HispanicBusiness

CALGARY, ALBERTA -- (Marketwire) -- 02/13/13 -- Lateral Capital Corp. ("Lateral" or the "Company") (TSX VENTURE: LCP) - Mr. Corbin Blume, President and Chief Executive Officer of Lateral, announces the appointment of Steve Nikiforuk as Chief Financial Officer effective February 12, 2013. Mr. Nikiforuk has been the President of MyOwnCFO Professional Corporation since October 2011 and President of MyOwnCFO Inc. since July 2009, both private companies. He was the Corporate Business Manager of 1173373 Alberta Ltd. (a private company) from July 2009 to July 2011 and the Vice President, Finance and Chief Financial Officer of Cadence Energy Inc. (formerly Kereco Energy Ltd.) a public oil and gas company, from January 2005 to March 2008. Mr. Nikiforuk received his Bachelor's degree in Business Administration, majoring in Accounting from Saint Francis Xavier University in 1991 and is an active Chartered Accountant.

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The forward-looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the TSX Venture Exchange. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

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Contacts:
Lateral Capital Corp.
Corbin Blume
President & CEO
(587) 350-7500
(587) 350-7505 (FAX)

Lateral Capital Corp.
1000, 205 - Fifth Avenue SW
Calgary, Alberta T2P 2V7