Mr. Douglas Dyment reports

INDIGO SKY CAPITAL GRANTS STOCK OPTIONS

Indigo Sky Capital Corp., pursuant to the company's filing statement dated Jan. 15, 2013, has granted an aggregate of 1.2 million incentive stock options to certain officers and directors of the company with an effective grant date of April 3, 2013. The stock options are exercisable at a price of 25 cents per share for a period of 10 years from the date of grant. Further, the company has granted an additional 160,000 stock options to Ray Matthews & Associates under the terms of the investor relations agreement (see news release dated April 10, 2013) with an effective grant date of March 20, 2013. The stock options granted to Ray Matthews & Associates are subject to vesting provisions with one-fourth of the options vesting in each quarter over a 12-month period and are exercisable at a price of 25 cents for a period of 10 years from the date of grant. The above-outlined grants are subject to TSX Venture Exchange approval.

We seek Safe Harbor.