MAX PINS K Y*
Barrister & Solicitor
File No.: 7325/001
March 29, 2010
VIA SEDAR
BRITISH COLUMBIA SECURITIES COMMISSION
12" Floor — 701 West Georgia Street
Vancouver, BC
V7Y 1L2
Dear Sirs/Mesdames:
Re: JBZ CAPITAL INC. (the “Company”) Material Change Report, SEDAR Project #01536754
We are filing the News Release dated February 23, 2010 that was inadvertently missed and corresponding Material Change Report.
Yours truly,
MAX PINSKY PERSONAL LAW CORP.
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PER:
Max Pinsky, Solicitor
Encls.
Suite 1780 — 400 Burrard Street, Vancouver, British Columbia, V6C 3A6 Canada Telephone: (604) 689-9930 Facsimile: (604) 689-9940 Email: [email protected]
*Personal Law Corporation
JBZ CAPITAL INC.
TSX-V TRADING SYMBOL: JBZ.P February 23, 2010
News Release
4JBZ Capital Inc.
and Change in Board of Directors
4JBZ Capital Inc. (the “Company”) announces that, in connection with its proposed qualifying transaction, announced on September 4, 2009, consisting of the acquisition of all of the assets used by the direct sensing division of Trenchless Specialties Inc., a wholly owned subsidiary of Precision Assessment Technology Corporation, the parties have mutually agreed not to proceed with the transaction.
The Company is also pleased to announce the appointment of Jeffrey Giesbrecht to its board of directors. Mr. Giesbrecht is a former General Counsel/Secretary of then TSX listed Western Silver Corporation and was actively involved in the $1.4 billion acquisition of Western Silver by Glamis Gold Ltd.
In addition, the Company announces that Brent Lokash, director, has been appointed President of the Company to replace Robert Nowack, who has resigned as a director and officer; Georgina Martin has been appointed CFO of
the Company to replace Kimmo Sjoroos, who has resigned as an officer and Joseph Guiffre has resigned asa director.
The Company is actively engaged in seeking exceptional business ventures to acquire for its qualifying transaction.
For further information please contact: Brent Lokash, President
Tel: (604) 862 5190
This press release contains certain forward-looking statements that reflect the current views and/or expectations of JBZ Capital Inc. with respect to performance, business and future events. Such statements are subject toa number of risks, uncertainties and assumptions. Actual results and events may vary significantly from those disclosed
herein. Investors are cautioned not to rely on these forward-looking statements. JBZ Capital Inc. does not undertake to update these forward-looking statements.
Neither the 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.