TORONTO, ONTARIO--(Marketwire - Sept. 17, 2012) -

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR THROUGH U.S. NEWSWIRE SERVICES

Konstantine Resources Inc. ("Konstantine"), a private company located at 197 Main Street P.O. Box 3174 Road Town, Tortola British Virgin Islands, acquired direct ownership of 10,000,000 common shares ("Common Shares") of Zoolander Corporation ("Zoolander") pursuant to share purchase agreements with two existing shareholders of Zoolander (the "Share Purchases"). The Common Shares acquired pursuant to the Share Purchases were purchased for cash at a price of $0.15 per Common Share.

After giving effect to the Share Purchases, Konstantine directly holds approximately 50.01% of the outstanding Common Shares. On a partially diluted basis, Konstantine would directly hold approximately 61.55% of the then outstanding Common Shares. The percentage of issued and outstanding Common Shares held by Konstantine on a diluted basis as set out above has been calculated on a partially diluted basis, reflecting the exercise of 15,000,000 warrants held by Konstantine which are exercisable to acquire an equal number of Common Shares and no other increases in the issued and outstanding Common Shares.

For purposes of calculating the percentage of Common Shares owned by Konstantine, Konstantine has assumed that there were 49,987,500 Common Shares outstanding, based on the material change report issued by Zoolander announcing the closing of a private placement on September 4, 2012.

Konstantine acquired the Common Shares for investment purposes. Either Konstantine or any joint actors may from time to time acquire ownership of, or control over, additional securities of Zoolander, dispose of some or all of the existing or additional securities of Zoolander that either Konstantine or any joint actors owns or controls, or may continue to own or continue to own or control the current position.