Colt Resources Inc.

Colt Resources Inc.

July 13, 2007 12:47 ET

Colt Capital Corp.: Name Change and Consolidation Effective as of July 18, 2007

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 13, 2007) - COLT CAPITAL CORP. (the "Company") (CNQ:COLT) wishes to announce that on July 18, 2007 its name will be changed from Colt Capital Corp. to COLT RESOURCES INC., and its common shares will be consolidated on the basis of five (5) old common shares for one (1) new common share.

Effective July 18, 2007, the shares of Colt Resources Inc. will commence trading, on a consolidated basis, under the trading symbol "COLT". The cusip number for Colt Resources Inc. is 196874101.

The CNQ will be issuing its bulletin on the matter in due course.

For more information on the Company, please contact us at (604) 681-1519 ext 6106, or visit our Website at

Colt Capital Corp.

Bedo H. Kalpakian, Chairman and CFO

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement in this release containing words such as "believes", "anticipates", "plans", "expects" or "intends" and other statements that are not historical facts are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in those forward-looking statements.

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