CPVC Financial Corporation
TSX VENTURE : LHB

June 12, 2008 12:25 ET

CPVC Financial Corporation: News Release

MONTREAL, QUEBEC--(Marketwire - June 12, 2008) -

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

CPVC FINANCIAL CORPORATION (the "Corporation") (TSX VENTURE:LHB) announces that the Corporation has met the requirements for a Tier 1 company on the TSX Venture Exchange Inc. ("TSXV") and effective June 11, 2008 its classification changed from Tier 2 to Tier 1. In accordance with the terms of the Corporation's CPC Escrow Agreement dated June 9, 2004 all of the remaining shares held in escrow under that agreement will be released upon the issuance of this press release. In respect of the Corporation's Form 5D Escrow Agreement dated November 7, 2006 all of the remaining shares held in escrow under that agreement will be released on June 15, 2008.

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
    Alain Lambert
    President
    (514) 395-1191