Another TSX.V listed Capital Pool Company (CPC) bows to defeat.

Red Rock Capital Corp. failed to complete a qualified transaction within the required 24 months and ousted from TSX.V Tier 2 to the NEX platform. Its trading symbol will reflect the fall with a change from RCC.P to RCC.H. The company will now be subject to restrictions on share issuances and certain types of payments allowed. Now the task will be much tougher in the present market.

This is an all too common fate for CPC investors on the TSX.V.