GA Capital Corp. Announces Grant of Stock Options

Market Wire, June, 2009

GA Capital Corp. (TSX VENTURE: GAC.P) ("GAC"), a capital pool company as defined under Policy 2.4 of the TSX Venture Exchange (the "Exchange" or "TSX Venture") announces that it has granted to Mr. George Elliott a director of GAC one hundred thousand incentive stock options to acquire common shares of GAC, in accordance with the terms of the Company's incentive Stock Option Plan. The exercise price for the options is $0.20 per common share and expires on November 6, 2012.

Mr. Elliott became a director of GAC on August 27th, 2008, however at that time incentive stock options could not be granted since the common shares were halt traded on the Exchange pending consideration of a qualifying transaction, which as disclosed in a press release issued by GAC on June 1st, 2009, did not proceed.

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 & Chief Executive Officer (647) 330-4711 ringler2805@rogers.com

 

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