GA Capital Corp. ("GA Capital") (TSX VENTURE:GAC.P), a capital pool company, is
pleased to announce that it has today entered into a non-binding letter of
intent with LookNow Ltd. ("LookNow"), to pursue a proposed business combination.
LookNow , with offices in Ottawa and New York City, provides a free online
academic productivity tool through its UniversityJunction.com website to help
undergraduate students achieve better grades by learning more efficiently. It
allows students to learn concepts outside of class by collaborating with
classmates and students taking similar courses at any of another 118
universities that are presently available through the website.


Pursuant to the letter of intent, it is proposed that the two companies would be
combined with shareholders of GA Capital receiving 10% of the number of common
shares of the combined or surviving company on a fully-diluted basis. In
conjunction with the proposed transaction, LookNow intends to complete a private
placement to raise up to $3,000,000 on terms and conditions acceptable to GA
Capital.


Completion of the transaction is subject to a number of conditions, including
but not limited to, TSX Venture Exchange (the "Exchange") acceptance and if
applicable pursuant to Exchange requirements, majority of the minority
shareholder approval. Where applicable, the transaction cannot close until the
required shareholder approval is obtained. There can be no assurance that the
transaction will be completed as proposed or at all.


Completion of the transaction is also subject to the execution of a definitive
agreement on or before November 30, 2009, completion of a satisfactory due
diligence review by both parties, completion of LookNow's private placement and
all required shareholder, court and regulatory approvals, The final structure of
the business combination is to be determined after the receipt of final tax,
corporate and securities law advice for both parties.


A $25,000 deposit has been provided by GA Capital to LookNow, which would be
repayable if the transaction is not completed.


If completed, the proposed transaction is expected to constitute GA Capital's
Qualifying Transaction as defined in Policy 2.4 of the Exchange and is subject
to compliance with all Exchange requirements in this regard. A comprehensive
press release with further particulars relating to the proposed transaction will
follow in accordance with the policies of the Exchange.


GA Capital has 8,500,000 common shares issued and outstanding (9,380,000
fully-diluted).


Investors are cautioned that, except as disclosed in the management information
circular or filing statement to be prepared in connection with the transaction,
any information released or received with respect to the transaction may not be
accurate or complete and should not be relied upon. Trading in the securities of
a capital pool company should be considered highly speculative.


The Exchange has in no way passed upon the merits of the proposed transaction
and has neither approved or disapproved the contents of this press release.


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