C.A. Bancorp Inc.

C.A. Bancorp Inc.

August 22, 2007 16:15 ET

C.A. Bancorp Inc. (TSX: BKP) Grants Options

TORONTO, ONTARIO--(Marketwire - Aug. 22, 2007) - C.A. Bancorp Inc. (the "Company")(TSX:BKP) has granted an aggregate of 1,275,000 incentive stock options (the "Options") to certain of its directors, officers, employees and consultants. The Options have a term of five years and shall vest in equal proportions on each of the following three dates: August 21, 2007, August 21, 2008 and August 21, 2009. Upon vesting each Option shall entitle the holder thereof to purchase one common share of C.A. Bancorp Inc. at a price of $2.55 (the closing price of the shares on August 20, 2007) until August 21, 2012.

Trading information

C.A. Bancorp Inc. common shares trade on the Toronto Stock Exchange under the symbol BKP.

C.A. Bancorp Inc.

C.A. Bancorp Inc. is a publicly traded Canadian merchant bank and asset manager that provides investors with access to a range of private equity and alternative asset class investment opportunities, typically available only to institutional and high-net-worth investors. The Company 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.

This news release contains "forward-looking statements" relating to the Company's intentions. Forward looking statements involve known or unknown risks, uncertainties and other factors, which may cause the actual performance or achievements of the Company to be materially different from those projected by such forward-looking statements. Among others, such factors include uncertainty with respect to the availability of investment opportunities and competition for investments.

Forward-looking statements contained herein are made as of the date hereof and are based on the opinions of management based on information available to management as of such date, and, except as may be required by applicable securities laws, the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, changes to the Company's investment plan, future events or results or otherwise.

The Exchange Tower
130 King Street West
Suite 2810, P.O. Box 104
Toronto, Ontario M5X 1A4

Contact Information

  • C.A. Bancorp Inc.
    Mark Gardhouse
    (416) 861-8166 (FAX)
    C.A. Bancorp Inc.
    Paolo De Luca
    Chief Financial Officer
    (416) 861-8166 (FAX)
    Email: info@cabancorp.com
    Website: www.cabancorp.com