Canadian Banc Corp. Announces Pricing of Treasury Offering

TORONTO, ONTARIO--(Marketwired - Feb. 27, 2014) - Canadian Banc Corp. (the "Company') is pleased to announce that the treasury offering of units has been priced at $12.90 per Class A share and $10.35 per Preferred share.

The Company invests in a portfolio of common shares of the six largest Canadian Banks as follows:

The sales period of this offering is expected to end at 12:00 p.m. EST on February 28, 2014. The offering is expected to settle on or about March 7, 2014.

The syndicate of agents consists of National Bank Financial Inc., CIBC, RBC Capital Markets, TD Securities Inc., BMO Capital Markets, GMP Securities L.P., Canaccord Genuity Corp., Desjardins Securities Inc., Mackie Research Capital Corporation, Manulife Securities Incorporated and Raymond James Ltd.

The Company intends to file a final short form prospectus in each of the provinces of Canada with respect to the offering. A preliminary short form prospectus containing important information relating to the units has been filed and is still subject to completion or amendment. A copy of the preliminary short form prospectus may be obtained from any of the agents listed above. Investors should read the short form prospectus before making an investment decision. The prospectus contains detailed information about the securities being offered. There will not be any sale of the units until a receipt for the final prospectus has been issued.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Investors should read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the Company's publically filed documents which are available at www.sedar.com.