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VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 25, 2010) - SKANA Capital Corp. (TSX VENTURE:SKN). SKANA Capital Corp. ("SKANA") announces release of its audited consolidated financial statements. For the year ended March 31, 2010, SKANA had a consolidated loss of $1,060,153 ($0.02 basic and diluted loss per common share) compared to a consolidated loss of $16,541,798 ($0.32 basic and diluted loss per common share) for the comparative year ended in 2009. The loss in the current year included an impairment loss on marketable securities of $1,030,000 and due diligence and other costs in the amount of $413,218 which were related to the proposed acquisition by SKANA of Bus and Coach International, which was subsequently abandoned.

As at March 31, 2010, SKANA had cash and cash equivalents of $1,755,467 and carried its marketable securities at fair value of $17,749,878. SKANA maintains all of its cash and cash equivalents with Schedule A banks.

SKANA's audited consolidated financial statements and management discussion and analysis ("MD&A") for the year ended March 31, 2010 have been filed on SEDAR and are available for download at [ www.sedar.com ].

About SKANA Capital Corp.

SKANA is listed on the TSX Venture Exchange as an Investment Issuer and carries on business as a merchant bank. It makes strategic investments in resource-based and other opportunities that it believes have significant potential for appreciation through its financial involvement and guidance.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.