VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 14, 2012) - Big Mojo Capital Inc. (the "Corporation") (TSX VENTURE:MJJ.P) is pleased to announce that, following the Corporation's receipt of the TSX Venture Exchange's conditional acceptance of the Corporation's previously announced proposed qualifying transaction with CapGain Properties Inc. (the "Proposed Transaction"), the Corporation has now filed its filing statement in relation to the Proposed Transaction on SEDAR and a copy of same is available under the Corporation's profile at [ www.sedar.com ].

Upon completion of the Proposed Transaction, CapGain Properties Inc. ("CapGain") will be a wholly owned subsidiary of the Corporation operating in the real estate investment sector, with the operations of CapGain being the Corporation's main business.

It is anticipated that the Proposed Transaction will close on or about December 21, 2012.

Trading in the shares of the Corporation will remain halted until such time as the Proposed Transaction is completed.