Capital Alliance Group Inc.
TSX VENTURE : CPT

Capital Alliance Group Inc.

April 03, 2007 09:45 ET

CAG Subsidiary Signs US$5 Million Financing Agreement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 3, 2007) - Capital Alliance Group Inc. (TSX VENTURE:CPT) is pleased to report that its subsidiary, CIBT School of Business and Technology Corp. ("CIBT"), has executed a financing agreement with an affiliate of Camden Partners Holdings, LLC, a Baltimore, MD based private equity firm with significant expertise in the for-profit education sector.

The agreement sets forth the terms and conditions for Camden's affiliate to invest US$5 million into CIBT through the purchase of a debenture and a warrant to purchase shares of CIBT. Subject to no material adverse changes and satisfaction of certain other conditions, the parties expect to close the transaction later this month.

BMO Capital Markets Corp. acted on behalf of CIBT as the placement agent. The proceeds from the financing will be used for expanding CIBT's for-profit educational service operations in China.

"We are pleased to establish this strategic partnership with our new investment partner," commented Toby Chu, President and CEO of Capital Alliance Group and CIBT. "Their experience as an investor in the education sector will add tremendous value to the operations of the company and help shape the company's expansion plans in China."

David Warnock of Camden Partners commented, "We are very excited about our investment into CIBT. This opportunity allows us to leverage our educational services expertise to help the company grow in the rapidly expanding Chinese educational services market."

About Camden Partners Holdings, LLC:

Based in Baltimore, Maryland, Camden Partners Holdings, LLC is a private equity firm specializing in the healthcare, education, business services and financial services sectors. Focusing on late-stage private and emerging micro-cap companies, Camden operates within its niche sectors to derive value for its investors ranging from large institutions to high net worth individuals. By working closely with management and striving for long-term gains, Camden utilizes its investment experience and network outreach to better assist in its portfolio company's growth.

About CIBT:

CIBT School of Business is a leading business, technology and technical school in China for over a decade. CIBT operates four campuses in Beijing, two campuses in Weifang, one campus in Anyang, and six learning centers in other cities in China. CIBT has academic partnerships with Beijing University of Technology and Weifang University, and delivers postsecondary business, technology and technical trade skill programs to students and corporations in China. By cooperating with leading education providers in North America including Western International University, a subsidiary of Apollo Group Inc., ITT Technical Institute, WyoTech Technical Institute, a subsidiary of Corinthian Colleges Inc., and other universities from Europe and Asia, CIBT delivers advanced curricula to meet the progressive needs of China's growing student population.

About Capital Alliance Group Inc.:

Capital Alliance Group Inc. (TSX VENTURE:CPT), headquartered in Vancouver, British Columbia, Canada is a diversified investment, operations and management firm with a broad International presence. Founded in 1986, the company currently has branch offices in Mainland China and Canada. CAG has brought together a team of professionals with extensive practical experience in building world-class organizations in both the old and new economy. With a long track record of success in the international business arena, CAG's team has both the depth and breadth of management expertise to assist its subsidiary companies in all phases of their growth.

Capital Alliance Group Inc.

Toby Chu, President & C.E.O.

WARNING: This news release contains forward-looking information. The reader is cautioned that assumptions used in preparing such information, although considered accurate at the time of preparation, may prove incorrect. The actual results achieved may vary materially from the information provided herein. Consequently, there is no representation by the company that actual results achieved will be the same as those forecast.

THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES IN ANY JURISDICTION.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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