RCC Holdings Corp fka RCCH

[Jim Bishop]

TSX Venture CPC's:

http://www.tsx.com/en/listings/listing_with_us/ways/capital_company.html

Phase 2 - The Qualifying Transaction

Announcing the acquisition:

Within 24 months, the CPC identifies an appropriate business as its "qualifying transaction" and issues a news release to announce that it has entered an agreement in principle to acquire the business.

The CPC prepares a draft filing statement or information circular providing prospectus-level disclosure on the business that is to be acquired.

TSX Venture reviews the disclosure document and evaluates the business to ensure it meets minimum listing requirements.


Closing the deal:

As shareholder approval is typically not required, the filing statement is posted on SEDAR for at least seven business days, after which the qualifying transaction closes and the business is acquired.

Additional components of the deal often include the following: name change and private placement coinciding with the closing of the qualifying transaction.

The .P from the ticker symbol is removed and the company now trades as a regular TSX Venture listed company.