RM RouteMaster Capital Inc

Routemaster Capital Inc. (TSX-V:RM) (“Routemaster” or the “Company”) is pleased to provide a business update and summary of recent activities.

Routemaster is an investment issuer with strategic investments in Sulliden Mining, Aberdeen International, Fura Gems, Trigon Metals, Pacific Rim Cobalt, Desert Lion Energy. It also holds NSR royalties in the Val d’Or region in Quebec and an NSR on the Sal de los Angeles lithium project in Argentina.

Routemaster’s latest investment is in Pinedale Springs LLC (“Pinedale”), a company that owns and operates a solar farm cryptocurrency data centre in Cary, North Carolina. As announced on December 14, 2018, the Company signed a letter of intent to invest US$1.35 million to acquire 49% in Pinedale (the “Transaction”) with the current management set to continue to build and expand the blockchain cryptocurrency facility. Routemaster will be a minority investor and financial advisor to assist in the future growth of Pinedale. The Company is currently completing the due diligence process of the transaction and is negotiating final terms of the definitive agreement. With completion of the transaction, Routemaster will have an investment in a company that has a “proof of concept” facility to undertake blockchain cryptocurrency mining with significantly lower carbon dioxide emissions than traditional fossil fuel power generation. Pinedale’s solar-cryptocurrency facilities are currently cash flow positive.

With the global rise of the blockchain industry, Routemaster believes blockchain technology and its applications will radically transform and shape the future of global business. Routemaster will be looking diligently for investment opportunities within blockchain technologies and all math‑based technologies and applications, including cryptocurrencies in various stages, mature blockchain currencies, blockchain start-ups and initial coin offerings (“ICOs”). Routemaster will also have a focus on investing in companies within the clean energy and renewable energy sectors especially companies with strong environmental sustainable principles. Routemaster will keep seeking out opportunities in this sector to provide shareholders with accretive investments.

About Routemaster Capital Inc.:

Routemaster Capital Inc. is a Canadian investment company that carries on business with the objective of enhancing shareholder value.

For further information please contact

Fred Leigh President and Chief Executive Officer Tel: +1 (416) 861-5933

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements, including statements regarding the Transaction and Pinedale, the impact of the Transaction on the Company, the blockchain/cryptocurrency industry and the sustainability thereof, the ability of Pinedale to execute its business model, the financial projection of Pinedale’s business, the Company’s ability to identify accretive investments and the Company’s ability to attract required financing. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf, except as required by applicable law.

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 RELEASE.