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

GC-Global Capital Corp.

April 09, 2007 09:30 ET

GC-Global Capital Corp. Provides Secured Bridge Financing to OneMove Technologies

TORONTO, ONTARIO--(CCNMatthews - April 9, 2007) - GC-Global Capital Corp. ("Global Capital") (TSX VENTURE:GDE.A) is pleased to announce that it has completed arrangements to provide a six month bridge loan to OneMove Technologies ("OneMove"). The bridge loan is secured by a first ranking general security agreement over all present and future movable property of OneMove and OneMove Online Systems Inc. (the Company's wholly-owned subsidiary), a share pledge of 100% of the shares of OneMove Online Systems Inc., and a personal guarantee from Mr. Martin Johnson, the Company's President and CEO. Along with the 1% interest per month the company has engaged GC-Global Capital to provide financial advisory services for a period of one month for 125,000 common shares.

In conjunction with Global Capital's bridge loan OneMove has secured an additional $1,140,000 in debt financing that ranks behind Global's interests.

OneMove intends to use the proceeds from the bridge financing for build-out and rent deposit on a location in the United Kingdom for OneMove Online Systems Inc., and general working capital.

OneMove has previously announced that it is undertaking to complete a brokered private placement of $8,000,000 with Sprott Securities Inc.

"We are very happy to be able to provide financing to a growth company like OneMove Technologies. Bridge loans like this continue to show the strength of Global's pipeline and our on going commitment to seeking out well secured, quality opportunities to increase value for our shareholders," said CEO Jason Ewart.

About OneMove

OneMove is a one-stop shop designed to simplify moving, from a paperwork and legal red tape standpoint. It currently operates in the British Columbia and U.K. markets. OneMove facilitates efficient communication between parties such as lawyers, conveyancers, realtors and buyers and sellers. OneMove's U.K. operation also offers a one-stop online shop for home buyers to access real estate listings, its unique insurance product, and its association of realtors and solicitors (www.onemove.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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