SUB Capital Appoints Thomas Henricksen as Director

SUB Capital Inc. (TSX VENTURE:SUB) ("SUB Capital" or "the Company") is pleased
to announce the appointment of Mr. Thomas Henricksen as a Director of the
Company effective immediately.


Mr. Henricksen, PhD, brings over 35 years of experience to the company in the
mineral exploration industry, which includes over 20 years with Bear Creek
Mining, Kennecott Exploration and Rio Tinto Exploration. During his tenure at
Rio Tinto, he successfully discovered significant borate deposits in southern
Bolivia, and acquired the Ollachea and Corani precious metal projects in Peru.
In 2005, he recommended to Centenario Copper the acquisition of the Pelusa
copper project in Chile, part of the Franke Copper Project, acquired and
currently in production by Quadra Mining. Mr. Henricksen also served as Chief
Geologist of Norsemont Mining Inc., where he initiated and managed the
exploration of the Constancia copper porphyry deposit. Currently, Mr. Henricksen
is Chief Geologist for AQM Copper in Peru, responsible for the initial
exploration at Zafranal, a 50/50 Joint Venture with Teck Resources Ltd.


Mr. Henricksen holds a BSc. in Geology from the University of Wisconsin-Oshkosh
and a PhD in Economic Geology from Oregon State University.


"We are very excited to attract someone of Tom's caliber to our team," says
Edward Kelly, President and CEO. "Mr. Henricksen has a proven track record of
identifying, developing and steering projects into feasibility. His extensive
mining experience is an asset that will help propel the Company's future
growth."


On behalf of the Board of Directors,

SUB Capital Inc.

Edward Kelly, President and CEO