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Damon Capital Corp.: Change of Auditor

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/24/12 — Damon Capital Corp. (TSX VENTURE: DAM.P) announces that it changed auditors from Fernandez Young LLP, Certified General Accountants, to Davidson and Company LLP, Chartered Accountants, effective August 9, 2012. The Company is unaware of any unresolved issues outstanding with its former auditors.

ON BEHALF OF THE BOARD

Joe DeVries, Director

Neither the 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:
Damon Capital Corp.
Joe DeVries
Director
(604) 718-2800
(604) 718-2808 (FAX)

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