PCI-1 CAPITAL CORP. FILES FILING STATEMENT

/Not for dissemination in the United States of America/

Trading Symbol: ICC.P TSX-V

VANCOUVER, Nov. 18 /CNW/ - PCI-1 Capital Corp. (the "Corporation"), a capital pool company announces the filing on SEDAR of its Filing Statement in relation to the Corporation's proposed "Qualifying Transaction" with Curis Resources Ltd ("Curis") pursuant to the policies of the TSX Venture Exchange Inc. The Corporation expects to close the proposed Qualifying Transaction on or about November 23, 2010.

The filing statement is available on SEDAR at www.sedar.com.  In connection with the closing of the Qualifying Transaction, Curis will close a private placement of $30,000,000 at a price per share equal to $2.00.  On closing of the Qualifying Transaction, the private placement shares will be exchanged for common shares of the Corporation on a one for one basis.  The private placement is scheduled to close immediately prior to the Qualifying Transaction.

The shares of the resulting issuer are expected to resume trading on or about November 26, 2010, subject to the issuance of an Exchange Bulletin.

This press release is not an offer of securities for sale or the solicitation of an offer to buy securities in the United States or Canada.  Securities may not be offered in the United States.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

Neither the TSX Venture Exchange nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. The Corporation undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Corporation.

For further information:

Mr. Michael Bester
Telephone:  [phone]
Email: [email protected]

or for Curis Resources Ltd. please contact:

Susie Bell, Manager Investor Relations
Hunter Dickinson Inc.
Telephone:  [phone]
Toll Free: 1-800 667-2114
Email: [email protected]