Global Alternative Investments Inc.
TSX VENTURE : GLI.P

Universal Infrastructure Corp.
TSX VENTURE : UIC.P

January 12, 2007 16:28 ET

Global Alternative Investments Inc. 'TSX-V: GLI.P' and Universal Infrastructure Corp. 'TSX-V: UIC.P' Begin Trading on TSX Venture Exchange, File September 30, 2006 Documents

TORONTO, ONTARIO--(CCNMatthews - Jan. 12, 2007) - Global Alternative Investments Inc. (TSX VENTURE:GLI.P) and Universal Infrastructure Corp. (TSX VENTURE:UIC.P) (the "Companies") are pleased to announce that on January 10, 2007, shares of both Companies began trading on the TSX Venture Exchange under the symbols GLI.P and UIC.P, respectively.

The Companies also announce the filing of their balance sheets, notes, and Management's Discussion and Analysis as of September 30, 2006. For completed details of all documents, please visit www.SEDAR.com.

As part of the Agency Agreement related to the Companies' recent initial public offering, the agent was granted a non-transferable option to purchase up to 150,000 Common Shares at $0.20 per share. The option will be exercisable at any time from issuance to 24 months from the date of listing of the Company's shares on the TSX Venture Exchange.

The Companies have established a stock option plan for the benefit of directors, officers and employees of and consultants and service providers to, the Companies. Each Company granted an aggregate of 215,000 options to purchase Common Shares that may be exercised from issuance at a price of $0.20 per share for a period of five years from the date of grant. The stock option plan and the grant of options are subject to regulatory approval and the Escrow Agreement.

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

Contact Information

  • Global Alternative Investments Inc. and
    Universal Infrastructure Corp.
    Paolo De Luca
    (416) 214-5985 ext. 510
    The Exchange Tower
    130 King Street West, Suite 2850, Toronto, Ontario M5X lA4