SPV.P Spvc Capital (Tier2)

SPVC Capital Corporation (TSX VENTURE:SPV.P) (the "Corporation"), a capital pool
company, today announced that it intends to seek the consent of the shareholders
at the Corporation's special meeting to be held on June 30, 2010 to adjourn the
special meeting. Assuming the Corporation obtains the requisite consent to
adjourn the special meeting, the special meeting of shareholders to approve the
pending qualifying transaction with Pro-Trans Ventures Inc. ("Pro-Trans") and
subsequent dissolution will be reconvened at a time and place to be set at the
special meeting.


The adjournment is requested to provide Pro-Trans with additional time to file
its filing statement in respect of its qualifying transaction on SEDAR. Once the
filing statement has been filed on SEDAR, the shareholders of SPVC will have
access to additional information regarding Pro-Trans that will enable the
shareholders to make a better informed decision about the approval of the
qualifying transaction between the Corporation and Pro-Trans.


Assuming the Corporation obtains the requisite consent to adjourn the special
meeting, the record date for the meeting will remain May 31, 2010 and
shareholders who have previously submitted their proxy or otherwise voted and
who do not want to change their vote need not take any action.

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