Captain Canuck movie in the works?

I remember picking up the first issue of this mag in 1975, thinking what IS this? Finding a superhero title not published by DC or Marvel on my local spinner rack was unheard of.

Movie details:

Captain Canuck is the Canadian superhero launched in 1975 as a comic book by Comely and, after the second issue, by fellow artist George Freeman. The Captain Canuck franchise has been optioned many times over the years as a possible TV series or movie.

Now Comely says he has deal with an unnamed Canadian movie producer to be unveiled as early as next week that will give his Captain Canuck character long-sought big screen treatment.

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