Canadian Banc Recovery Corp.: Financial Results to November 30, 2010


TORONTO, ONTARIO--(Marketwire - Feb. 24, 2011) - Canadian Banc Recovery Corp. (formerly Prime Rate Plus Corp) ("the Company") announces that its annual financial statements and management report of fund performance for the period ended November 30, 2010 are now available at www.sedar.com and the Company's website at www.primerateplus.com.

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