Gideon Capital Corp. Announces Settlement with Debtor

Gideon Capital Corp. ("Gideon Capital") (TSX VENTURE:GOL.P), a capital pool
company as defined under Policy 2.4 of the TSX Venture Exchange (the
"Exchange"), announces that it has entered into an agreement with Monterra S.A.
("Monterra") for the conversion of its previously announced loans to Monterra.
In connection with Gideon Capital's proposed Qualifying Transaction with
Monterra, Gideon Capital had advanced to Monterra $25,000 as an unsecured loan
(the "Unsecured Loan") which matured on March 31, 2013, and $225,000 as a
secured loan (the "Secured Loan") which matured on May 31, 2013. Gideon Capital
and Monterra have entered into an agreement to convert the Unsecured Loan plus
accrued interest of $1,461, the Secured Loan plus accrued interest of $24,586,
and $100,000 of expenses incurred by Gideon Capital in connection with the
Qualifying Transaction with Monterra, which was subsequently terminated, into an
aggregate of 7,520,948 common shares of Monterra as part of a significant
re-structuring being completed by Monterra. The shares issuable to Gideon
Capital will represent approximately 6% of the issued and outstanding shares of
Monterra upon completion of its initial re-structuring.


About Gideon Capital Corp.

Gideon Capital, a capital pool company within the meaning of the policies of the
Exchange, was incorporated on June 15, 2011 and was listed on the Exchange on
February 3, 2012. Gideon Capital does not have any operations and has no assets
other than cash. Gideon Capital's business is to identify and evaluate
businesses and assets with a view to completing a qualifying transaction under
the policies of the Exchange.


The information in this news release includes certain information and statements
about management's view of future events, expectations, plans and prospects that
constitute forward looking statements. These statements are based upon
assumptions that are subject to significant risks and uncertainties. Because of
these risks and uncertainties and as a result of a variety of factors, the
actual results, expectations, achievements or performance may differ materially
from those anticipated and indicated by these forward looking statements.
Although Gideon Capital believes that the expectations reflected in forward
looking statements are reasonable, it can give no assurances that the
expectations of any forward looking statements will prove to be correct. Except
as required by law, Gideon Capital disclaims any intention and assumes no
obligation to update or revise any forward looking statements to reflect actual
results, whether as a result of new information, future events, changes in
assumptions, changes in factors affecting such forward looking statements or
otherwise.


Neither TSX Venture Exchange nor its Regulation Services 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: 
Gideon Capital Corp.
Bill G. Calsbeck
Chief Executive Officer
[phone]
[e-mail]