CPVC Financial Corporation
TSX VENTURE : LHB

March 01, 2007 15:23 ET

CPVC Financial Corporation: News Release

MONTREAL, QUEBEC--(CCNMatthews - March 1, 2007) -

(NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA)

CPVC FINANCIAL CORPORATION (the "Corporation") (TSX VENTURE:LHB) announces that Guy G. Lever has joined the board of directors of the Corporation.

Guy G. Lever has a background in both corporate and entrepreneurial roles; he is a Board member and Chairman of the Audit Committee of Arura Pharma Inc. in which CPVC holds an equity position. He has public company experience, particularly in Operations and the Strategic Planning process. Mr. Lever will be instrumental in helping CPVC implement actions required in achieving set goals and objectives.

The Corporation also announces it has granted stock options to purchase up to 240,000 common shares at a price of $0.10 per share to the new director.

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

Contact Information

  • CPVC Financial Corporation
    Alain Lambert
    President
    (514) 395-1191