.P) announces that it has closed the previously announced (See NR12-03; April 26, 2012) non-brokered private placement. The Company has issued 1,643,617 common shares at a price of $0.41 per common share for gross proceeds of $673,883.

Net proceeds of the private placement will be used by the Company to continue to evaluate assets or businesses for acquisition with a view to completing a Qualifying Transaction in a timely manner and to fund expenses related to such a Transaction. The securities issued are subject to a four-month hold period expiring September 3, 2012 under applicable securities laws in Canada.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to the account or benefit of a U.S. person absent an exemption from the registration requirements of such Act.

ON BEHALF OF THE BOARD

Kelly Klatik, President and CEO

This press release contains forward-looking statements and forward-looking information (collectively, "forward looking statements") within the meaning of applicable Canadian and United States securities laws. All statements, other than statements of historical fact, included herein, including statements regarding the proposed qualifying transaction are forward-looking statements. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions or are those which, by their nature, refer to future events. Although the Company believes that such statements are reasonable, there can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future performance, and that actual results may differ materially from those in forward-looking statements. Trading in the securities of the Company should be considered highly speculative. All of the Company's public disclosure filings may be accessed via [ www.sedar.com ].

This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Contributing Sources

Market Wire

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Druk Capital Completes Private Placement

Druk Capital Completes Private Placement