C.A. Bancorp Inc.

C.A. Bancorp Inc.

February 13, 2009 13:52 ET

C.A. Bancorp Inc. Announces Director Resignation

TORONTO, ONTARIO--(Marketwire - Feb. 13, 2009) - C.A. Bancorp Inc. (TSX:BKP) (the "Corporation") announces that Philip Johnson has tendered his resignation as a director of the Corporation effective February 11, 2009 due to the time commitment required to fulfil his other primary business commitments.

The Corporation's Board of Directors (the "Board") would like to thank Mr. Johnson for his time, service and the valuable contribution he made during his tenure as a director. Mr. Johnson has served on the Board since August 2006.

The Corporation has commenced the process of seeking a replacement director. In the meantime, the remaining five directors will continue to carry out the duties of the Board.

The Board is currently comprised of John F. Driscoll (Chair), Mark Gardhouse, Paul Haggis, Frank Potter and Richard Zarzeczny.

C.A. Bancorp Inc.

C.A. Bancorp is a publicly traded Canadian merchant bank and alternative asset manager that provides investors with access to a range of private equity and other alternative asset class investment opportunities. C.A. Bancorp is focused on investments in small- and middle-capitalization public and private companies, with emphasis on the industrials, real estate, infrastructure and financial services sectors.

Certain statements included in this news release constitute forward-looking statements including statements identified by the words "plan," "will" and "intend" and similar expressions or the negative thereof. The forward-looking statements are not historical facts but reflect the Corporation's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations including, but not limited to, the ability of the Corporation to locate a suitable replacement director and the timing associated with any such appointment. Readers are cautioned not to place undue reliance on forward-looking information. The Corporation undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information except as required by law.

C.A. Bancorp Inc.
The Exchange Tower
130 King Street West
Suite 2810, P.O. Box 104
Toronto, Ontario M5X 1A4
Telephone: (416) 214-5985
Fax: (416) 861-8166

Contact Information

  • C.A. Bancorp Inc.
    John Driscoll
    Chief Executive Officer
    (416) 861-8166 (FAX)
    C.A. Bancorp Inc.
    Mark Gardhouse
    (416) 861-8166 (FAX)
    Email: info@cabancorp.com
    Website: www.cabancorp.com