Almo Capital Corp. - Drilling starts on Moore Property, Kamloops Mining Div., B.C.



    VANCOUVER, July 15 /CNW/ - Further to the News Release in the quarterly
Financial Report of June 23rd 2008, we are pleased to announce that the
preparation for the diamond drilling is in progress and the driller is on the
site. A firm drilling contract has been signed with the driller for minimum of
ten holes in the first stage. Out of 32 drill holes nine sites have already
been located by a consulting Geophysicist. The actual drilling will commence
shortly. As soon as drilling results start coming share holders will be kept
informed.

    'Ram Vallabh'
    President
    Almo Capital Corp.

    Disclaimer: The TSX Venture Exchange has neither reviewed nor accepts
    responsibility for the adequacy of this release.

    %SEDAR: 00013742E




For further information:

For further information: Ram Vallabh, President, Almo Capital Corp., Fax
(604) 681-3601, Phone (604) 873-8168

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ALMO CAPITAL CORP.

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