Latigo Capital Corporation (TSX VENTURE:LTG.P) ("LCC" or the "Corporation")
announced today that the TSX Venture Exchange (the "TSXV") has granted an
extension to the Corporation to complete its Qualifying Transaction, as defined
under TSXV Policies, from October 12, 2009 to March 31, 2010.


In addition, LCC has granted stock options to purchase 182,500 common shares of
LCC to a director of the Corporation. Pursuant to LCC's stock option plan, the
stock options were granted at an exercise price of $0.20 per common share, which
is the price of the common shares issued pursuant to LCC's initial public
offering. Subsequent to this grant, the Corporation has stock options to
purchase 730,000 common shares outstanding pursuant to its stock option plan.
The Corporation has a 10% "rolling" stock option plan which reserves for
issuance on exercise of stock options a maximum of 10% of the number of common
shares of the Corporation outstanding from time to time.


About Latigo Capital Corporation

LCC, a capital pool company within the meaning of the policies of the TSXV, was
incorporated in April 2007 and was listed on the TSXV in October 2007. LCC does
not have any operations and has no assets other than cash. LCC's business is to
identify and evaluate businesses and assets with a view to completing a
Qualifying Transaction under the policies of the TSXV.


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