Georgetown Capital Corp. Announces Changes to the Company's Board of Directors and Management

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2012) - Georgetown Capital Corp. (GET.V) ("Georgetown" or the "Company") announces changes to the Company's directors and management.

Effective May 9, 2012, Shawn Wallace resigned as a director of the Company as a result of limits set by proxy advisors on the number of boards an executive of a company can sit on. Mr. Wallace will continue to serve as Chairman playing a key role in the Company's strategic direction.

At the same time as Mr. Wallace's resignation, Jim Greig, the Company's former Chief Financial Officer, joined the board on an interim basis. Effective September 7, 2012, Jim Greig resigned from the Board of Directors and as the Company's Chief Financial Officer to pursue other opportunities.

Replacing Mr. Wallace as a director, the Company is pleased to announce the appointment of Greg McCunn. Mr. McCunn is a mining executive with more than 20 years experience in the mining industry and is currently the Chief Financial Officer of Keegan Resources.

Replacing Mr. Greig as Chief Financial Officer is Peter Rees, CA. Mr. Rees has worked with Canadian and United States publically listed mining companies for the past ten years.

Georgetown's board of directors will now comprise of Tony Ricci, Ivan Bebek, Dan McCoy and Greg McCunn.

The board of directors would like to thank Jim Greig for his service to the Company and welcome Greg McCunn and Peter Rees.

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.