CIVC proposes warrant extension

    




 Trading Symbols:  TSX Venture Exchange: CQV 

 ST. JOHN'S, NL, Aug. 7, 2012 /CNW/ - Canadian Imperial Venture Corp.  ("CIVC" or the "Company") announces that it proposes to extend the term  of certain common share purchase warrants in the capital of the  Company, which were issued through private placements in 2009 and 2010  (the "Warrants").  The 2009 Warrants were previously extended in 2011  for one year. 

 Each Warrant shall remain exercisable at $0.10 per share but the term  shall be extended for an additional 12 months, as follows:   





    (a) 14,000,000 Warrants shall be amended to expire July 30, 2013;

    (b) 5,750,000 Warrants shall be amended to expire August 23, 2013;

    (c) 1,250,000 Warrants shall be amended to expire September 7, 2013;

    (d) 10,500,000 Warrants shall be amended to expire October 13, 2013;

    (e) 11,500,000 Warrants shall be amended to expire October 29, 2013;
        and

    (f) 8,000,000 Warrants shall be amended to expire November 12, 2013.






  

 The application to amend the Warrants is subject to its acceptance by  the TSX Venture Exchange and the Company makes no assurances that the  required acceptance for the extension of the term of the Warrants will  be accepted. 

 Canadian Imperial Venture Corp. is an independent Canadian-based  resource company. 

 CANADIAN IMPERIAL VENTURE CORP. 

 "Gerard Edwards" Gerard Edwards Chief Executive Officer 

  THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT  RESPONSIBILITY FOR THE ACCURACY OF THIS PRESS RELEASE.  This release includes certain forward looking statements which reflect  beliefs, expectations, objectives and goals which are believed to be  reasonable at the time such statements are made.  Actual results could  differ materially from anticipated results and may be impacted upon  such factors as commodity prices, political developments, legal  decisions, market and economic conditions, industry competition, the  weather, changes in financial markets and changing legislation. 

   

   

CANADIAN IMPERIAL VENTURE CORP.


CONTACT:  Canadian Imperial Venture Corp.P.O. Box 6232, Stn. "C"St. John's, NL   A1C 6J9Tel.:  [phone] / Fax:  [phone]E-mail: [e-mail] / website: www.canadianimperial.com 


    

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