Sagittarius Capital Announces Management and Board Changes

Sagittarius Capital Corporation (NEX:SCX.H) ("Sagittarius" or the "Company"), a
capital pool company, announces that Gary Hokkanen has stepped down as CFO and
director of the Company; director Jim Macpherson will act as CFO. The Company
also welcomes Brian Micner and Brian Presement as new appointments to the board.



Mr. Micner graduated from the University of East Anglia of Law, in England in
2005. Shortly thereafter Mr. Micner earned his certificate at the University of
Ottawa School Of Law, after which he established a law practice focused on
Criminal and Quasi Criminal matters. Mr. Micner has appeared at all levels of
court in Ontario including the Court of Appeal, Superior Court of Justice and
Ontario Court of Justice. Mr. Micner is a member of the Criminal Lawyers
Association and a member of the Criminal Charges Panel of Legal Aid Ontario. 


Mr. Presement has been the President and CEO of Unite Communications Corporation
("UNiTE") since its inception in 2001. Under his leadership, UNiTE has grown
from a regional telecom provider offering a narrow set of services to a full
scale telecom provider offering services to companies of all sizes all across
Canada. Mr. Presement has over 20 years of telecommunications experience. Prior
to UNiTE, Mr. Presement served as Vice President Business Development of VOXX
Corporation, where he was responsible for the sales and marketing of Voxx's
Telecommunications Services. Mr. Presement holds an Honours Bachelor of Arts
Degree from York University with a double major in Mass Communications and
Political Science.  


The Company would like to thank Mr. Hokkanen for his past services to the
Company and wishes him well with his future plans. 


Forward-Looking Statements 

This press release contains "forward-looking information", as such term is
defined in applicable Canadian securities legislation. There can be no assurance
that such information will prove to be accurate or that management's
expectations or estimates of future developments, circumstances or results will
materialize. Accordingly, readers should not place undue reliance on
forward-looking information. The forward-looking information in this press
release is made as of the date of this press release, and each of Sagittarius
and Alpaca disclaim any intention or obligation to update or revise such
information, except as required by applicable law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sagittarius Capital Corporation
Robin Sundstrom
President
[phone]
[e-mail]