Himalayan Capital Corp. Announces Issuance of Final Exchange Bulletin Regarding Qualifying Transaction With Minera Azul Ventures Limitada

TORONTO, ONTARIO--(Marketwire - Jan. 17, 2012) - Himalayan Capital Corp. ("Himalayan") (TSX VENTURE:HIM) is pleased to announce that, further to its news release dated January 12, 2012, the TSX Venture Exchange (the "TSXV") has granted final acceptance and issued its Final Exchange Bulletin on January 17, 2012 for the Company's acquisition of the issued and outstanding registered securities of Minera Azul Ventures Limitada ("Minera Azul") (the "Qualifying Transaction").

Himalayan's common shares will be reinstated for trading on the TSXV effective January 18, 2012, under the symbol "HIM".

Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; market conditions; fluctuations in commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absence of dividends; competition; dilution; the volatility of our common share price and volume and the additional risks identified in the "Risk Factors" section of the Company's Filing Statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and Himalayan undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.