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The shareholders of Capital BLF Inc. approve a ";rolling"; stock option plan and the Corporation announces the granting of 1,22

^{Published on 2009-06-09 06:33:53, Last Modified on 2009-06-09 06:34:55 - Market Wire}
 

 MONTREAL, June 8 /CNW Telbec/ - Capital BLF Inc. (TSX-V : BLF) (the "Corporation") announces that its shareholders approved a "rolling" stock option plan (the "Option Plan") at the annual and special meeting of the Corporation held on June 5, 2009. The Option Plan, which is effective since June 5, 2009, authorizes the issuance of a number of shares that is equal to 10% of the aggregate number of shares of the Corporation issued and outstanding from time to time. The Option Plan must receive shareholders' approval annually at the annual general meeting of the Corporation. A copy of the Option Plan will be available on the website of SEDAR at [ www.sedar.com ]. The Corporation granted options, on June 5, 2009, pursuant to the Option Plan to its officers, directors, employees and consultants. The Corporation granted 1,220,000 options out of a total of 1,220,859 options reserved under the Option Plan. The exercise price of the options has been set at $0.065 per share, being the closing price of the Corporation's shares on June 4, 2009 upon closing of the markets. These 1,220,000 options have been granted and distributed as follows: ------------------------------------------------------------------------- Name Position Number ------------------------------------------------------------------------- Claude Blanchet President, Chief Executive Officer 550,000 and Director ------------------------------------------------------------------------- Pierre Laflamme Director 130,000 ------------------------------------------------------------------------- Pierre L. Martel Chief Financial Officer, Secretary and 50,000 Director ------------------------------------------------------------------------- François Bourbonnais Director 50,000 ------------------------------------------------------------------------- Dino Fuoco Director 70,000 ------------------------------------------------------------------------- Philippe Morin Director 50,000 ------------------------------------------------------------------------- Frank A. Dottori Director 50,000 ------------------------------------------------------------------------- Marc Marois Chief of Operations 200,000 ------------------------------------------------------------------------- Employees and 70,000 consultants ------------------------------------------------------------------------- These options can be exercised until June 5, 2014 inclusively and each option allows its holder to subscribe to one share of the Corporation. In addition, the Corporation is pleased to announce the appointment of Mr. Marc Marois, as Chief of Operations, said appointment having taking effect on June 5, 2009. Mr. Marois obtained in 1985 a B.A.A. (Bachelor in Business Administration) from the Université Laval and has business experience in the area of real estate, particularly in the management of residential rental properties, and in the area of management consulting. About Capital BLF Inc. Capital BLF Inc. is a corporation that solely invests in revenue-generating residential properties and is initially concentrating its efforts on properties located in the Province of Quebec. The Corporation owns two residential properties located respectively at 3465 and 3475 Ridgewood Avenue in Montreal. A complete description of the business of the Corporation can be found in the Filing Statement of the Corporation dated March 20, 2008. which is also available on the website of SEDAR at [ www.sedar.com ]. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

For further information: Mr. Pierre L. Martel, Chief Financial Officer and Secretary, (514) 238-2199