Canadian Banc Recovery Corp. Announces Name Change


TORONTO, ONTARIO--(Marketwire - Jan. 26, 2012) - Canadian Banc Recovery Corp. announces a name change to Canadian Banc Corp. Trading on the Toronto Stock Exchange under the new name is expected to commence on Friday, January 27, 2012.

Contact Information:

Canadian Banc Recovery Corp.
Investor Relations
416-304-4443 or toll free at 1-877-4-Quadra (1-877-478-2372)
www.primerateplus.com