U.S. Markets open in 9 hrs 10 mins

Routemaster Provides Corporate Update

TORONTO, ONTARIO--(Marketwired - Feb 23, 2017) - Routemaster Capital Inc. (TSX VENTURE:RM) ("Routemaster" or the "Company") announces the resignation of Julian Bharti from the board of directors of the Company, effective immediately.

Routemaster would like to thank Mr. Bharti for his contributions to the Company and wish him well in his future endeavours.

About Routemaster Capital Inc.:

Routemaster Capital Inc. is a Canadian investment company that carries on business with the objective of enhancing shareholder value.

FORWARD-LOOKING STATEMENTS: This news release contains certain forward-looking statements, including statements regarding the impact of changes to the Company's board of directors and the Company's operations. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf, except as required by applicable law.

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.