GDE.A

GC-Global Capital Corp. (TSX VENTURE:GDE.A) ("Global Capital") is pleased to
announce it has entered into a joint venture called TGC Acquisition Corp.
("TGC") with Rossmore and Partners Investments Corp. ("Rossmore"), under which
the parties have completed the acquisition of DDR Landscaping Contractors Ltd.
("DDR") for a purchase price of $2,500,000. Global Capital and Rossmore will
have an equal interest in the joint venture. Global Capital has provided a
$1,000,000 non-interest bearing demand promissory note to the joint venture
company to finance the acquisition. Rossmore provided an additional $500,000 and
the sellers have provided a $1,000,000 Vendor Take Back for the balance of the
purchase price. The promissory note to TGC is guaranteed by DDR.


Based in Oakville, DDR is a commercial site contractor in the Ontario region. It
has been a leader in the industry for the past 15 years. Employee structural
changes at DDR will be minimal. All of the employees will continue to work at
DDR and the previous owners will remain an integral part during the transitional
period.


Global Capital's joint venture partner, Rossmore, is headed up its principal,
Susan Tanenbaum who has more than 20 years of senior management experience with
industrial companies and has worked throughout the United States and Canada.


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.

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