Leisure Canada Inc.
TSX VENTURE : LCN

February 15, 2011 15:46 ET

Leisure Canada Inc. Appoints New Director and Chair of the Audit Committee

TORONTO, ONTARIO--(Marketwire - Feb. 15, 2011) - Leisure Canada Inc. (TSX VENTURE:LCN) (the "Company"), a Canadian corporation with three large-scale luxury real estate projects under development in Cuba, announces the appointment of Ronald Singer, FCA as Director and Chair of the Audit Committee.

"On behalf of Leisure Canada and its Board of Directors, we are pleased to welcome Mr. Singer to our Board," said Ned Goodman, Chairman of the Company's Board of Directors.

The Board now consists of Ned Goodman as Chairman, Robin Conners as President and CEO, Brahm Gelfand, David Oliver and Ronald Singer.

About Leisure Canada Inc.

Leisure Canada Inc. is a publicly traded company, incorporated under the laws of Ontario and listed on the TSX Venture Exchange under the symbol "LCN". The Company is engaged in the business of developing hotel, resort and commercial properties in Cuba through its wholly-owned subsidiary, Wilton Properties Ltd. ("Wilton"), in joint venture with Grupo Hotelero Gran Caribe S.A. ("Gran Caribe"), an agency of the Cuban government.

For further information on the Company please visit our website at www.leisurecanada.com. The Company's public filings, including its most recent audited consolidated financial statements, can be reviewed on the SEDAR website (www.sedar.com).

This news release may contain forward-looking statements and information within the meaning of applicable securities legislation. These forward-looking statements reflect management's current expectations, estimates, projections, beliefs and assumptions that were made using information currently available to management. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "expect," "plan," "anticipate," "believe," "intend," "estimate," "predict," "forecast," "outlook," "potential," "continue," "should," "likely," or the negative of these terms or other comparable terminology. Although management believes that the anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information because they involve assumptions, known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements and information.

On Behalf of the Board of Directors

Robin Conners, President and CEO

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy and accuracy of this release.

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