Lateral Capital Announces Appointment of Chief Financial Officer

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.


Cautionary and Forward-Looking Statements

This news release contains forward-looking statements and forward-looking
information within the meaning of applicable securities laws. These statements
relate to future events or future performance. All statements other than
statements of historical fact may be forward-looking statements or information.
Forward-looking statements and information are often, but not always, identified
by the use of words such as "appear", "seek", "anticipate", "plan", "continue",
"estimate", "approximate", "expect", "may", "will", "project", "predict",
"potential", "targeting", "intend", "could", "might", "should", "believe",
"would" and similar expressions.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Lateral Capital Corp.
Corbin Blume
President & CEO
[phone]
[phone] (FAX)


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