SARGASSO CAPITAL CORPORATION ANNOUNCES APPOINTMENT OF NEW DIRECTOR

TSXV TRADING SYMBOL: SGO.P

TORONTO, Dec. 13 /CNW/ - Sargasso Capital Corporation (TSXV: SGO.P) (the "Corporation") is pleased to announce the appointment of Christopher Seed to the Board of Directors of the Corporation effective today. 

Christopher Seed has been Vice President and Chief Compliance Officer of Greenrock Asset Management Ltd., a clean technology investment company, since June 2010. Prior to Greenrock he was working as Vice President of Sales for an independent boutique brokerage firm in Toronto. Chris began his career at one of the largest Canadian bank-owned investment dealers and has over 10 years of experience in the financial services industry. He has held various roles throughout his career including corporate finance, sales, trading, and compliance.

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

SOURCE SARGASSO CAPITAL CORPORATION

For further information: For further information:

contact Richard D. McGraw, President, Chief Executive Officer, Chief Financial Officer and Secretary, at:

Telephone: (416) 944-2700
E-mail: rmcgraw@loigroup.com

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SARGASSO CAPITAL CORPORATION

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