BK Canadian Banc Corp

Dividend Select 15 Corp. announces the filing of a final prospectus to offer up to 25,000,000 equity shares at a price of $10.00 per share.

Dividend Select 15 Corp. will invest in a portfolio of 15 Canadian companies selected from the following 20 company universe which are among the highest Canadian dividend yielding stocks.

Bank of Montreal         Great-West Lifeco Inc.    TELUS Corporation
BCE Inc.                 Husky Energy Inc.         The Bank of Nova Scotia
CIBC                     National Bank of Canada   The Toronto-Dominion Bank
CI Financial Corp.       Power Corporation of      Thomson Reuters
                         Canada                    Corporation
Enbridge Inc.            Royal Bank of Canada      TMX Group Inc.
EnCana Corporation       Shoppers Drug Mart        TransAlta Corporation
                         Corporation
                         Sun Life Financial Inc.   TransCanada Corporation

The investment objectives are to provide shareholders with i) monthly cash distributions and ii) the opportunity for capital appreciation.

The initial distribution target is to pay regular monthly distributions of $0.0583 per share to yield 7.00% per annum on the original issue price of the shares. Distributions are expected to be in the form of Canadian eligible dividends and/or capital gains dividends.

The portfolio weightings will be actively managed based on the Manager's assessment of which companies provide the most stable dividend yields and attractive growth potential. The Company will also engage in an active covered call writing program to provide an additional source of income to the portfolio and to capitalize on volatility in the underlying portfolio companies.

The closing of this issue and the listing of Dividend Select 15 Corp. on the TSX is expected to be on or about November 18, 2010. The shares will be listed on the Toronto Stock Exchange under the symbol DS.

The syndicate of agents is being co-led by Scotia Capital Inc., CIBC World Markets Inc., RBC Dominion Securities Inc. and includes BMO Nesbitt Burns Inc., National Bank Financial Inc., TD Securities Inc., HSBC Securities (Canada) Inc., Raymond James Ltd., Canaccord Genuity Corp., Dundee Securities Corporation, Macquarie Capital Markets Canada Ltd., Wellington West Capital Markets Inc., Desjardins Securities Inc. and Manulife Securities Incorporated.

Contacts: Dividend Select 15 Corp. Investor Relations 416-304-4443 or toll free at 1-877-4-Quadra (1-877-478-2372) www.dividendselect15.com