LeBoldus Capital Inc. announces private placement

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

CALGARY, Feb. 1 /CNW/ - LeBoldus Capital Inc. ("LeBoldus" or the "Corporation") (TSXV: LEB.P) is pleased to announce a non-brokered financing on a private placement basis of common shares in the capital of the Corporation ("Common Shares") at a price of $0.10 per Common Share for aggregate proceeds of up to $200,000 (the "Private Placement"). The Private Placement will be non-brokered and the Corporation intends to use the proceeds of the Private Placement to continue to seek a Qualifying Transaction (as defined under the policies of the TSX Venture Exchange). Closing of the Private Placement is expected to occur on or about February 17, 2010. The Common Shares sold under the Private Placement will be subject to applicable resale restrictions.

Statements in this press release contain forward-looking information with respect to the use of proceeds and closing date of the Private Placement. The reader is cautioned that assumptions used in the preparation of such information, including the ability of the Corporation to complete the Private Placement, may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Corporation. The reader is cautioned not to place undue reliance on this forward-looking information.

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

%SEDAR: 00026745E

SOURCE LEBOLDUS CAPITAL INC.

For further information: For further information: Evatt Merchant, President, Chief Executive Officer and Director, LeBoldus Capital Inc., Suite 400, 2710 - 17th Avenue S.E., Calgary, AB, T2A 0P6, Telephone: (403) 237-9777, Facsimile: (403) 237-9775, E-mail: emerchant@merchantlaw.com

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LEBOLDUS CAPITAL INC.

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