Source: McMillan LLP - Calgary

CapGain Properties Inc. Announces Change in Fiscal Year End

LAKE IN THE HILLS, ILLINOIS--(Marketwired - Jan. 26, 2016) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

CapGain Properties Inc. ("CapGain" or "Company") (TSX VENTURE:CPP) announces that its board of directors has resolved to change the Company's fiscal year end from September 30 to December 31, effective immediately. The change will help to facilitate efficiencies in the administration, accounting, and production of the annual audited financial statements.

For any additional information regarding the change see the Notice of Change of Fiscal Year End filed by the Company on SEDAR pursuant to National Instrument 51-102.

About CapGain

CapGain is an investment company with a forward moving focus on income producing assets.

Additional information on the operations or financial results of CapGain is included in reports on file with applicable securities regulatory authorities and may be accessed through the TMX website (www.tmx.com) and the SEDAR website (www.sedar.com) under the profile for CapGain.

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.

Forward-Looking Statements, if any

This press release may contain forward-looking statements within the meaning of applicable legislation. All statements included in this report and the documents that we incorporate by reference, are forward-looking statements and can generally be identified by words such as "will," "allow," "outlook," or the negative of these terms, and other comparable terminology.

Various risks and other factors could cause actual results, and actual events that occur, to differ materially from those contemplated by the forward looking statements, such as whether CapGain is able to meet price, performance, quality and delivery requirements. Although CapGain believes that the expectations represented by any forward-looking statements and forward-looking information contained herein are reasonable based on the information available to them on the date of this document, management cannot assure investors that actual results, performance or achievements will be consistent with these forward-looking statements or forward-looking information. CapGain undertakes no obligation to update the information in this press release to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events.

Contact Information:

Michael Loprieno
Chief Financial Officer
CapGain Properties Inc.
(847) 854-4213
mloprieno@capgain.ca