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

GC-Global Capital Corp.

March 31, 2009 09:30 ET

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

TORONTO, ONTARIO--(Marketwire - March 31, 2009) - 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 953,020 subordinate voting shares out of the total 19,060,395 issued and outstanding on March 31, 2009. 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, 2009 and end on April 2, 2010.

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 March 30, 2007 to March 30, 2008 Global Capital purchased 188,500 subordinate voting shares at an average cost of $0.91. From April 3, 2008 to April 2, 2009 GC purchased and cancelled an additional 240,000 subordinate voting shares at an average cost of $0.59.

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 contact Jason G. Ewart at (416) 488-7760 or 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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