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Stock Index: TSXV:WFG Price: $ 0.04

Waterfront Capital Closes Non-Brokered Private Placement and Debenture Financings

West Vancouver, British Columbia – January 20, 2014 – Further to the Company’s news release of November 20, 2013, Waterfront Capital Corporation (the “Company” or “Waterfront Capital”) is pleased to announce that the Company has closed its non-brokered private placement (the “Private Placement”) and its convertible debenture financing (the “Debenture Financing”) and has raised an aggregate of $625,000. In connection with the Private Placement, the Company has raised $25,000 by the issuance of 250,000 units (the “Units”) at $0.10 per Unit. Each Unit consists of one common share and one share purchase warrant, with each warrant entitling the holder to purchase an additional common share for a period of two years at an exercise price of $0.20. With regard to the Debenture Financing, the Company has raised $600,000 through the issuance of one Debenture to Resource Income Partners Limited Partnership, part of the Sprott Group of Companies. The Debenture pays an interest rate of 12% per annum and is convertible into common shares at $0.25 per share. The Debenture is also convertible into preferred shares (at the same conversion rate of $0.25 per share) and such preferred shares will have a cumulative dividend of 12% per annum. Waterfront Capital does not currently have such preferred shares within its share capital, however, the Company will seek any required shareholder and/or regulatory approvals to create and authorize a class of preferred shares to facilitate the Debenture Financing. All of the securities issued pursuant to the Private Placement and the Debenture Financing are subject to a hold period expiring on May 18, 2014.

The Company intends to use the proceeds from the Private Placement and Debenture financings to expand its business and capital markets advisory services and for general working capital purposes.

For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922-2030 or visit the Company’s website at


“Douglas L. Mason”
Douglas L. Mason, Chief Executive Officer

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

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