GC-Global Capital Corp. Announces its Financial Results for the First Quarter 2015

Toronto, Ontario--(Newsfile Corp. - May 29, 2015) - GC-Global Capital Corp. (TSXV: GDE.A) ("Global Capital") announces its financial results for the first quarter ending March 31, 2015.

Highlights

• Three month revenue of $0.4 million, up from $0.2 million in 2014;

• Net income for the three month period of $0.2 million, up from a net loss of $0.4 million in 2014;

• Portfolio of publicly traded companies $7.9 million, up from $0.4 million in 2014;

• Increase of total assets to $20.7 million from $10.3 million in 2014;

• Completed $5.4 million equity financing in March 2015;

• Four consecutive quarters of positive net income.

Management's First Quarter Comments

For the quarter ended March 31, 2015, the Company reported net income of $0.2 million, or $0.00 per share compared to a net loss of $0.4 million, or a loss of $0.02 per share in the prior year. The progress that the Company has made in refocusing and transitioning the business and executing its asset diversification strategy is evident in the overall financial performance of the Company so far in 2015 compared to 2014.

Total assets as at March 31, 2015 were $20.7 million compared to $10.3 million as at March 31, 2014, a $10.4 million increase during the year. A primary effect of refocusing the business to diversify its asset portfolio resulted in the Company's investments in public portfolios to increase to $7.9 million at quarter end compared to $0.4 million in the prior year. Portfolio investments in publicly traded companies have been designated as either fair value through profit or loss or available for sale and are recorded in the consolidated statements of financial position at fair value. Fair value is determined directly by reference to quoted market closing prices in active markets.

Jason Ewart, the CEO of GC Global Capital, stated "During the quarter the management team continued in its efforts to complete transactions with growth oriented companies." He added "Our pipeline of deal flow is healthy and we look forward to closing and reporting the results of these transactions in the future quarters of 2015."

A full set of unaudited financial statements and related notes have been filed on SEDAR.

Subsequent events to the first quarter

On April 22, 2015, the Company participated in a private placement offering of a publicly trading specialty finance gaming company. The Issuer had accepted subscriptions for $4,140,000 to be issued at 0.07 per common share, of which the Company subscribed for 28,571,428 common shares. The common shares acquired by the Company represent approximately 13.6% of the post-acquisition issued and outstanding common shares of the Issuer. Immediately following the private placement, the Company holds an aggregate of 36,946,428 common shares, representing approximately 17.6% of the issued and outstanding common shares of the Issuer. The Company will also enter into a one year fiscal advisory agreement with the Issuer whereby the Issuer will receive strategic financial advisory services in exchange for a monthly fee of $20,000. Pursuant to National Instrument 62-103, the Company will file a related early warning report with applicable Canadian securities regulators.

About GC-Global Capital Corp.

Global Capital is a merchant bank, which provides financial services, to companies across many industries such as oil & gas, mining, real estate, manufacturing, retail, financial services, technology and biotechnology. For further information, please contact Jason G. Ewart at (416) 488-7760 or visit Global Capital's website at www.gcglobalcapital.ca.

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 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.