RAP ACQUISITION CORP. ANNOUNCES CONTINUANCE UNDER THE CANADA BUSINESS CORPORATIONS ACT

TORONTO, May 17 /CNW/ - RAP Acquisition Corp. (the "Company" NEX: RAP.H) is pleased to announce that, effective May 13, 2011, it has been continued as a federal corporation subject to the provisions of the Canada Business Corporations Act. The continuance was approved by the shareholders of the Company at the Company's annual and special shareholder meeting held on June 15, 2010.

About RAP

RAP is a corporation governed by the policies of the TSX Venture Exchange and listed on the NEX. RAP's current business is the identification and evaluation of assets or businesses with a view to completing a business combination.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE RAP Acquisition Corp.

For further information:

Ronald Schmeichel, Director of RAP Acquisition Corp. at 416-972-6574

Profil de l'entreprise

RAP Acquisition Corp.

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