GC-Global Capital Corp. Announces Subscription Receipt Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - February 28, 2014) - GC-Global Capital Corp. (TSXV: GDE.A) ("Global Capital" or the “Company”) announces today that it is proceeding with a non-brokered private placement of a maximum of 2,941,176 subscription receipts (“Subscription Receipts”) at a price of $0.34 per Subscription Receipt for aggregate maximum gross proceeds of $1,000,000 (the “Offering”). Each Subscription Receipt will be deemed to have been exchanged for one common share of the Company (a...
2014-02-28 7:03 PM EST
GC-Global Capital Corp. and Advantagewon Oil Corp. Enter into $257,500 Bridge Loan Agreement
Toronto, Ontario--(Newsfile Corp. - January 16, 2014) - GC-Global Capital Corp. (TSXV: GDE.A) ("Global Capital") and Advantagewon Oil Corp. ("AOC") are pleased to announce the completion of a 6 month secured bridge loan (the "Loan") in the principal amount of $257,500. The net proceeds of the Loan shall be used for the drilling program on Advantagewon Oil’s Saratoga oil property in the state of Texas. The Loan matures on July 16, 2014 and bears interest at 2 per cent per month, payable...
2014-01-16 7:07 PM EST
GC-Global Capital Corp. Announces The Results of Its Special Shareholders Meeting to Approve The Spin-Out of Its Real Estate Investment Subsidiary
Toronto, Ontario--(Newsfile Corp. - December 24, 2013) - GC-Global Capital Corp. (TSXV: GDE.A) ("Global Capital") is pleased to announce that at its recent Special Shareholders meeting, it received shareholder approval to spin-out its wholly-owned subsidiary, GC Marathon Financial Corp. (“GC Marathon”), a real estate investment company, in the form of a return of capital share distribution to Global Capital’s shareholders. The core investment of GC Marathon Corp. is its shareholdings of...
2013-12-24 2:16 PM EST
GC-Global Capital Corp. and Advantagewon Inc. Enter into a Secured Credit Facility
Toronto, Ontario--(Newsfile Corp. - December 24, 2013) - GC-Global Capital Corp. (TSXV: GDE.A) ("Global Capital") and Advantagewon Inc. ("Advantagewon") are pleased to announce the completion of a 15% secured credit facility for up to $2,000,000. The terms of the deal include a conversion feature for equity in Advantagewon Inc. The credit facility shall be used to expand Advantagewon's car repair lending program across the province. Operating since 2004, Advantagewon Inc. is a Canadian...
2013-12-24 7:02 AM EST
GC-Global Capital Corp. Announces its Financial Results for the Third Quarter Ended September 30, 2013
Toronto, Ontario--(Newsfile Corp. - December 1, 2013) - GC-Global Capital Corp. ("Global Capital") (TSX Venture Exchange "GDE.A") announces its financial results for the third quarter ending September 30, 2013. Overall Third Quarter Performance As at September 30, 2013 GC’s net assets were valued at $9.24 million or $0.45 per share compared to $9.23 million or $0.48 per share as at December 31, 2012. The $0.01 million dollar increase in net assets is principally due to an approximate net loss...
2013-12-01 8:43 PM EST
GC-Global Capital Corp. Announces Close of Subscription Receipt Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - November 26, 2013) - GC-Global Capital Corp. (TSXV: GDE.A) ("Global Capital" or the "Company") is pleased to announce that it has closed a non-brokered private placement of 7,736,000 subscription receipts ("Subscription Receipts") at a price of $0.28 per Subscription Receipt for aggregate gross proceeds of $2,166,080 (the "Offering"). Each Subscription Receipt will be deemed to have been exchanged for one common share of the Company (a "Common Share") for...
2013-11-26 6:00 AM EST