GC-Global Capital Corp. Announces the Resignation of a Board of Director
September 17 2010 - 3:30PM
Marketwired
GC-Global Capital Corp. ("Global Capital") (TSX VENTURE: GDE.A)
announced today that Mr. Michael Bloudoff has resigned from the
Board of Directors. Mr. Bloudoff has resigned for personal reasons
after serving the Board since August, 2003.
Mr. Jason Ewart, Chief Executive Officer, commented "I wanted to
personally thank Michael for his contribution as a member of the
Board of Directors since the launching of our operations eight
years ago and wish him best of luck in his future endeavors."
About GC-Global Capital Corp.
Global Capital is a merchant bank which provides bridge loan
services (asset back/collateralized financing), to companies across
many industries such as oil & gas, mining, real estate,
manufacturing, retail, financial services, technology and
biotechnology. In 2009, the Company launched the GC-Global Capital
Lending Partners Limited Partnership (the "Fund") which provides
secure bridge loans to micro-cap and small-cap companies. The
Fund's investment objective is to provide investors with a high
yield and the preservation of capital. As the General Partner of
the Fund, Global Capital participates along side the fund in these
bridge loan transactions and receives a management fee and
performance bonus for its services.
Forward-Looking Information
These materials include certain "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. Other than statement of historical fact, all statements in
this material, including, without limitation, statements regarding
fair values of marketable securities, investments, bridge loans,
convertible debentures, estimated asset retirement obligations, and
future plans and objectives of the Company, are forward-looking
statements that involve various known and unknown risks,
uncertainties and other factors. There can be no assurance that
such statements will prove accurate. Actual results and future
events could differ materially from those anticipated in such
statements. Readers are cautioned not to place undue reliance on
these forward-looking statements that speak only as of the date of
these materials. Important factors that could cause actual results
to differ materially from the Company's expectations include,
without limitation, the level of bridge loans completed, the nature
and credit quality of the collateral security, the sufficiency of
cost estimates for remaining reclamation obligations as well as
those factors discussed in the Company's documents filed from time
to time with the TSX Venture Exchange, Canadian securities
regulators and other regulatory authorities. All subsequent written
and oral forward-looking statements attributable to the Company or
persons acting on its behalf are expressly qualified in their
entirety by this notice.
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.
Contacts: GC-Global Capital Corp. Jason G. Ewart (416) 488-7760
www.gcglobalcapital.ca
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