Chrysalis Capital VII Corporation Option Grants

Chrysalis Capital VII Corporation Option Grants

Toronto, Ontario CANADA, March 03, 2009 /FSC/ - Chrysalis Capital VII Corporation (SEV.P - TSX Venture), announces the grant of stock options to certain officers and directors. Options to purchase up to 60,000 common shares were granted to officers and directors of the Corporation at an exercise price of $0.25 per share. The options shall expire on August 24, 2013.

ABOUT CHRYSALIS CAPITAL VII CORPORATION

Chrysalis Capital VII Corporation is The Chrysalis Capital Group Inc.'s ("TCCG") seventh capital pool company ("CPC"). TCCG is entirely focused on generating superior shareholder returns through the creation of a series of unique CPCs. To date, TCCG has created seven Chrysalis branded CPCs and has assisted in the creation of four additional CPCs under TCCG's partners program. For more information about TCCG, please visit www.tccg.ca.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

Certain information in this press release may constitute forward-looking information.  This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation.  Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

For more information, please contact:

Marc Lavine, Chairman
Robert Munro, Chief Executive Officer and Chief Financial Officer
Chrysalis Capital VII Corporation
t: (877) 272-4073
e: contact@tccg.ca
w: www.tccg.ca



Source: Chrysalis Capital VII Corporation (SEV.P - TSX-V) http://www.tccg.ca
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