UNT.P

Unite Capital Corp. (the "Company") (TSX VENTURE:UNT.P) is pleased to announce
that it has completed its initial public offering, led by Canaccord Genuity
Corp. as agent (the "Agent"), of 2,023,000 common shares of the Company at a
price of $0.10 per common share for total gross proceeds of $202,300 pursuant to
an amended & restated prospectus dated December 28, 2011 filed with the British
Columbia, Alberta and Ontario Securities Commissions (the "Offering").


The Company has received final acceptance to be listed as a capital pool company
on the TSX Venture Exchange (the "TSXV"). The common shares of the Company will
commence trading on Tier 2 of the TSXV at the opening of markets on March 16,
2012 under the trading symbol "UNT.P". 


As consideration for its role as Agent, the Company granted to the Agent and its
selling group members non-transferable warrants (the "Agent's Warrants") to
purchase up to 198,000 common shares of the Company at a price of $0.10 per
common share for a period of 24 months from closing. In addition, the Agent
received a cash commission in the amount of $19,800, an administration fee and
reimbursement of certain expenses. 


Upon closing of the Offering, the Company also granted 532,300 incentive stock
options to its directors and officers which are exercisable for a period of five
years from closing at an exercise price of $0.10 per share. 


Following completion of the Offering, the Company now has 5,323,000 common
shares outstanding (3,300,000 of which are subject to escrow restrictions in
accordance with TSXV policies), 198,000 common shares reserved for issuance upon
the exercise of the Agent's Warrants, and 532,300 common shares reserved for
issuance upon the exercise of incentive stock options. 


The Company's board of directors and management team is comprised of: Paul
Marsiglio (President, Chief Executive Officer and a Director), James Phillipson
(Chief Financial Officer, Secretary and a Director), David Stafford Johnson
(Director), Licinio Miguelo (Director), Philip Droznika (Director), Martin C.
Bernholtz (Director) and Michael Pesner (Director). 


About the Company 

The Company is designated as a Capital Pool Company by the TSXV. The Company has
not commenced commercial operations and has no assets other than cash. The only
business of the Company is the identification and evaluation of assets or
businesses with a view to completing a "Qualifying Transaction" in accordance
with TSXV Policy 2.4 - Capital Pool Companies. The funds raised under the
initial public offering will be used to pursue such Qualifying Transaction. For
further information regarding the Company, the offering, and the Company's
management team, see the prospectus filed with the Company's disclosure
documents on SEDAR at www.sedar.com.

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