News Release

Sargasso Capital Corporation To Trade On TSX Venture Exchange

January 22, 2009

SARGASSO CAPITAL CORPORATION ("SGO.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: January 22, 2009
TSX Venture Tier 2 Company

This Capital Pool Company's ('CPC') Prospectus dated October 23, 2008 has been filed with and accepted by TSX Venture Exchange and the Ontario and Alberta Securities Commissions effective October 28, 2008, pursuant to the provisions of the respective Securities Acts. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.

The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering were $600,000 (3,000,000 common shares at $0.20 per share).

Commence Date: At the opening Friday, January 23, 2009, the Common shares will commence trading on TSX Venture Exchange.

Corporate Jurisdiction: Ontario

Capitalization: Unlimited common shares with no par value of which 8,000,000 common shares are issued and outstanding.
Escrowed Shares: 5,000,000 common shares

Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: SGO.P
CUSIP Number: 803610 10 4
Agent: Canaccord Capital Corporation

Agent's Options: 240,000 non-transferable stock options. One option to purchase one share at $0.20 per share for up to 24 months.

For further information, please refer to the Company's Prospectus dated October 23, 2008.

Company Contact: Richard D. McGraw
Company Address: 78 Scollard Street, Toronto, ON M5R 1G2

Company Phone Number: (416) 944-2700
Company Fax Number: (416) 960-9532