SOURCE: Key Capital Corp

Key Capital Corp

August 17, 2015 13:15 ET

Settlement Advice for US$600,000 Second Tranche of GeoGlobal Resources, Inc. Series B Preference Shares

Appointment of Professional Investor Relations Firm

SCOTTSDALE, AZ--(Marketwired - Aug 17, 2015) - Key Capital Corporation (OTC PINK: KCPC) ("Key Capital" or "the Company") advises:

Settlement advice for US$600,000 second tranche of GeoGlobal Resources, Inc. Series B Preference Shares

The Company last week settled the second tranche of the GeoGlobal Resources, Inc. (OTC PINK: GGLR) Series B Preference Shares pursuant to a Stock Purchase agreement entered into between the parties on August 24, 2014.

The Company is required to settle a further three tranches of the Series B Preference Shares at 180 day intervals in consideration of payment of US$600,000 for each tranche.

Settlement of this tranche has been booked through offset of Key Capital's direct interest in revenue earned in India pursuant to agreement between the parties, although this agreement as well as Board control of GeoGlobal Resources, Inc. is disputed by the former Chairman/CEO who was removed for cause by a Shareholder action.

Appointment of Professional Investor Relations Firm

The Company has appointed Los Angeles based AdverCalls, Inc. as its Investor Relations firm of record. AdverCalls is headed by Mr. Benny Traub, a successful and highly regarded IR/PR and marketing professional. Benny has taught Advanced Relationship Marketing at Simon Fraser University and is the developer of the 'Million Dollar Marketing Plan' course, which he taught under the sponsorship of the Canadian Government (BDC) to senior executives as part the government's initiative to stimulate small business growth. He studied market research and consumer behavior at the College of New Caledonia in the 80's. In the 90's his marketing consulting firm, Imagenation Media, pioneered marketing automation and response-based advertising for SMB's. In the early 00's he operated an incubation firm which took two of his own companies public. Benny founded AdverCalls in 2009. AdverCalls is an evolution of his long career in helping entrepreneurs and corporations attract new business and compete more effectively. Consideration for the initial 15 month appointment term is payable by the issue of 400,000 Restricted Shares of Key Capital Common Stock.

ABOUT KEY CAPITAL: Key Capital is a structured finance, and equity funder of resource projects that, through its funding agreements, retains streamed interests in the production of mines containing gold, silver, or base metals, or in energy products. The Company is a Georgia corporation headquartered in Scottsdale, Arizona. For further information, please see www.keycapitalgroup.com or Contact Chris Nichols, President/CEO at +1 (480) 745-2625, or info@keycapitalgroup.com.

ABOUT GEOGLOBAL RESOURCES, (OTC PINK: GGLR): GeoGlobal Resources, is an emerging international oil and gas E&P business with its major interests in India, where oil and gas production has commenced in three Blocks in the onshore Cambay Basin, and gas production testing has commenced from the major proven offshore Deen Dayal West Field in the Krishna-Godavari Basin where the group partners have spent over US$3 billion on exploration and development to date. For further information, please see www.geoglobalresources.com or contact Don Benard, CEO at +1 (480) 745-2625 Ext 6, or email at don@geoglobalresources.com.

Disclaimer
Statements made in this press release that express the Key Capital or Company or management's intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. The words "believe," "expect," "intend," "estimate," "anticipate," "will" and similar expressions are intended to further identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause Key Capital's or the Company's actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements. Key Capital and the Company cannot assure future financial results, levels of activity, performance or achievements and investors should not place undue reliance on Key Capital's or the Company's forward-looking statements.

Contact Information