TORONTO, ONTARIO--(Marketwire - Feb. 10, 2012) -


Sagittarius Capital Corporation (TSX VENTURE:SCX.H) ("Sagittarius", the "Company" or the "CPC"), a capital pool company, would like to announce that subject to TSX Venture Exchange ("TSXV") and other necessary approvals, and prior to closing its proposed qualifying transaction, it has agreed to provide advances to Alpaca Resources Inc. ("Alpaca") of up to $100,000, of which $25,000 was advanced to Alpaca in January, 2012 as permitted by CPC Policy 2.4, under Section 8.5(b). Alpaca is a private Ontario-based gold and junior copper exploration company. The funds will be used by Alpaca for property payments and ongoing non-related party expenses.

The loan bears the simple interest rate of 18% per annum; the maturity date is May, 31, 2012. A $10,000 structuring fee will be payable to the Company at maturity in addition to the payable interest. The loan is secured by a general security agreement as well as a pledge of the shares in the capital of Alpaca's wholly owned subsidiary, Cave Creek Gold Corp. The Company has advanced $25,000 to Alpaca to fund January property commitments and certain mutually agreed legal costs; the second and third advances must be matched dollar-per-dollar from other sources of investments into Alpaca. The loan facility is uncommitted; the Company has the right to elect prior to each advance not to make further advances.

About Alpaca Resources Inc.

Alpaca Resources Inc. is a Canadian junior exploration company with two advanced exploration-stage projects in the Western United States: the Iron Butte gold project in Nevada and the Hill Copper project in Arizona.

About Sagittarius Capital Corporation

The Company is a NEX-listed company, classified as a Capital Pool Corporation as defined in TSXV Policy 2.4 having raised $738,000 in conjunction with its initial public offering in February 2008. The Company's principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction within the meaning of TSXV policies.

Completion of the Qualifying Transaction is subject to a number of conditions including, but not limited to, TSXV acceptance and, if applicable pursuant to TSXV requirements, majority of the minority shareholder approval. Where applicable, the Qualifying Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Qualifying Transaction will be completed as proposed, or at all.

Investors are cautioned that, except as disclosed in the filing statement to be prepared in connection with the Qualifying Transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

The information disclosed in this press release regarding Alpaca was provided by Alpaca without review or investigation by Sagittarius, and as such, Sagittarius does not accept any responsibility for the accuracy of such disclosure.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "anticipated", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Sagittarius is subject to significant risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements contained in this release. Sagittarius cannot assure investors that actual results will be consistent with these forward looking statements and Inspiration assumes no obligation to update or revise the forward looking statements contained in this release to reflect actual events or new circumstances.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

For Sagittarius Capital Corporation:
Robin Sundstrom
(647) 822-8111

For Alpaca Resources Inc.:
Yannis Banks
(416) 777-6169