Toronto, Ontario–(Newsfile Corp. – April 1, 2015) – GC-Global Capital Corp. (TSXV: GDE.A) (“Global Capital“) announced today the retirement of longtime Chairman Gordon Ewart from its Board of Directors. Gordon Ewart has been Chairman since co-founding the Company in 2003. Prior to the formation of Global Capital, Mr. Ewart was a co-founder of Quest Capital Corp., a TSX traded Canadian merchant bank with approximately $250 million in assets. He also co-founded three merchant banks, two of which were based in Toronto and one based in Bermuda. The merchant banks, Resource Capital International Limited, Paramount Funding Corporation and Grafco Limited were involved in all aspects of corporate and developmental finance for Canadian industrial and natural resource companies.
“Gord has provided the company with tremendous leadership and expertise over the past 12 years, guiding the company through numerous funding rounds, investment transactions and shifts in market dynamics,” ” said Jason Ewart, CEO of Global Capital. “We greatly appreciate his dedication and countless contributions to our company and its employees, client companies and shareholders.”
The Company has initiated an external search for a new Chairman.
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 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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.