Global Alternative Investments Inc.

December 05, 2006 13:52 ET

Global Alternative Investments Inc. Announces Completion of Initial Public Offering

CALGARY, ALBERTA--(CCNMatthews - Dec. 5, 2006) - Global Alternative Investments Inc. ("Global") is pleased to announce that it has successfully completed its initial public offering through Blackmont Capital Inc. of 1,500,000 common shares at a price of $0.20 per share for aggregate gross proceeds of $300,000. Global has received conditional listing approval for its common shares on the TSX Venture Exchange and expects that trading will commence shortly under the symbol "GLI".

Global is a capital pool company governed by the policies of the TSX Venture Exchange. Global's principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction.

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

Contact Information

  • Global Alternative Investments Inc.
    John Driscoll
    (416) 364-8788
    (416) 364-5615 (FAX)
    or
    Global Alternative Investments Inc.
    c/o 130 King Street West, Suite 2850
    Toronto, Ontario
    M5X 1A4