CPP

CapGain Properties Inc. ("CapGain" or the "Company") (TSX VENTURE:CPP) announces
that it has proposed a consolidation of the common shares of the Company (the
"Common Shares").


The share consolidation proposal would authorize the board of directors of the
Company to consolidate the Common Shares up to a ten (10) pre-consolidation
shares for one (1) post-consolidation share basis (the "Consolidation"). There
will be no name change in conjunction with the Consolidation. 


Management and the board of directors believe that approval for the
Consolidation is in the best interests of the Company and its shareholders.
Management believes that a successful completion of the Consolidation would
allow the Company important flexibility to amend its capital structure and is
imperative in order for the Company to complete future financings. The
Consolidation will not change a shareholder's proportionate ownership in the
Company or the rights of holders of Common Shares. Each Common Share outstanding
after the Consolidation will be entitled to one vote and will be fully paid and
non-assessable. 


Under the terms of the proposed Consolidation, no fractional Common Share will
be issued as a result of the Consolidation, and shareholders entitled to receive
less than one (1) Common Share will receive a cash payment. Shareholders
receiving more than one (1) Common Share as a result of the Consolidation will
receive such whole Common Share and any fractional shares will be rounded up or
down to the nearest whole number. Such shareholders will not receive a cash
payment. There are currently approximately 48,104,837 Common Shares issued and
outstanding. 


The Consolidation is subject to approval by the TSX Venture Exchange and the
shareholders of the Company. A special shareholders' meeting has been called for
June 27, 2013 to consider the Consolidation. 


About CapGain

CapGain is an investment company that is focused on the acquisition of income
producing real property in select markets in the United States. The Company's
management and expertise within the real estate and finance industries allow it
to acquire properties at significantly below market value. 


Additional information on CapGain 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

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CapGain Properties Inc.
Brian Knight
Chief Executive Officer
(847) 854-4213
bknight@capgain.ca

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