(TORONTO, July 19, 2012) - Sea Green Capital Corp. ("Sea Green" or, the "Company") (TSX VENTURE: SGS) today announces the completion of its previously announced consolidation and change of name which were both approved at the annual and special meeting of shareholders of the Company held on January 26, 2012.

The Company has consolidated its common shares on the basis of five (5) pre-consolidation shares for every one (1) post-consolidation share and changed its name to "Cava Resources Inc.".

The Company's common shares will begin trading on a post-consolidation basis on the TSX Venture Exchange at market open on July 23, 2012. The Company's shares will trade under the stock symbol "CVA".

In addition, the Company announces that Alex MacKay has stepped down as President of Sea Green Capital. John Hickey, an independent director, has been named interim President and CEO.

About Sea Green Capital
Sea Green (TSX-V: SGS) is a junior exploration company. The company is currently exploring for precious metals in the Casa Berardi region in Quebec.

For further information contact:

John V. Hickey
President
416.637.2139

The TSXV has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this news release. The TSXV has neither approved nor disapproved the contents of this news release.