Sagittarius Capital Announces Alpaca Resources Closes Second Tranche of Private Placement

Sagittarius Capital Corporation (TSX VENTURE:SCX.H) ("Sagittarius" or the
"Company"), a capital pool company, is pleased to announce that Alpaca Resources
Inc. ("Alpaca"), which has entered into an agreement to undertake a Qualifying
Transaction with the Company, has closed the second tranche of a private
placement. In this regard, Alpaca closed the second tranche of a non-brokered
private placement for gross proceeds of $909,500. Combined with the first
closing for $353,480, Alpaca has issued 12,629,810 Units for total gross
proceeds of $1,262,980 pursuant to the private placement. Concurrently with the
private placement, various debt holders converted an aggregate of $209,000 of
debt into the offering for an additional 2,090,177 shares and 1,045,089
warrants.


Units were priced at $0.10 per Unit. Each Unit is made up of one common share of
Alpaca and one half of one share purchase warrant of Alpaca. Each whole warrant
is exercisable into one share of Alpaca at an exercise price of $0.25 for a
period of 24 months.


Details of the agreement between the Company and Alpaca in relation to the
proposed Qualifying Transaction are set out in the press release dated September
7, 2010.


Foundation Markets Inc. ("Foundation") acted as the agent for a portion of the
offering, with the balance being non-brokered. Commission of 8% cash and 8%
broker warrants were paid to Foundation and other registered agents.


Alpaca plans to use the proceeds of the offering for exploration, evaluating
further acquisition opportunities, and general corporate purposes.


Completion of the Qualifying Transaction is subject to a number of conditions
including, but not limited to, Exchange acceptance and if applicable pursuant to
Exchange Requirements, majority of the minority shareholder approval. Where
applicable, the Qualifying Transaction cannot close until the required
shareholder approval is obtained. There can be no assurance that the Qualifying
Transaction will be completed as proposed, or at all.


Investors are cautioned that, except as disclosed in the filing statement to be
prepared in connection with the transaction, any information released or
received with respect to the transaction may not be accurate or complete and
should not be relied upon. Trading in the securities of a capital pool company
should be considered highly speculative.


About Alpaca Resources Inc.

Alpaca Resources Inc. is a Canadian junior exploration company with advanced and
early stage copper and gold exploration properties in the Western United States
and Peru. Alpaca's copper portfolio consists of two principal assets in Arizona,
the Hill Copper and Troy Ranch projects. Alpaca's gold portfolio consists of the
Iron Butte project in Nevada and the Pataz project in the Peru.


About Foundation Markets Inc.

Foundation is a Toronto-based boutique investment bank and corporate finance
advisory firm licensed as an Exempt Market Dealer. The firm is focused on
working with small- and medium-sized companies with rapid growth potential,
specializing in assisting pre-public clients in accelerating access to private
capital and executing going-public transactions. FMI also works with public
companies on financing, mergers and acquisitions, and providing strategic
advisory services.