Galaxy Capital Corp. Changes Name to Galaxy Graphite Corp.

Galaxy-CapitalJune 6, 2012 (Source: Marketwire) - Galaxy Capital Corp. (TSX VENTURE:GXY) (the "Company" or "Galaxy") is pleased to announce that shareholders at the Company's Annual General Meeting held on May 24, 2012 passed a resolution authorizing the Company to change its name to Galaxy Graphite Corp.

An application has been made to the TSX-V for their consent to the change of name. The Company's shares will commence trading under the new name on a date to be coordinated with the Exchange. The stock symbol will remain "GXY".

ON BEHALF OF THE BOARD

Chris M. Healey, President and CEO

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Neither 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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