Humboldt Reports Results for the Three Months Ended March 31, 2014

Humboldt Capital Corporation (TSX VENTURE:HMB) - 

For the first quarter of 2014 Humboldt is pleased to report earnings of $659,000
and net assets of $26 million, or $2.19 per share. At the quarter end Humboldt
reported $7.9 million of cash which has been increased to over $9 million at the
time of writing.


During the quarter Humboldt continued with its plan to:



--  Maintaining and increasing the Company's liquidity, 
--  Continued restructuring the Company's portfolio to focus more on
    international energy companies and less on mining investments, and 
--  Actively supported Tuscany Energy Ltd. in its efforts to expand market
    awareness with the purpose of raising additional capital and
    accelerating its Saskatchewan heavy oil development drilling program. 

HIGHLIGHTS                                                                  
Three months ended March 31,                                 2014       2013
----------------------------------------------------------------------------
(Thousands, except per share amounts)                                       
Net realized gain on investments                        $     711 $   1,199 
Net unrealized gain (loss) in investments               $      83 $  (6,340)
Comprehensive earnings (loss) for the period            $     659 $  (5,299)
  Earnings (loss) per share, diluted                    $    0.06 $   (0.44)
Share capital                                           $   2,060 $   2,060 
Retained earnings                                       $  23,412 $  25,335 
Net Assets                                              $  26,138 $  28,048 
Cash and cash equivalents                               $   7,896 $   6,443 
Shares outstanding                                         11,932    11,932 
  Net asset value per share, basic                      $    2.19 $    2.35 
  Net asset value per share, diluted                    $    2.19 $    2.34 



Humboldt Financial Statements and Management's Discussion and Analysis for the
three months ended March 31, 2014 have been filed on SEDAR and can be found on
Humboldt's website at www.humboldtcapital.com.


Neither the TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Humboldt Capital Corporation
R.W. Lamond
Chairman of the Board
[phone]
[phone] (FAX)


Humboldt Capital Corporation
C.A. (Tony) Teare
Executive Vice President
[phone]
[phone] (FAX)
www.humboldtcapital.com