OneCap Investment Corporation announces change of fiscal year end

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/

MONTREAL, Oct. 9, 2014 /CNW Telbec/ - OneCap Investment Corporation (TSXV: OIC.P) ("OneCap"), a capital pool company as defined under Policy 2.4 – Capital Pool Companies of the TSX Venture Exchange (the "TSXV"), announces a change in its fiscal year end from September 30 to December 31 with effect for the fiscal year ending December 31, 2014. The Board of Directors anticipates an acquisition with an operating entity that has a December 31 year-end. OneCap's annual financial reporting disclosures for the fifteen months ended December 31, 2014 will be due by April 30, 2015.

About OneCap:

OneCap, a Capital Pool Corporation within the meaning of the policies of the TSXV, was incorporated under the Canada Business Corporations Act on April 20, 2012. OneCap completed its initial public offering on August 31, 2012, and began trading on the Exchange on September 12, 2012. OneCap does not have any operations and has no assets other than cash. OneCap's business is to identify and evaluate businesses and acquisitions with a view to completing a qualifying transaction under the policies of the Exchange.

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.

SOURCE: OneCap Investment Corporation

Pierre Setlakwe, President, Chief Executive Officer and Director, Telephone: [phone]