Minfocus Exploration Corp. Announces TSX Venture Exchange Approval and Listing

Vancouver, British Columbia--(Newsfile Corp. - January 24, 2012) - Minfocus Exploration Corp. (TSXV: PBK.P) (TSXV: MFX) (the "Company"), formerly Pembroke Capital Corp., a capital pool company, is pleased to announce that the TSX Venture Exchange (the "Exchange") has confirmed its approval of the Company's acquisition of all the issued and outstanding shares of Minfocus International Inc. ("Minfocus") and related transactions (the "Transaction). The Transaction constitutes the Company's "Qualifying Transaction" under the policies of the Exchange and the Company will carry on the business of Minfocus.

On November 18, 2011, the Exchange issued its conditional approval of the Transaction. The Company has now received confirmation from the Exchange that the conditions for listing have been satisfied, and the Exchange issued its Final Exchange Bulletin on January 24, 2012 confirming the completion of the Transaction. Accordingly, the Company's common shares will resume trading on the Exchange on January 25, 2012 under the ticker symbol "MFX".

The Company's Filing Statement dated October 31, 2011 describes the business of Minfocus and the Company and is available on SEDAR at www.sedar.com.

For further information please contact:

Gerald Harper
President & Chief Executive Officer
Phone: (416) 232-0025

THE TSX VENTURE EXCHANGE HAS IN NO WAY PASSED UPON THE MERITS OF THE TRANSACTION AND HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE.  Neither the 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.