Courtland Capital Inc.

March 28, 2011 17:25 ET

Courtland Capital Inc. Announces the Completion of Shares for Debt Transaction

CALGARY, ALBERTA--(Marketwire - March 28, 2011) - Courtland Capital Inc. (TSX VENTURE:CTD.H) (the "Company"), formerly Forcelogix Technologies Inc., announces that further to the Company's news release of February 25, 2011 that it has completed the Shares for Debt transaction. The Company has issued an aggregate of 33,651,100 at deemed price of $0.05 per share to unsecured creditors to settle $1,678,055 of debt.

Further to the TSXV Bulletin issued on March 18, 2011, effective at the opening of trading on March 21, 2011 the common shares of Courtland Capital Inc. commenced trading on NEX under the trading symbol CTD.H.

The Directors of the Company are Richard Grass, Gene Maher and John Prinz. Mr. Grass also serves as the CEO, CFO and Corporate Secretary of the Company. The Company has also relocated its head office to Crossfield, Alberta. The Company has updated its SEDAR profile accordingly.

Subject to any necessary regulatory approval, the Company has entered into a management services agreement with Mr. Grass effective March 1, 2011 under which Mr. Grass shall provide the Company with management and administrative services as well as office facilities in exchange. Mr. Grass will receive a monthly fee of $5,000 for providing such services.

The Company will now be commencing it search for potential acquisitions of assets or businesses with a view to reactivating the Company.

"This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Such information is subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, as no assurances can be given as to future results, levels of activity or achievements."

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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