December 17, 2008 at 16:00 PM EST
Appointment of New Director and Resignation of Mr. Mark Glaser from the BOD

Capital Reserve Canada (“CRC” or “the Company) is pleased to announce the appointment of Mr. Michael G. Dolinski M.Sc., M.P.M. to the Board of Directors. Mr. Dolinski was trained as an entomologist and held the position of Provincial Entomologist during most of his 32-year career with Alberta Agriculture, Food, and Rural Development. He has chaired many Provincial and National Committees during his career, and the first World Organic Conference in London U.K. in 2000. Mr. Dolinski has provided consulting and training services in pest management and organic agriculture production across Canada and the Northern US through Agri-Trend Agrology, the largest agricultural consulting company in North America, which has also developed a system to measure carbon sequestration and market carbon credits to large carbon dioxide emitters.

CRC would like to thank Mr. Mark Glaser for his services to the Board of Directors over the last year as the company has moved through this phase of development. Mr. Glaser agreed to a one year appointment to the Board and we thank him for all his appreciated input. Mr. Glaser remains a large shareholder in CRC.

About CRC

CRC is an oil and gas services company based in Edmonton, Alberta. Through their wholly owned subsidiary, Behral Canada Inc., the Company provides a full range of products to the Oil & Gas Industry. Our focus leads us in the direction of building partnerships and strategic alliances for long-term growth with in these sectors. The Company has a second wholly owned subsidiary, Two Hills Environmental, to assist with the storage CO2 and provide underground storage for problem waste from oil & gas companies.

Cautionary Note Regarding Forward-Looking Statements

Statements in this press release regarding the company’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. The company wishes to caution readers not to place undue reliance on such forward-looking statements and as such, speak only as of the date made. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, but not limited to, those discussed in the Company’s latest 20-F dated July 07th, 2008.

Contacts:

Capital Reserve Canada, Ltd.
Investor Relations:
email: ir@capitalreservecanada.com
Website: http://www.capitalreservecanada.com
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here