Chrysalis V Announces Details of Qualifying Transaction and Closing of $1m Private Placement

Chrysalis Capital V Corporation (CV.P - TSX Venture), ("Chrysalis V" or the "Corporation") is pleased to provide further details regarding the proposed qualifying transaction (the "Proposed Transaction") with Enssolutions Ltd. (formerly Entac Emulsion Products Inc.) ("Enssolutions") and its principal shareholders, previously announced on March 28, 2008.

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