March 20, 2014, Toronto, Canada – GC-Global Capital Corp. (GDE.A:TSXV) (“Global Capital” or “the Company”) is pleased to announce that Mr. Paul Kelly and Mr. Morris Prychidny have joined as members of the board of directors of Global Capital.
Based in Toronto, Mr. Kelly has experience within the North American steel industry. He was the former President and Chief Executive Officer and a director of Slater Steel Inc., from May 1998 to May 2004. Slater steel was a multidivisional specialty steel company formerly listed on the TSX. Mr. Kelly was President, Chief Operating Officer and a director, from June 2004 to September 2007, of Harris Steel Group Inc., a multidivisional fabricator, manufacturer and steel trading group formerly listed on the TSX. He has experience in dealing with public markets as well as an extensive background in M&A and financial structuring. Mr. Kelly is also the Chief Executive Officer, Chief Financial Officer and director of Corporate Catalyst Acquisition Inc. a TSX Venture Exchange listed capital pool company. Mr. Kelly obtained a B.A. degree in Economics from the University of Toronto.
Mr. Prychidny is a Chartered Accountant with more than 35 years of experience in the mining and real-estate industries. Mr. Prychidny brings strong portfolio management and financing expertise through his roles in a number of publicly-listed investment and mining companies. He is currently a director of Nighthawk Gold Corp., a Canadian-based exploration company focused on acquiring and developing gold mineral properties in the NWT, Canada. He is also a director and Secretary-Treasurer of Orion Capital Incorporated, a Toronto-based asset management company with a focus on investing in the junior mining and real estate sectors. Mr. Prychidny is also a Director and an Audit Committee member of Northfield Capital Corporation, a public corporation with investments in excess of $100 million predominantly in the mineral resource sector. Additionally, He serves as a Director on the board of a number of investment and exploration companies, including Woodbine Downs Limited, Corporate Catalyst Acquisitions Inc. and Harricana River Mining Corporation Inc. Mr. Prychidny holds a Bachelor of Economics from the University of Western Ontario.
“As we prepare for continued growth, the addition of Paul and Morris and the experience they each bring to Global Capital reflects our commitment to good governance and sustained value creation,” said Mr. Jason Ewart, Chief Executive Officer of Global Capital.
Messrs Kelly’s and Prychidny’s appointments to the board are subject to TSX Venture Exchange approval.
About Global Capital
Global Capital is a merchant bank, which provides bridge loan 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, C.E.O. at (416) 488-7760 or visit Global Capital’s website at www.gcglobalcapital.ca .
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.