About Us

Our Mission

As a CPC the companies mandate is to acquire a project which is acceptable to its shareholders and the venture exchange and the securities commission. The company would be required to complete a shareholders meeting and acquire regulatory approval and then would become a fully listed Toronto venture exchange company.

Our Management

The board of directors and officers of the company have over 150 years of combined public company experience focused primarily on all aspects of mining and mineral development . The directors have extensive experience in raising funding in public companies for grass-root and advanced companies and this CPC will not be restricted to mining deals. Management is prepared to look at any industry where the new management and projects make commercial sense.

Gordon Chunnett – President and Director

Harry Barr – Director, Chairman, Chief Executive Officer, and Corporate Secretary

Robert Guanzon – Chief Financial Officer

John Londry – Director

Rockport Capital Share Structure

Shares Outstanding: 8,300,000*

Warrants Outstanding: 400,000

Options Outstanding: 666,667

Fully Diluted: 9,366,667

*4,300,000 held in escrow

Our Purpose as a CPC

The company was formed in early 2021 and completed a public offering in early August 2021.


CAPITAL POOL COMPANY PROGRAM
 – A UNIQUELY CANADIAN INVENTION

The Capital Pool Company (CPC) Program is a unique Canadian invention that supports earlier stage private companies to complete a go public transaction. A Qualifying Transaction is effectively a reverse takeover of a CPC by an operating business that will access the capital, shareholders and expertise of the CPC to complete a listing on the TSX Venture Exchange or Toronto Stock Exchange.

It is the most common way that companies go public on TSX Venture Exchange and the program has an incredible track record as an ingredient in the success of many companies that have grown to be leaders in the Canadian markets.


5 REASONS
 WHY CPC’S MAY MAKE SENSE FOR YOU

  1. Provides a going public process that has greater flexibility, more certainty and allows more control over the process by the company that is going public.
  2. With over 2000 Qualifying Transactions completed, the process of going public is well structured and understood by market participants.
  3. A Qualifying Transaction can mitigate certain market risks inherent in an IPO.
  4. Connects a growth company to experienced corporate directors that can be long-term investors and directors for the company that will help bridge the company to the public markets.
  5. The financing of the QT is not required to have the broad distribution of an IPO.


THE 2-STEP CPC PROCESS

  1. CPC Initial Public Offering – The CPC program introduces investors with financial market experience to entrepreneurs whose growth and development-stage companies require capital and public company management expertise. Unlike a traditional IPO, the CPC program enables seasoned directors and officers to form a Capital Pool Company with no assets other than cash and no commercial operations, list it on TSX Venture Exchange, and raise a pool of capital.
  2. Qualifying Transaction – The CPC then uses these funds to seek out an investment opportunity in a growing business. Once the CPC has completed its qualifying transaction and acquired an operating company that meets Exchange listing requirements, its shares continue trading as a regular listing on TSX Venture Exchange.

https://www.tsx.com/listings/listing-with-us/listing-guides/ways-to-list/capital-pool-company-cpc-program

Entrepreneurs with Projects that need a Public Vehicle

Management of Rockport Capital are actively seeking out entrepreneurs with suitable projects that need a public vehicle. Please present your project submittal info@newagemetals.com or call +1 613-659-2773