TORONTO, ONTARIO--(Marketwired - April 8, 2013) - Focused Capital Corp. ("Focused Capital") (TSX VENTURE:FLO.P), a capital pool company as defined under Policy 2.4 of the TSX Venture Exchange (the "Exchange"), announces that pursuant to its press release dated January 15, 2013, Focused Capital has received approval from the Exchange to transfer its listing to the NEX board of the Exchange, effective the opening of market, on April 10, 2013 under the ticker symbol "FLO.H". The common shares of Focused Capital (the "Focused Capital Shares") continue to be suspended, pending completion of its proposed "qualifying transaction" with Mongolia Minerals Corporation, previously announced on March 15, 2013.

As part of the transfer to NEX, Focused Capital received shareholder approval at its annual and special meeting held on February 14, 2013 to cancel 2,500,000 Focused Capital Shares held by non-arm's length parties of Focused Capital that were issued at a price below the initial public offering price of the Focused Capital Shares. It is expected that upon completion of the proposed "qualifying transaction" with Mongolia Minerals Corporation, the Focused Capital Shares will commence trading on the Exchange again.

Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange Requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although Focused Capital believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, Focused Capital disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

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