Oakham Announces Qualifying Transaction

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 28, 2015) - Oakham Capital Corp. (NEX:OKM.H) ("Oakham" or the "Company") announces that it has entered into a mineral property purchase and sale agreement with each of 9019-5504 Quebec Inc. and Raymond Wladichuk (collectively the "Vendors") dated January 28, 2015 pursuant to which the Company will purchase all of the Vendors' interests in those 13 mining claims located in the Province of Québec known as the Frederikson Properties (the "Transaction").

Oakham is a "capital pool company" under the policies of the TSX Venture Exchange (the "Exchange"), trading on the NEX board of the Exchange (since July 31, 2013). The Transaction is intended to serve as Oakham's "qualifying transaction" in accordance with Exchange Policy 2.4. The Transaction is an arm's length transaction and, as such, will not be subject to Oakham receiving shareholder approval. Upon completion of the Transaction, Oakham will be listed as a Tier 2 Mining Issuer on the Exchange.

The Frederikson Property (or the "Property")

The Frederikson Property is located in the Labrador Trough, Quebec, Canada. The Property consists of 13 contiguous claims totaling 642.1 hectares located 42 kilometers northeast of Schefferville (Quebec).

The Property hosts the polymetallic sediment-hosted Cu-Zn-Pb-Ag-Au Frederickson Lake NW occurrence which has historical estimates of 279 400 tons grading 0.77% copper, 4.38% zinc, 42.17 g/t silver and 0.69 g/t gold, and which has potential for resources expansion. No qualified person has done sufficient work to classify the historical estimate as a current mineral resource or mineral reserve; and the Company is not treating the historical estimate as current mineral resources or mineral reserves. The historic estimates are based on an official communication between Labrador Mining and Exploration Ltd, and Ministère des Ressources Naturelles du Québec dated October 1977. The potential quantity and grade is conceptual in nature, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.