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Tuesday, July 17, 2012

GameCorp Settles Debt with OCCGI Shareholders

TORONTO, ONTARIO--(Marketwire - July 17, 2012) - GameCorp Ltd. ("the Company") (CNSX:GGG)(PINKSHEETS:GAIMF) is pleased to announce that it has entered into a debt settlement agreement ("Settlement") with the former shareholders of OC Communications Group Inc. ("OCCGI"), the Company's recently acquired Business Process Outsourcing subsidiary. Under the terms of the acquisition, the Company assumed a vendor-take-back loan ("VTB") of $1.65 million plus accrued interest owing to the former shareholders...continued
  

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