CAPVEST Income Corp.

CAPVEST Income Corp.

August 19, 2005 10:12 ET

CAPVEST Income Corp 'TSX Venture:CVS' Grants Stock Options

TORONTO, ONTARIO--(CCNMatthews - Aug. 19, 2005) - CAPVEST Income Corp. (the "Company") (TSX VENTURE:CVS) announces that, subject to the receipt of regulatory approval, it has granted incentive stock options to purchase up to an aggregate of 2,263,800 common shares of the Company exercisable at a price of $0.25 per share. Of such number, 1,078,800 were granted to directors and officers. The options are exercisable for a period of five years pursuant to a vesting schedule of one-third upon the date of the grant (the "Grant Date"), one-third following the first anniversary of the Grant Date and the remaining one-third following the second anniversary of the Grant Date.

The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4

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Contact Information

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