Lateral Capital Corp.

Lateral Capital Corp.

March 11, 2013 09:00 ET

Lateral Capital Corp. Reports on Status of Saskatchewan Light Oil Asset Acquisition

CALGARY, ALBERTA--(Marketwire - March 11, 2013) - Lateral Capital Corp. ("Lateral" or the "Corporation") (TSX VENTURE:LCP) announced today that the Corporation has entered into negotiations with the vendor of certain light oil assets in Southeast Saskatchewan, regarding an extension to the asset purchase and sale agreement (the "Agreement"), as previously announced in a press release dated December 14, 2012. Pursuant to the Agreement, as novated on January 31, 2012, the Corporation was obligated to file a (final) long form prospectus, no later than 5:00 p.m. on March 8, 2013.

Neither the 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.

Contact Information

  • Lateral Capital Corp.
    Corbin Blume
    President, Chief Executive Officer and Director
    (587) 350-7500
    (587) 350-7505 (FAX)