2010-09-02 23:26:26 -

TORONTO, ONTARIO -- (Marketwire) -- 09/02/10 -- Match Capital Resources Corporation (TSX VENTURE: MHC.H) ("Match"), today announced that it has completed its previously announced non-brokered private placement (the "Private Placement") to raise gross proceeds of $500,000.00 through the sale of 5,000,000 units ("Units") at a price of $0.10 per Unit. Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant (each whole warrant a "Warrant"). Each whole Warrant will be exercisable to acquire one additional common share of the Company at any time for a one year period following issuance, at an exercise price of $0.25 per share. All securities issued under the Private Placement are subject to a four month hold period.





The proceeds of the financing will be used to carrying exploration and development work in the Schefferville/Labrador Trough area of Quebec in three sections comprising over 2,000 hectares, known as the Indian Lake Property and for general working capital purposes under an Option Agreement in collaboration with Western Troy Capital Resources Inc. previously announced on July 26, 2010.



Forward Looking Statements



This Company Press Release may contain certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.



Neither 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.




Contacts:
Match Capital Resources Corporation
Stanley Mourin
Chairman
(416) 922-5111
smourin@fundamentalcapitalcorp.com :