Ketchum Capital Corporation Announces Completion of Initial Public Offering

    CALGARY, Jan. 31 /CNW/ - Ketchum Capital Corporation ("Ketchum") is
pleased to announce that it has successfully completed its initial public
offering through Research Capital Corporation of 4,000,000 common shares at a
price of $0.20 per share for aggregate gross proceeds of $800,000. Ketchum has
received conditional listing approval for its common shares on the TSX Venture
Exchange Inc. and expects that trading will commence shortly under the symbol

    Ketchum is a capital pool company governed by the policies of the TSX
Venture Exchange. Ketchum's principal business is the identification and
evaluation of assets or businesses with a view to completing a Qualifying

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

For further information:

For further information: Mr. Allen Lone, President, Chief Executive
Officer and Chief Financial Officer, Ketchum Capital Corporation, Marcon
International Inc., 115, 2455 Cawthra Road, Mississauga, ON, L5A 3P1,
Telephone: (905) 275-7570, Facsimile: (905) 275-0882

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