Jovian Issues Employee Stock Options

TORONTO, Aug. 12 /CNW/ - Jovian Capital Corporation ("Jovian") (JOV: TSX) announces that it has issued a total of 103,000 five-year stock options to a total of 16 employees. These options are exercisable at a price of $8.90 per share, vesting equally over a period of three years.

These options are a key part of Jovian's endeavour to provide the right incentive packages to attract, retain and engage key talent as owners of Jovian.

About Jovian Capital Corporation (www.joviancapital.com)

Jovian acquires, creates and grows financial services companies specializing in wealth and asset management. The Jovian group of companies (AlphaPro Management Inc., BetaPro Management Inc., Horizons Exchange Traded Funds Inc., Hahn Investment Stewards & Company Inc., Horizons Funds Inc., JovInvestment Management Inc., Leon Frazer & Associates Inc., MGI Financial Inc., MGI Securities Inc., MGI Securities (USA) Inc. and T.E. Wealth) manages $11.5 billion of client assets ($6.5 billion in assets under management and $5.0 billion in assets under administration). Additional information is available at www.sedar.com.

For further information: Don Sangster, Investor Relations, Jovian Capital Corporation, [phone]; or Mark Arthur, President, Jovian Capital Corporation, [phone]