CALGARY, ALBERTA--(Marketwired - Oct. 24, 2016) - Industrial Avenue Development Corporation, a subsidiary of Target Capital Inc. ("Target") (TSX VENTURE:TCI)(CSE:TCI) has entered into a conditional sale agreement (the "Sale Agreement") for the sale of the real estate project known as "The Landing at Langley" (the "Langley Project") to a Vancouver area real estate developer for a purchase price of $2,135,000.