Global (GMPC) Holdings Inc.

Global (GMPC) Holdings Inc.

March 30, 2005 09:54 ET

Global Holdings Announces that it has Completed a $500,000 Secured Loan to KidsFutures Inc.


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: GLOBAL (GMPC) HOLDINGS INC.

TSX VENTURE SYMBOL: GGH.SV.B

MARCH 30, 2005 - 09:54 ET

Global Holdings Announces that it has Completed a
$500,000 Secured Loan to KidsFutures Inc.

TORONTO, ONTARIO--(CCNMatthews - March 30, 2005) - Global (GMPC)
Holdings Inc. (TSX VENTURE:GGH.SV.B) ("Global") is pleased to announce
that is has completed arrangements to provide an 8 month, $500,000
bridge loan to KidsFutures Inc. ("KidsFutures") of Toronto. Launched in
October, 2003, KidsFutures is a national consumer loyalty and financial
services program that monetizes rewards dollars into educational savings
accounts for Canadian families. KidsFutures Partners include MasterCard,
CitiCards Canada, Longos, Johnson & Johnson, Sprint Canada, Best
Western, Sony and Kodak.

The funds from the loan are to be used for general working capital
purposes.

About KidsFutures Inc.

KidsFutures is a Canadian-owned and operated company dedicated to
helping families pay for their children's college or university costs.
The Company has established a unique and innovative consumer rewards
program that makes it easy for parents, relatives and friends to save
for a child's post-secondary education. KidsFutures Members generate
KidsFutures Rewards (at par value of one Canadian dollar) eligible to be
deposited into a tax sheltered Registered Education Savings Plan (RESP)
simply by making everyday purchases of goods and services from
KidsFutures Partners. Members can track and manage their account
on-line, over the phone.

About Global

Global 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.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Global (GMPC) Holdings Inc.
    Jason G. Ewart
    (416) 488-7760
    Website: www.globalbridgeloans.com
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.