TORONTO, ONTARIO--(Marketwired - July 16, 2014) - Sagittarius Capital Corporation (TSX VENTURE:SCX.H) ("Sagittarius" or the "Company"), a capital pool company, announces the appointment of Mr. Brian Presement as the new Chief Executive Officer of the Company.

The appointment follows the resignation of Robin Sundstrom as President, Chief Executive Officer and a board member of the Company, effective July 11, 2014, in order to pursue other business interests.

Sagittarius and its Board would like to thank Ms. Sundstrom for her contributions to the Company, and wish her the very best in her future endeavours.

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:

Sagittarius Capital Corporation
Chris Hazelton
Chief Financial Officer
(647) 300-2957