Schwabo Capital Corporation

October 08, 2010 15:24 ET

Schwabo Capital Corporation Announces Closing of a Private Placement

TORONTO, ONTARIO--(Marketwire - Oct. 8, 2010) - Schwabo Capital Corporation (the "Corporation" or "Schwabo") (TSX VENTURE:SBO.H) is pleased to announce the closing of the private placement for 400,000 common shares of the Corporation at CDN $0.15 per share for total financing of $60,000. The expiry date of the hold period is December 19, 2010.

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