Latigo Capital Corporation

March 24, 2009 18:00 ET

Latigo Capital Corporation Announces Change in Directors and Officers

CALGARY, ALBERTA--(Marketwire - March 24, 2009) - Latigo Capital Corporation (TSX VENTURE:LTG.P) ("LCC" or the "Corporation") announced today that Mr. Warren Coates has resigned as Chief Executive Officer and a director of LCC. Mr. Coates has accepted employment that requires he resign from all director and officer positions with public companies. The Corporation wishes to thank Mr. Coates for his contribution to the Corporation and wishes him well in his future endeavours. Mr. Ric Charron, a director of LCC, has been appointed Chief Executive Officer of LCC.

LCC is also pleased to announce that Mr. Mark Kornak has been appointed as a director of the Corporation, subject to TSX Venture Exchange (the "Exchange") approval. Mr. Kornak has been an advisor and investor in several startup companies since 2001. From 1984 to 2001, Mark was a partner and Chief Information Officer with Boardwalk Equities in Calgary. After leaving Boardwalk in 2001, Mr. Kornak was Vice President Software Development of Teamplate Inc., a provider of business process workflow solutions. Mr. Kornak also has extensive experience in the technology field, having successfully received licensing from the CRTC for a CLEC and BDU (cable television) company.

LCC, a capital pool company within the meaning of the policies of the Exchange, was incorporated in April 2007 and was listed on the Exchange in October 2007. LCC does not have any operations and has no assets other than cash. LCC's business is to identify and evaluate businesses and assets with a view to completing a Qualifying Transaction under the policies of the Exchange.

Neither the TSX Venture Exchange nor its Regulation Service 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

  • Latigo Capital Corporation
    Ric Charron
    (403) 651-0354