LeBoldus Capital Inc. completes initial public offering

    CALGARY, July 10 /CNW/ - LeBoldus Capital Inc. ("LeBoldus" or the
"Corporation") is pleased to announce the completion of its initial public
offering ("IPO"). LeBoldus issued 1,000,000 common shares ("Common Shares") at
a price of $0.20 per share for gross proceeds of $200,000. As a result of this
issuance, LeBoldus has 2,500,000 Common Shares issued and outstanding.
    The Corporation anticipates that the Common Shares will be listed for
trading on the TSX Venture Exchange (the "TSXV") under the trading symbol of
"LEB.P" once all final documentation has been received and approved by the
TSXV. In addition to granting an aggregate of 100,000 options to purchase
Common Shares at $0.20 per share to its agent, Blackmont Capital Inc. and its
sub-agent, the Corporation has granted an aggregate of 250,000 options to
purchase Common Shares at $0.20 per share to its directors, officers and a
technical consultant.
    The net proceeds of the IPO will be used by LeBoldus to identify and
evaluate assets of businesses for acquisition with a view to completing a
"Qualifying Transaction" under the CPC program of the TSXV as disclosed in the
Corporation's prospectus dated April 23, 2008.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this press release.

    Certain information in this press release may contain forward-looking
statements. This information is based on current expectations that are subject
to significant risks and uncertainties that are difficult to predict. Actual
results might differ materially from results suggested in any forward-looking
statements. The Corporation assumes no obligation to update the
forward-looking statements, or to update the reasons why actual results could
differ from those reflected in the forward looking-statements unless required
by securities laws applicable to the Corporation. Additional information
identifying risks and uncertainties is contained in the Corporation's filings
with Canadian securities regulators, which filings are available at

    %SEDAR: 00026745E

For further information:

For further information: Christopher M. Wolfenberg, Director, (403)

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