GTA CorpFin Capital Inc.

June 16, 2010 08:33 ET

GTA CorpFin Capital Inc. Receives Extension to Complete Its Qualifying Transaction

BURLINGTON, ONTARIO--(Marketwire - June 16, 2010) - GTA CorpFin Capital Inc. ("GTA") (TSX VENTURE:GTA.P), a capital pool company, has received an extension from the TSX Venture Exchange (the "Exchange") to complete its proposed qualifying transaction previously announced on April 16, 2010 (the "Transaction"). The Exchange has granted an extension until the close of business on June 23, 2010 for GTA to complete its qualifying transaction in a complete and satisfactory manner for the Exchange to issue the Final Exchange Bulletin.

Information for Investors

This press release may include statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. GTA cautions that actual performance will be affected by a number of factors, many of which are beyond its control. Future events and results may vary substantially from what GTA currently foresees. Discussion of the various factors that may affect future results is contained in GTA's recent filings, available on SEDAR.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

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