TORONTO, March 27 /CNW/ - CNR Capital Corporation (the
"Corporation")(trading symbol "PY.P") announced today that effective March 26,
2008, pursuant to the terms of a share purchase agreement between John Robins,
John Williamson, both directors of the Corporation (collectively, the
"Purchasers"), and Dawson Capital Corporation ("DCC"), an aggregate of
800,000 common shares in the capital of the Corporation (the "Shares") have
been transferred by DCC to the Purchasers. DCC is a private investment
corporation and the sole officer, director and shareholder is Jeffrey Dawson,
the Chief Executive Officer, Chief Financial Officer, and a director of the
Corporation. As a result of this transfer, each Purchaser now holds 7.43% of
the common shares in the capital of the Corporation.
The Shares acquired by the Purchasers are subject to escrow in accordance
with the policies of the TSX Venture Exchange Inc. (the "Exchange") and
accordingly, such Shares may only be dealt with in accordance with the
policies of the Exchange.
THE TSX VENTURE EXCHANGE INC. HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
For further information:
For further information: Jeffrey Dawson, Chief Executive Officer, Chief
Financial Officer, Director, at: Telephone: (416) 932-8858, E-mail: