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WHITE PLAINS, N.Y. & TORONTO--([ BUSINESS WIRE ])--Counsel RB Capital Inc. (OTCBB: CRBN) (the aCompanya), a leader in distressed and surplus capital asset transactions, today announced two upcoming auctions of the remaining surplus capital and manufacturing assets of Mountain City Meat, a former top company in the meat processing industry. Counsel RB, acting as one of three principals together with Harry Davis & Company and BidItUp, acquired these assets following recent bankruptcy proceedings.

Counsel RB Co-CEO Adam Reich stated, aWe expect our positive momentum to continue in early 2012 with sales at auctions resulting from this recent high-profile bankruptcy. Together with auction house partner Harry Davis & Company and BidItUp, we will be selling Mountain City Meatas state-of-the-industry production and IS systems in Nashville, TN (1/18) and Denver, CO (1/25). We anticipate very strong demand at both auctions a" which will feature in-person and worldwide on-line bidding via a live webcast.a

Mountain City Meat (Modern and Efficient Meat Operations and Processing)

Live On-Site and Webcast Global Auction details:

• Key assets: State-of-the-industry production and IS systems for both ground beef and steak processing; core drill sampler and foss food scan analyzer, etc.; further details available at [ www.harrydavis.com ]
• In-person Auction registration: January 18, 2012 in Nashville, TN and January 25, 2012 in Denver, CO
• Online registration: via [ www.bidspotter.com ]
• Contact: Harry Davis & Company +1 (412) 765-1170

About Counsel RB Capital ([ www.counselrb.com ])

Counsel RB Capital Inc. (CRBN) is a value-driven, innovative leader in distressed and surplus capital asset transactions. The Company focuses on identifying, acquiring and monetizing distressed and surplus capital assets. It specializes in acquiring turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, accounts receivable portfolios and related intellectual property.

Forward-Looking Statements

The statements made in this release that are not historical facts contain forward-looking information that involves risks and uncertainties. All statements, other than statements of historical facts, which address the Company's expectations, should be considered as forward-looking statements. Such statements are based on knowledge of the environment in which the Company currently operates, but because of the factors listed herein, as well as other factors beyond the Company's control, actual results may differ materially from the expectations expressed in the forward-looking statements. Important factors that may cause actual results to differ from anticipated results include, but are not limited to, obtaining necessary approvals and other risks detailed from time to time in the Company's securities and other regulatory filings.