Canadian Banc Corp. ("the Company") declares its monthly distribution of
$0.10950 for each Class A share and $0.04167 for each Preferred share.
Distributions are payable June 10, 2014 to shareholders on record as of May 30,
2014.


Under the distribution policy announced September 17, 2013, the monthly dividend
payable on the Class A shares is determined by applying a 10% annualized rate on
the volume weighted average market price (VWAP) of the Class A shares over the
last 3 trading days of the preceding month. As a result, Class A shareholders of
record on May 30, 2014 will receive a dividend of $0.10950 per share based on
the VWAP of $13.14 over the last 3 trading days in April, payable on June 10,
2014. The yield will remain stable at 10% (based on the VWAP) under this new
distribution policy.


There were no changes to the Preferred Share dividend policy or the Class A
dividend threshold policy. Preferred shares continue to receive prime plus 0.75%
with a minimum rate of 5%.


Since inception Class A shareholders have received a total of $7.75 per share
and Preferred shareholders have received a total of $4.86 per share inclusive of
this distribution, for a combined total of $12.61 per unit.


The Company invests in a portfolio of six publicly traded Canadian Banks as
follows: Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of
Canada, Royal Bank of Canada, Bank of Nova Scotia, Toronto- Dominion Bank.
Shares held within the portfolio are expected to range between 5-20% in weight
but may vary at any time. To generate additional returns above the dividend
income earned on the portfolio, The Company will engage in a selective covered
call writing program.




Distribution Details:                                                       
Class A Share (BK)                                                  $0.10950
Preferred Share (BK.PR.A)                                           $0.04167
Ex-Dividend Date:                                               May 28, 2014
Record Date:                                                    May 30, 2014
Payable Date:                                                  June 10, 2014



FOR FURTHER INFORMATION PLEASE CONTACT: 
Canadian Banc Corp.
Investor Relations
416-304-4443
Toll Free: 1-877-4-Quadra (1-877-478-2372)
www.canadianbanc.com
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