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TORONTO, Aug. 19 /CNW/ --
TORONTO, Aug. 19 /CNW/ - Further to Rapid Brands Inc.'s (the "Company")
(NEX: RAP.H) press release dated June 18, 2010, the Company announces
that on August 19, 2010 it has changed its name to RAP Acquisition Corp.
The change of name to RAP Acquisition Corp. was approved by the
shareholders of the Company at the Company's annual and special
shareholder meeting held on June 15, 2010.
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.
Forward Looking Statements
By their very nature, forward-looking statements involve inherent risks
and uncertainties, both general and specific, which give rise to the
possibility that predictions, forecasts, projections and other
forward-looking statements will not be achieved. We caution you not to
place undue reliance on these statements as a number of important
factors could cause our actual results to differ materially from those
expressed in such forward-looking statements. These statements are not
a guarantee of future performance and are subject to risks and
uncertainties that could cause actual results to differ materially
including management of market, liquidity and funding and operational
risks, the impact of changes in laws and enforcement thereof, the
strength of the overall economy, our ability to manage costs and other
variable operating expenses and other factors set forth in reports and
other documents filed with the relevant Canadian securities regulatory
authorities from time to time including our quarterly and annual
management discussion and analysis. We caution that the foregoing list
of factors that may affect future results is not exhaustive.
In addition, we have made assumptions in the preparation of this release
including that the operating requirements of our current business will
not materially change necessitating material change to our operating
expense structure. The foregoing assumptions, although considered
reasonable by us at the date of this release, could prove to be
inaccurate and consequently our actual results could differ materially
from expectations set out herein. This assumption covers significant
areas, but is not comprehensive in scope. Please see previously issued
documents to provide additional information and details as well as other
potential risks.
p align="justify"Ronald D. Schmeichel, Director, CEO and Secretary, RAP Acquisition Corp., Tel: 416 972-6294. Email: ron.schmeichel@jjrcapital.com/p