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(fr) CAPVEST Income Corp. Announces Jack McOuat Elected to Board of Directors

(fr) CAPVEST Income Corp. (the “Company”) is pleased to announce that Jack McOuat, P.Eng. has been elected to the Board of Directors.

Mr. McOuat is a founding partner of Watts, Griffis and McOuat Limited, a world-renowned mining consulting firm, and has been involved in the discovery and development of many major mineral deposits around the globe. His directorships include numerous mining companies and NCE Flow-Through Limited Partnerships.

“Jack’s extensive and varied experience in the mining industry, as well as the relationships he has developed over a 50-year career, will be a great complement to our board’s existing expertise,” said John F. Driscoll, President of CAPVEST Income Corp. “We look forward to his contributions in helping build our company.”

CAPVEST Income Corp. is an investment corporation that seeks to provide shareholders with superior rates of return through investments in commodity-related securities and futures. Shares of CAPVEST trade on the Toronto Venture Exchange under the symbol CVS.

CONTACT INFORMATION:Investor Services (investor inquiries) Tel: 1-888-246-6656 Fax: 416 364-1197 Brian McOstrich (media inquiries)Tel: 1-888-246-6656 Fax: 416 364-1197

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