Humboldt Capital Corporation declares $3 million special dividend



    CALGARY, April 21 /CNW/ - Humboldt Capital Corporation (TSX-V: HMB)
    On April 20, 2009 the Board of Directors of Humboldt Capital Corporation
declared a one time special dividend of $0.25 per share payable to holders of
common shares of record on April 30, 2009. The dividend will be payable on May
14, 2009. The dividend will result in a distribution of approximately $3
million of the Company's cash.
    There are currently no plans for future dividends. The Board of Directors
continues to review its long term cash requirements in view of its investment
strategies, which are largely dependent upon the outlook for prices of
resource commodities and its capital needs from time to time.

    Forward-looking statements - the press release today contains
"forward-looking" information. Actual results could differ materially from the
conclusions, forecasts or projections in the forward-looking information.
Certain material factors and assumptions were applied in drawing the
conclusions or making the forecasts or projections as reflected in the
forward-looking information. Additional information about the material factors
that could cause actual results to differ materially from the conclusion,
forecast or projection in the forward-looking information and the material
factors or assumptions that were applied in drawing the conclusion or making
the forecast or projection as reflected in the forward-looking information is
contained in the press release.

    
        THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
         RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
    





For further information:

For further information: R.W. Lamond, Chairman of the Board - or - C.A.
(Tony) Teare, Executive Vice President, HUMBOLDT CAPITAL CORPORATION,
Telephone: (403) 269-9889, Fax: (403) 269-9890, TSX-V: HMB

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HUMBOLDT CAPITAL CORPORATION

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