CNR Capital Corporation Announces grant of options



    TORONTO, March 6 /CNW/ - CNR Capital Corporation (the "Corporation")
(trading symbol "PY.P"), a capital pool company, announced today that it has
granted options to acquire 488,000 shares in the capital of the Corporation
effective March 5, 2008 to officers and directors of the Corporation at an
exercise price of $0.25 per share for a term ending on June 18, 2011. Included
in the grant are options to acquire 244,000 shares to Jeffrey Dawson,
122,000 shares to John Robins and 122,000 shares to John Williamson who are
all directors of the Corporation. The options have been granted in replacement
for options previously granted to other directors and officers of the
Corporation which were cancelled as part of previously announced arrangements
with them.
    The principal business of the Corporation is the identification and
evaluation of assets or businesses with a view to completing a "Qualifying
Transaction".

    THE TSX VENTURE EXCHANGE INC. HAS NOT REVIEWED AND DOES NOT ACCEPT
    RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

    %SEDAR: 00023078E




For further information:

For further information: contact Mr. Jeffrey Dawson at: Telephone: (416)
932-8858, E-mail: jeffrey.dawson@rogers.com

Organization Profile

CNR CAPITAL CORPORATION

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