Magnum Capital Corp. Announces Conditional Acceptance of Qualifying Transaction

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UNITED STATES


Magnum Capital Corp. (TSX VENTURE:MGK.P) ("Magnum" or the "Corporation") is
pleased to announce that the TSX Venture Exchange Inc. (the "Exchange") has
conditionally accepted the previously announced proposed "Qualifying
Transaction" of the Corporation, within the meaning of Policy 2.4 of the
Exchange, relating to a binding option agreement (the "Option Agreement") dated
September 6, 2012, with International Bethlehem Mining Corp. ("International
Bethlehem"), granting Magnum an option to acquire a 51% undivided interest in
certain mineral properties situated in Slocan Mining Division, British Columbia.
The Exchange has also approved the filing today of the Corporation's filing
statement dated August 16, 2013 (the "Filing Statement") prepared in connection
with the Qualifying Transaction.


Completion of the Corporation's Qualifying Transaction is subject to a number of
conditions, including but not limited to the Exchange's final acceptance of the
Qualifying Transaction. Subject to certain conditions, as more particularly
described in the Filing Statement, completion of the Qualifying Transaction is
anticipated to occur on or about September 30, 2013. Shareholders of the
Corporation are encouraged to review the Corporation's Filing Statement
providing full particulars of the subject transaction, which has been filed
under the Corporation's SEDAR profile at www.sedar.com.


Investors are cautioned that, except as disclosed in the Corporation's Filing
Statement any information released or received with respect to the Qualifying
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 Exchange has in no way passed upon the merits of the proposed Qualifying
Transaction and has neither approved nor disapproved the contents of this press
release.


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


Trading in the common shares of the Corporation is expected to commence two
business days after the issuance of the Exchange Bulletin in connection with the
approval of the filing of the Filing Statement.


Cautionary Statements

Certain statements contained in this press release constitute forward-looking
information. These statements relate to future events or future performance. The
use of any of the words "could", "intend", "expect", "believe", "will",
"projected", "estimated" and similar expressions and statements relating to
matters that are not historical facts are intended to identify forward-looking
information and are based on the Corporation's current belief or assumptions as
to the outcome and timing of such future events. Actual future results and
developments may differ materially from those contemplated by these statements
depending on, among other things, the risk that conditions related to completion
of the Qualifying Transaction are not met or that the Exchange will not provide
final approval of the Qualifying Transaction or the resumption of trading of the
common shares of the Corporation. Various assumptions or factors are typically
applied in drawing conclusions or making the forecasts or projections set out in
forward-looking information. Those assumptions and factors are based on
information currently available to the Corporation. Material factors and
assumptions include: being able to obtain the necessary regulatory approvals,
including Exchange approval for the Qualifying Transaction and the satisfaction
of all conditions to the Qualifying Transaction as contained in the Option
Agreement and as imposed by regulatory authorities. The Corporation cautions the
reader that the above list of risk factors is not exhaustive. The
forward-looking information contained in this press release is made as of the
date hereof and the Corporation is not obligated to update or revise any
forward-looking information, whether as a result of new information, future
events or otherwise, except as required by applicable securities laws. Because
of the risks, uncertainties and assumptions contained herein, investors should
not place undue reliance on forward-looking information. The foregoing
statements expressly qualify any forward-looking information contained herein.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Magnum Capital Corp.
Daniel B. Evans
President, Chief Executive Officer and Director
(604) 922-2030
Magnum Goldcorp, Inc. (TSXV:MGK.P)
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