SOURCE: Serebra Learning Corporation

July 16, 2007 16:17 ET

Serebra Appoints New Director, Grants Options and Approves Management Financing

VANCOUVER, BC--(Marketwire - July 16, 2007) - Serebra Learning Corporation (TSX-V: SLC), a leading global provider of e-learning solutions, is pleased to announce the addition of Michael Meyers to its Board of Directors, effective immediately. Mr. Meyers is a BC lawyer and the President of Running Fox Resource Corp. (TSX-V: RUN) (PINKSHEETS: RFXRF) (Frankfurt: C8Q).

The Board of Directors has approved the grant of 200,000 incentive stock options to its new director, exercisable at 25 cents for a period of two years.

Additionally, the new director has subscribed for 200,000 units at 25 cents, with each unit being comprised of one common share and a warrant to purchase a further common share at an exercise price of 35 cents in the first year and 50 cents in the second year.

The above are subject to TSX Venture Exchange approval.

On Behalf of the Board of Directors,
SEREBRA LEARNING CORPORATION

Ted Moorhouse
President and CEO
About Serebra Learning Corporation

Serebra Learning Corporation has a 20-year track record using the latest technology to deliver innovative personal and professional development courses to individuals and companies worldwide. Through EasyLearning, Serebra allows people in developing nations to gain valuable skills and qualifications. Through Serebra Connect, Serebra provides access to jobs for EasyLearning graduates, and other qualified individuals. For more information, visit www.serebra.com or call 800 567-7766.

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

Contact Information

  • For further information, please contact:

    Ted Moorhouse
    President & CEO
    Serebra Learning Corporation
    Telephone: 604-676-5480
    Facsimile: 604-676-5490
    Toll Free: 1-800-567-7766
    Email: Email Contact