Sea Green Capital Corp Enters Into Letter of Intent with Lateegra Gold Corp

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[{"type":"text","content":"\nSea Green Capital Corp Enters Into Letter of Intent with Lateegra Gold Corp\n\n\n Jan. 17, 2011 (TheNewswire.ca) -- Sea Green Capital Corp has entered into a letter of intent with Lateegra Gold Corp. (OOTC:LRGGF) (TSXV:LRG) whereby Lateegra will acquire Sea Green's 49% interest in the 34 Beschefer township claims (subject to an underlying net smelter royalty of 1% with an option to purchase 0.75% for $500,000) for a total of $25,000 and 3,000,000 common shares to be paid and issued to Sea Green. This agreement is subject to the exchange's approval.President and CEO Alexander MacKay is quoted as saying \"We are happy with the offer for our Beschefer claims. The continued interest in Lateegra and the NSR on the property assures that Sea Green will continue to support Lateegra's efforts while enabling us to focus on our core properties in the Yukon and Casa Berardi, Quebec.\"For further information:Sea Green Capital Corp.330 Bay Street Suite 1500Alexander MacKayPresident and CEO(416) 989-1067Clark KentInvestor Relations(647) 519-2646Website: www.seagreencapital.comStockNetwork: www.seagreen.stocknetwork.com\"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.\"Copyright (c) 2011 Thenewswire.ca - All rights reserved.\n\n\n\n","length":1595,"tagName":"div"}]

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