Home : February 2011 : February 07, 2011 News : GC-Global Capital Corp. and Synchronica plc Enter Into $1,500,000 Loan Agreement

GC-Global Capital Corp. and Synchronica plc Enter Into $1,500,000 Loan Agreement

February 07, 2011

TORONTO, ONTARIO--(Marketwire - Feb. 7, 2011) - GC-Global Capital Corp. (TSX VENTURE:GDE.A) ("Global Capital") and Synchronica plc (TSX VENTURE:CTS) ("Synchronica") are pleased to announce the completion of a secured loan (the "Loan") in the principal amount of $1,500,000. The net proceeds of the Loan shall be used in conjunction with Synchronica's recently announced acquisition of the instant messaging and social networking business of Neustar NGM Services Ltd. and associated costs.

http://www.marketwire.com/mw/release.do?id=1391758&sourceType=3
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