Chrysalis Capital VII Corporation announces appointment of director

TSX Venture Exchange Symbol: SEV.P

TORONTO, Feb. 25 /CNW/ - Chrysalis Capital VII Corporation (the "Corporation") is pleased to announce that Mr. Daniel Shields has been appointed as a director of the Corporation, effective today, subject to final approval of the TSX Venture Exchange.

Mr. Shields has significant expertise in financial management, corporate M&A, capital management and strategic development. Mr. Shields' industry experience includes telecommunications, wireless technology, media, publishing, food and bakeries, and oil and gas. Mr. Shields is a MBA graduate of the Richard Ivey School of Business and is also a professional engineer. Mr. Shields will be appointed as Audit Committee Chairman.

ABOUT CHRYSALIS CAPITAL VII CORPORATION

Chrysalis Capital VII Corporation is The Chrysalis Capital Group Inc.'s ("TCCG") seventh capital pool company ("CPC"). TCCG is entirely focused on generating superior shareholder returns through the creation of a series of unique CPCs. To date, TCCG has created seven Chrysalis branded CPCs and has assisted in the creation of four additional CPCs under TCCG's partners program. For more information about TCCG, please visit www.tccg.ca.

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

Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation. Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

SOURCE CHRYSALIS CAPITAL VII CORPORATION

For further information: For further information: Marc Lavine, Chairman, Robert Munro, Chief Executive Officer and Chief Financial Officer, Chrysalis Capital VII Corporation, t: (877) 272-4073, e: contact@tccg.ca, w: www.tccg.ca

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CHRYSALIS CAPITAL VII CORPORATION

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