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GC-Global Capital Corp. Announces Private Placement Financing


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January 09, 2012 16:05 ET

GC-Global Capital Corp. Announces Private Placement Financing

TORONTO, ONTARIO--(Marketwire - Jan. 9, 2012) - GC-Global Capital Corp. ("Global Capital") (TSX VENTURE:GDE.A) announces today that it has received TSX Venture Exchange approval of a non-brokered private placement of 1,333,332 subordinate voting shares at a price of $0.30 per share for total gross proceeds of $400,000. The proceeds of the financing will be used for general working capital purposes. The subordinate voting shares issued will be subject to a four-month hold period.

About GC-Global Capital Corp.

Global Capital is a merchant bank, which provides bridge loan services, to companies across many industries such as oil & gas, mining, real estate, manufacturing, retail, financial services, technology and biotechnology.

Neither the 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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.




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