Raptor Capital Corporation announces divestiture of property



    CALGARY, Aug. 15 /CNW/ - Raptor Capital Corporation (RCP: TSX Venture
Exchange). Raptor Capital Corporation ("Raptor") has disposed of its 36.125%
interest in its Provost property to the operator of the property and thereby
reducing its liability to the operator by $300,000.00. Raptor will continue
working toward a reorganization of Corporation with the ultimate goal of
preserving the Corporation as a going concern.
    Parties interested in obtaining further information or receiving news
releases and corporate documents from Raptor may e-mail such request to
Bill@raptap.com or review the Company's documentation filed on SEDAR at
www.sedar.com.

    This news release may contain certain forward-looking statements that
reflect the current views and/or expectations of Raptor Capital Corporation
with respect to its performance, business and future events. Such statements
are subject to a number of risks, uncertainties and assumptions. Actual
results and events may vary.

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

    %SEDAR: 00009590E




For further information:

For further information: William J. Wylie, Raptor Capital Corporation,
T: (403) 266-5515 ext. 4, E: Bill@raptap.com

Organization Profile

RAPTOR CAPITAL CORPORATION

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