Canadian Banc Recovery Corp. (formerly Prime Rate Plus Corp) ("the Company") announces that its annual financial statements and management report of fund performance for the period ended November 30, 2010 are now available at www.sedar.com and the Company's website at www.primerateplus.com.

Contacts: Canadian Banc Recovery Corp. Investor Relations 416-304-4443 or toll free: 1-877-4-Quadra (1-877-478-2372) www.primerateplus.com

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