GA Capital Announces Termination of Agreement With LookNow
February 19 2010 - 4:45PM
Marketwired
GA Capital Corp. ("GA Capital") (TSX VENTURE: GAC.P), a capital
pool company, announced today that the Share Exchange Agreement
between GA Capital, LookNow Ltd. ("LookNow") and certain major
shareholders of LookNow has been terminated. Accordingly, the
proposed acquisition by GA Capital of LookNow, which was intended
to constitute GA Capital's Qualifying Transaction under TSX Venture
Exchange Policy 2.4, will not be proceeding. Management of GA
Capital will immediately commence a search for another suitable
asset or business with which to complete a Qualifying Transaction.
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.
Contacts: GA Capital Corp. J. Allan Ringler President & CEO
(647) 330-4711 alringler@bell.net
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