Lateral Capital Corp. ("Lateral" or the "Corporation") (TSX VENTURE:LCP)
announced today that the Corporation has entered into negotiations with the
vendor of certain light oil assets in Southeast Saskatchewan, regarding an
extension to the asset purchase and sale agreement (the "Agreement"), as
previously announced in a press release dated December 14, 2012. Pursuant to the
Agreement, as novated on January 31, 2012, the Corporation was obligated to file
a (final) long form prospectus, no later than 5:00 p.m. on March 8, 2013. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Lateral Capital Corp.
Corbin Blume
President, Chief Executive Officer and Director
(587) 350-7500
(587) 350-7505 (FAX)
cblume@lateralcapital.ca
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