SPV.P Spvc Capital (Tier2)

SPVC Capital Corporation (TSX VENTURE:SPV.P) (the "Corporation"), a capital pool
company, today announced that it has received a conditional extension from the
TSX Venture Exchange (the "Exchange") to its delisting date from June 30, 2010
to July 28, 2010. The extension was granted to provide additional time for the
Corporation to receive final Exchange approval for the Corporation's proposed
qualifying transaction with Pro-Trans Ventures Inc. The extension is conditional
upon the Corporation providing confirmation to the Exchange, no later than July
9, 2010, that either:




1.  all Seed Shares purchased by Non-Arms Length Parties to the CPC at a
    discount to the IPO price, as such terms are defined in Exchange
    policies, have been cancelled; or 
2.  subject to majority shareholder approval, an amount of the Seed Shares
    purchased by Non- Arm's Length Parties to the CPC has been cancelled so
    that the average cost of the remaining Seed Shares is at least equal to
    the IPO price. 



If the Corporation fails to provide evidence that the required Seed Shares have
been cancelled by the July 9, 2010 deadline date, the shares of the Corporation
may be delisted from the Exchange without notice.


For further information regarding the proposed qualifying transaction with
Pro-Trans Ventures Inc. please see the press release from the Corporation dated
May 28, 2010.

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