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.
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