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

GC-Global Capital Corp.

August 14, 2007 09:30 ET

GC-Global Capital Corp. Announces it has Completed a $250,000 Secured Convertible Loan to Bison Gold Exploration Inc. and the Acquisition of 2,540,000 Common Shares of Bison Gold

TORONTO, ONTARIO--(Marketwire - Aug. 14, 2007) - GC-Global Capital Corp. ("Global Capital") (TSX VENTURE:GDE.A) is pleased to announce that it has completed a six month, $250,000 secured convertible loan to Bison Gold Exploration Inc. ("Bison")(CNQ:BGEI). The convertible loan bears interest at a rate of 12% per annum compounded and payable monthly. Global Capital received a 2% structuring fee for the transaction. The loan is convertible into 2,500,000 units at a conversion price of $0.10 per unit. Each unit is comprised of one common share of Bison and one half of one common share purchase warrant. Each whole warrant entitles the holder to purchase one common share at a price of $0.15 for a period of 24 months from the closing date. The funds are to be used as general working capital.

Global Capital also announces that it has acquired, through private purchases, 2,540,000 common shares of Bison, representing 12.4% of the company's current issued and outstanding shares.

About Bison Gold Exploration Inc.

Bison Gold is a Canadian public company focused on exploring for high grade gold with property assets in Manitoba, Saskatchewan and Nevada. For more information please visit the corporate website at www.bisongold.com.

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.

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

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