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

GC-Global Capital Corp.

May 17, 2011 16:30 ET

GC-Global Capital Corp. Announces Advances of Bridge Loans

TORONTO, ONTARIO--(Marketwire - May 17, 2011) -GC-Global Capital Corp. (TSX VENTURE:GDE.A) ("Global Capital" or the"Company") is pleased to announce the completion of a secured loan in the principal amount of $1,250,000 to Big Deal Games Inc. Global Capital acted as the lead lender in the transaction providing $625,000 along with a syndicate of lenders for the remaining $625,000.

Big Deal Games Inc. and its related company, TimePlay Entertainment, are pioneers of social interactive entertainment with a proven platform and patents that provide a strong competitive advantage in cinemas and other major channels. The platform has been successfully deployed in bingo clubs, casinos, cruise ships and will soon be launched in cinemas. The Company also announces it has completed a 12 month secured bridge loan in the principal amount of $3,000,000 to a private company in the United States. Global Capital, along with GC-Global Capital Lending Partners Limited Partnership acted as the lead lenders in the transaction providing $1,785,000 and $100,000 respectively along with a syndicate of lenders for the remaining $1,115,000. GC-Global Capital Lending Partners Limited Partnership is a related party. The loan bears interest at 10% per annum and as consideration for the loan, Global Capital has entered into a lifetime income assignment agreement for a percentage of the gross revenues from the borrower. A related party received a commission on the transaction. This payment is subject to regulatory approval.

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.

Neither 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.

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