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Currency Exchange International, Corp. Announces Strategic Review of Exchange Bank of Canada

Provided By GlobeNewswire

Last update: Jan 8, 2025

TORONTO, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Currency Exchange International, Corp. (“CXI” or the “Company”) (TSX: CXI) (OTC: CURN), announced today that a Special Committee of independent directors is actively considering a range of strategic options for its wholly-owned subsidiary, Exchange Bank of Canada (“EBC”), a federally chartered non-deposit-taking Canadian Schedule I bank. The strategic review aims to explore opportunities to maximize long-term value for shareholders and focus the Company’s resources towards its profitable U.S. operations.

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