Pacific Orient Announces Transfer to NEX and Provides Update on Proposed Qualifying Transaction With Focus Gold Corporation

Pacific Orient Capital Inc. ("Pacific Orient") (TSX VENTURE:AAQ.P), a capital
pool company as defined under Policy 2.4 of the TSX Venture Exchange (the
"Exchange"), announces that pursuant to its press release dated April 4, 2012,
Pacific Orient has received approval from the Exchange to transfer to the NEX
board of the Exchange effective the opening of market on July 3, 2012. The
common shares of Pacific Orient (the "POC Shares") continue to be suspended,
pending completion of its proposed transaction (the "Qualifying Transaction")
with Focus Gold Corporation ("Focus Gold"), previously announced on February 29,
2012 and March 29, 2012. As part of the transfer to the NEX, 500,000 POC Shares
that were issued to Non-Arms Length Parties (as such term is defined by the
Exchange) of Pacific Orient (subsequently transferred to the current management
of Pacific Orient) at a price below the initial public offering price of the POC
Shares were cancelled. It is expected that upon completion of the Qualifying
Transaction, the POC Shares will commence trading on the Exchange again.


Update on the Qualifying Transaction

Pacific Orient and Focus Gold remain committed to completing the Qualifying
Transaction as soon as practicable and are diligently working on fulfilling all
necessary requirements and conditions to the completion of the Qualifying
Transaction, including, without limitation, completing the previously announced
offering of subscription receipts and obtaining Exchange conditional approval.


Completion of the transaction is subject to a number of conditions, including
but not limited to, Exchange acceptance and if applicable pursuant to Exchange
Requirements, majority of the minority shareholder approval. Where applicable,
the transaction cannot close until the required shareholder approval is
obtained. There can be no assurance that the transaction will be completed as
proposed or at all.


Investors are cautioned that, except as disclosed in the management information
circular or filing statement to be prepared in connection with the transaction,
any information released or received with respect to the transaction may not be
accurate or complete and should not be relied upon. Trading in the securities of
a capital pool company should be considered highly speculative.


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.


The information in this news release includes certain information and statements
about management's view of future events, expectations, plans and prospects that
constitute forward looking statements. These statements are based upon
assumptions that are subject to significant risks and uncertainties. Because of
these risks and uncertainties and as a result of a variety of factors, the
actual results, expectations, achievements or performance may differ materially
from those anticipated and indicated by these forward looking statements.
Although Pacific Orient believes that the expectations reflected in forward
looking statements are reasonable, it can give no assurances that the
expectations of any forward looking statements will prove to be correct. Except
as required by law, Pacific Orient disclaims any intention and assumes no
obligation to update or revise any forward looking statements to reflect actual
results, whether as a result of new information, future events, changes in
assumptions, changes in factors affecting such forward looking statements or
otherwise.