Fuller Capital Corp. (TSX VENTURE:FUL.P) (the "Company") today announces that it
has revised the terms of the private placement financing (the "Financing") that
it previously announced on April 17, 2012 and August 30, 2012. The revised terms
of the financing provide for the issuance of a minimum of 17,647,059
subscription receipts (each, a "Subscription Receipt") at a price of $0.17 per
Subscription Receipt for minimum gross proceeds of $3,000,000. Each of the
Subscription Receipts will automatically be exercised into one common share of
the Company for no additional consideration upon issuance of the Final Exchange
Bulletin (as defined in the policies of the TSX Venture Exchange (the
"Exchange") with respect to the Company's proposed acquisition of 2244182
Ontario Inc., which is intended to constitute the Company's Qualifying
Transaction (as defined in the policies of the Exchange) (the "Transaction").
The Company has also determined to extend the deadline for the receipt of the
Final Exchange Bulletin and the conversion of the Subscription Receipts to
January 14, 2013. In the event that the Final Exchange Bulletin has not been
received by such date, the proceeds from the sale of the Subscription Receipts
will be returned to the subscribers. The Company expects to close the Financing
on or about November 9, 2012.


Completion of the Transaction is subject to a number of conditions, including
but not limited to, Exchange acceptance and if applicable pursuant to Exchange
Requirement, majority of the minority shareholder approval. Where applicable,
the Transaction cannot close until the required shareholder approval is
obtained. There can be no assurance that the Transaction will be completed as
proposed or at all. 


Investors are cautioned that, except as disclosed in the management information
circular or filing statement to be prepared in connection with the Transaction,
any information released or received with respect to the Transaction may not be
accurate or complete and should not be relied upon. Trading in the securities of
a capital pool company should be considered highly speculative. The Exchange has
in no way passed on the merits of the proposed Transaction and has neither
approved nor disapproved the contents of this press release.


ON BEHALF OF THE BOARD

FULLER CAPITAL CORP.

David Patterson, Chief Executive Officer

Forward-Looking Information

Certain statements contained in this press release constitute forward-looking
information. These statements relate to future events or future performance. The
use of any of the words "could", "intend", "expect", "believe", "will",
"projected", "estimated" and similar expressions and statements relating to
matters that are not historical facts are intended to identify forward-looking
information and are based on the Company's current belief or assumptions as to
the outcome and timing of such future events. Actual future results may differ
materially. In particular, this release contains forward-looking information
relating to the intention of the parties to complete the Financing and the
Transaction. Various assumptions or factors are typically applied in drawing
conclusions or making the forecasts or projections set out in forward-looking
information. Those assumptions and factors are based on information currently
available to the Company. The material factors and assumptions include the
parties to the proposed Transaction being able to obtain the necessary director,
shareholder and regulatory approvals; Exchange policies not changing; and
completion of satisfactory due diligence. Risk factors that could cause actual
results or outcomes to differ materially from the results expressed or implied
by forward-looking information include, among other things: conditions imposed
by the Exchange, the failure to obtain the required approval for the
Transaction; changes in tax laws, general economic and business conditions; and
changes in the regulatory regime. The Company cautions the reader that the above
list of risk factors is not exhaustive. The forward-looking information
contained in this release is made as of the date hereof and the Company is not
obligated to update or revise any forward-looking information, whether as a
result of new information, future events or otherwise, except as required by
applicable securities laws. Because of the risks, uncertainties and assumptions
contained herein, investors should not place undue reliance on forward-looking
information. The foregoing statements expressly qualify any forward-looking
information contained herein.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Fuller Capital Corp.
David Patterson
Chief Executive Officer
604.683.0564
604.602.9311 (FAX)

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