GC-Global Capital Corp.
TSX VENTURE : GDE.A

GC-Global Capital Corp.

March 24, 2010 16:30 ET

GC-Global Capital Corp. Announces the Renewal of Its Normal Course Issuer Bid

TORONTO, ONTARIO--(Marketwire - March 24, 2010) - GC-Global Capital Corp. (TSX VENTURE:GDE.A) ("Global Capital") announces that it has been authorized by the TSX Venture Exchange ("TSXV") to make a normal course issuer bid. Global Capital intends to purchase from time to time, if and to the extent Global Capital considers advisable, up to a maximum 943,168 subordinate voting shares out of the total 18,863,360 issued and outstanding on March 24, 2010. The number of shares proposed to be acquired represents approximately 5% of the total number of the issued and outstanding subordinate voting shares. The bid will commence on April 3, 2010 and end on April 2, 2011.

The shares will be purchased in the open market through the facilities of the TSXV. The purchased shares are to be cancelled. All purchases are to be settled in accordance with normal settlement procedures of the TSXV. Purchases pursuant to the bid will be made by Jones, Gable & Company Limited on behalf of Global Capital. Global Capital has a policy of maintaining a normal course issuer bid on its subordinate voting shares. Through a normal course issuer bid during the period April 3, 2009 to March 24, 2010 Global Capital purchased 198,400 subordinate voting shares at an average cost of $0.47.

About Global Capital

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. For further information, please visit Global Capital's website at www.gcglobalcapital.ca.

"The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release."

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