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

GC-Global Capital Corp.

September 17, 2010 16:30 ET

GC-Global Capital Corp. Announces the Resignation of a Board of Director

TORONTO, ONTARIO--(Marketwire - Sept. 17, 2010) - GC-Global Capital Corp. ("Global Capital") (TSX VENTURE:GDE.A) announced today that Mr. Michael Bloudoff has resigned from the Board of Directors. Mr. Bloudoff has resigned for personal reasons after serving the Board since August, 2003.

Mr. Jason Ewart, Chief Executive Officer, commented "I wanted to personally thank Michael for his contribution as a member of the Board of Directors since the launching of our operations eight years ago and wish him best of luck in his future endeavors."

About GC-Global Capital Corp.

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. In 2009, the Company launched the GC-Global Capital Lending Partners Limited Partnership (the "Fund") which provides secure bridge loans to micro-cap and small-cap companies. The Fund's investment objective is to provide investors with a high yield and the preservation of capital. As the General Partner of the Fund, Global Capital participates along side the fund in these bridge loan transactions and receives a management fee and performance bonus for its services.

Forward-Looking Information

These materials include certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Other than statement of historical fact, all statements in this material, including, without limitation, statements regarding fair values of marketable securities, investments, bridge loans, convertible debentures, estimated asset retirement obligations, and future plans and objectives of the Company, are forward-looking statements that involve various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of these materials. Important factors that could cause actual results to differ materially from the Company's expectations include, without limitation, the level of bridge loans completed, the nature and credit quality of the collateral security, the sufficiency of cost estimates for remaining reclamation obligations as well as those factors discussed in the Company's documents filed from time to time with the TSX Venture Exchange, Canadian securities regulators and other regulatory authorities. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this notice.

Neither the 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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