SPVC Capital Corporation Announces Extension of Time Period for Completion of a Qualifying Transaction

* Reuters is not responsible for the content in this press release.

Mon Nov 9, 2009 3:11pm EST 

  SASKATOON, SASKATCHEWAN, Nov 09 (MARKET WIRE) -- 
SPVC Capital Corporation (TSX VENTURE: SPV.P) (the "Corporation"), a
capital pool company, announced today that it has been granted an
extension of the Corporation's deadline to complete a qualifying
transaction from November 6, 2009 to March 31, 2010.

    The Corporation was unable to complete a qualifying transaction within
the prescribed time period pursuant to Policy 2.4 of the TSX Venture
Exchange (the "Exchange") and applied to the Exchange for an extension.
The Exchange granted an extension to March 31, 2010 in accordance with
the Exchange bulletin dated September 11, 2009 describing temporary
relief measures for current market conditions.

    The TSX Venture Exchange has not reviewed or approved the contents of
this press release and does not accept responsibility for the adequacy or
accuracy of this press release.

Contacts:
SPVC Capital Corporation
Charles Lepage, President,
Chief Executive Officer and Chief Financial Officer
(306) 291-4555

Copyright 2009, Market Wire, All rights reserved.

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