eSight Corporation Terminates Proposed Qualifying Transaction

(via Thenewswire.ca)

TheNewswire / November 26, 2015 / Damon Capital Corp. (NEX Symbol: DAM.H) ("Damon") reports that, further to its news releases dated July 20 and 22, 2015 announcing its proposed business combination with eSight Corporation ("eSight") intended to constitute Damon's qualifying transaction, Damon received notice from eSight of termination of the arrangement agreement between the parties dated July 17, 2015, as amended (the "Arrangement Agreement"), so that eSight could pursue an alternative transaction.

In accordance with the terms of the Arrangement Agreement, eSight paid Damon the termination payment of $150,000, which was required within five (5) business days of the date of termination.

Damon will make every effort to pursue an alternative qualifying transaction.

(.a)About Damon Capital Corp.

Damon is a capital pool company governed by Exchange policies. Damon's principal business is the identification and evaluation of assets or businesses with a view to completing a qualifying transaction within the meaning of Exchange policies.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

ON BEHALF OF THE BOARD

SIGNED "Joe DeVries"

Joe DeVries, Director
Contact: (604) 336-8619

(.c)Forward Looking Statements:

This press release contains certain forward-looking information within the meaning of Canadian securities legislation and forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or future performance and reflect the expectations or believes regarding future events. This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this press release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, payment of the termination payment by eSight. These forward-looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. Important factors that may cause actual results to vary include without limitation, the timing of receipt of the termination payment. In making the forward-looking statements in this press release, Damon has assumed that the termination payment will be received in full and within the deadline set out in the Arrangement Agreement. Damon does not assume any obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements, unless and until required by applicable securities laws.

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.

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