GA Capital and Taycon Capital Terminate Merger

GA Capital Corp. ("GA Capital") (TSX VENTURE:GAC.P) and TayCon Capital
Corporation ("TayCon") (TSX VENTURE:TYC.P), capital pool companies ("CPC's")
listed on the TSX Venture Exchange ("TSXV"), announced today the termination of
the merger transaction between them announced on September 3, 2009.


Under TSXV policies, a CPC may be subject to suspension if it has not completed
its Qualifying Transaction within 24 months of its original listing date. On
September 11, 2009, the TSXV announced temporary relief measures to permit CPC's
with a Qualifying Transaction deadline expiring between October 1, 2009 and
March 31, 2010 to apply for an extension of its deadline date up to March 31,
2010. GA Capital and TayCon had Qualifying Transaction deadlines scheduled to
expire in the first half of November 2009 and the merger transaction was being
undertaken by the companies principally to obtain an extension of the deadline
dates. Under TSXV policies, upon a merger of two or more CPC's, the Qualifying
Transaction deadline date is extended until 12 months following the completion
of the merger. As previously announced, both companies applied for and obtained
extensions of their Qualifying Transaction deadline dates to March 31, 2010
under the TSXV's temporary relief measures and intend to independently pursue
their own Qualifying Transaction. However, the companies reserve the right to
re-institute this or enter into another CPC merger transaction if a suitable
Qualifying Transition has not been identified with sufficient time to complete
the Qualifying Transaction by March 31, 2010.


The common shares of each company, which were suspended from trading upon the
merger announcement, are expected to resume trading on the TSXV shortly.

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