Capital Alliance (CPT)

[Ed Monton]

Capital Alliance agreement for CIBT interest


2007-05-16 16:42 ET - Acquisition

The TSX Venture Exchange has accepted for filing documentation relating to the acquisition of most of the outstanding shares of Capital Alliance Group Inc.'s subsidiary, CIBT School of Business & Technology Corp., from CIBT's minority shareholders for consideration of 4,853,113 shares.


Insiders: Toby Chu 200,000; Concordia Financial Management Corp. (Toby Chu) 29,400; Golden Field Company Profit Sharing Plan (David Kar-Ding Hsu and King Mui To Hsu) 735,000; Grande Dame Nevada LLC (David Kar-Ding Hsu and King Mui To Hsu) 370,440; David Kar-Ding and Ming Mui 142,100; To Hsu Tim Leong 178,000; Troy Rice 441,000