Mammoth Capital Corporation Completes Initial Public Offering as a Capital Pool Company

VANCOUVER, BRITISH COLUMBIA (TSX VENTURE: XXL.P), a capital pool company, is pleased to announce that on March 25, 2008, it successfully completed its initial public offering (the "IPO") of 3,500,000 common shares in the capital of the Company at a price of $0.10 per common share for gross proceeds of $350,000 (the "Proceeds").

Leede Financial Markets Inc. acted as agent (the "Agent") for the IPO. The Company has paid the Agent a cash commission of $28,000 equal to 8% of the Proceeds and granted a non-transferable option (the "Agent's Option") to purchase 350,000 common shares of the Company equal to 10% of the number of common shares sold through the IPO. The Agent's Option is exercisable for a period of 24 months at a price of $0.10 per common share.

The Company is a capital pool company ("CPC") within the meaning of the policies of the TSX Venture Exchange (the "Exchange"). The Company has not commenced operations and has no assets other than cash.

The Company will use the net proceeds of the IPO to identify and evaluate potential Qualifying Transactions under the CPC polices of the Exchange.

The Company expects its common shares will begin trading on the Exchange on Monday March 31, 2008 under the trading symbol "XXL.P".

On behalf of the board of directors of MAMMOTH CAPITAL CORPORATION

Brad Kitchen, Secretary

The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for the accuracy or adequacy of this release.

Contacts: Mammoth Capital Corporation Mike Marrandino [phone] [phone] (FAX)