News

VANCOUVER, BC – September 28, 2015 - INCA ONE GOLD CORP. (TSX-V: IO) ("Inca One" or the "Company”) is pleased to announce that it has retained Jett Capital Advisors LLC (“Jett”) as the Company’s exclusive financial advisor and placement agent. Jett will assist in raising, on a best effort basis, up to USD $20 million in debt facilities. The purpose of the raise is for the expansion of the Company’s operations in Peru, up to a total of 500 tonnes per day capacity and the related inventory build-up.  The expansion is expected to take the form of additional capacity in the Chala area as well as the potential acquisition of additional processing plants and/or operating entities based in other areas throughout Peru.

Edward Kelly, President and Chief Executive Officer, stated: "We are pleased to work together with Jett Capital Advisors, one of the premier groups in the resource financing sector.  We are also pleased with our work and efforts at our Chala One plant.  Our staff in Peru have demonstrated the highest degree of professional capability during the expansion, start up, and since the commencement of commercial production of Chala One. We now have the experience and capability to expand and deploy significant capital in a methodical manner in the mineral processing industry in Peru, and provide growth for our shareholders.”

Sam Grauer, a partner at Jett, stated: “We have been looking for an opportunity to be involved in financing for the mineral processing sector in Peru for some time.  After becoming familiar with the Inca One team in Vancouver and their experienced technical staff in Peru, we are excited to work with Inca One to fund its expansion and growth.”  Terms of the engagement include a one-time payment of CAD $75,000, for the services of Jett as the Company’s financial advisor, to be settled for 500,000 Inca One shares at a price of $0.15 per share, which is subject to the approval of the TSX Venture Exchange.

About Inca One

Inca One is a Canadian-based mineral processing company with a gold milling facility in Peru, servicing government-permitted, small-scale miners. As part of the terms of the original purchase agreement for the Chala, Peru processing facility, Inca One has an agreement between its wholly owned subsidiary, Chala One SAC, and the seller and initial permit applicant, to operate under the umbrella of formalization until the successful completion of all the environmental and operating permits. Peru, a highly mineral-rich country, is one of the world's top producers of gold, silver, copper and zinc, with substantial production coming from small scale miners who need government permitted milling facilities to process their mineral (such as the Company's Chala Plant).

About Jett Capital Advisors LLC

Jett Capital Advisors, LLC, is a limited liability company formed under the laws of Delaware (“Jett”), having its main place of business in New York, NY, is a broker-dealer registered with the Securities and Exchange Commission and a member firm of the Financial Industry Regulatory Authority. At Jett Capital, our core business lies in the mining, energy and technology sectors where our investment banking and capital markets teams strive to provide unique, value-add solutions and opportunities tailored for each individual client. Through our deep relationships and comprehensive understanding of our clients' needs, Jett Capital delivers innovative and insightful ideas to help our clients grow in an ever changing and complex environment.

On behalf of the Board,

Edward Kelly
President & CEO

INCA ONE GOLD CORP.

For More Information Contact:

Konstantine Tsakumis
INCA ONE GOLD CORP.
Email: irincagold@incaone.com
Telephone:  (604) 568-4877

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 NEWS RELEASE.

Statements regarding the Company which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements due to factors such as: (i) fluctuation of mineral prices; (ii) a change in market conditions; and (iii) the fact that the Company has limited operating experience with its Chala plant and future operational results may not be accurately predicted based on this limited information to date. Except as required by law, the Company does not intend to update any changes to such statements. Inca One believes the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included herein should not be unduly relied upon.

This news release deals only with the Company's Chala plant, which is an industrial project. This presentation does not deal at all with the Company's sole mineral exploration property, the Corizona property. Investors should note that no resource has been established on the Corizona property and all of the material currently being processed at the Chala plant is received from local small-scale mining operations.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state.