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Share Name Share Symbol Market Type
TSXV:HMB TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Humboldt Capital Corporation Increases Interest in Tuscany Energy Ltd.

06/12/2012 9:06pm

Marketwired Canada


Humboldt Capital Corporation ("Humboldt") (TSX VENTURE:HMB) advises that from
June 12, 2011 to November 30, 2012 Humboldt purchased 1,010,000 Common Shares of
Tuscany Energy Ltd. ("Tuscany") (TSX-V: TUS) by normal course purchases through
the facilities of the Toronto Venture Exchange. The Common Shares acquired by
Humboldt, together with Tuscany's purchases and cancellation of its own Common
Shares, has resulted in Humboldt's ownership in Tuscany's outstanding Common
Shares increasing by 2% over the period.


R. W. Lamond ("Lamond") owns 72% of the outstanding shares of Humboldt and 100%
of Lamond Investments Ltd ("LI"). Lamond, LI and Humboldt together own
44,603,434 Common Shares of Tuscany, or approximately 37% of the outstanding
Common Shares of Tuscany. 


The acquisitions were for investment purposes and each of Humboldt, LI and
Lamond may, from time to time, as market opportunities exist or develop,
increase or decrease their beneficial ownership, or control and direction over,
Tuscany's Common Shares as permitted by securities law.


Forward-looking statements - the press release today contains "forward-looking"
information including the intentions of Humboldt, LI and Lamond with respect to
Tuscany Common Shares. Actual results could differ materially from the
conclusions, forecasts or projections in the forward-looking information.
Certain material factors and assumptions were applied in drawing the conclusions
or making the forecasts or projections as reflected in the forward-looking
information. Additional information about the material factors that could cause
actual results to differ materially from the conclusion, forecast or projection
in the forward-looking information and the material factors or assumptions that
were applied in drawing the conclusion or making the forecast or projection as
reflected in the forward-looking information is contained in the press release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Humboldt Capital Corporation
R.W. Lamond
Chairman of the Board
(403) 269-9889
(403) 269-9890 (FAX)


Humboldt Capital Corporation
C.A. (Tony) Teare
Executive Vice President
(403) 269-9889
(403) 269-9890 (FAX)

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