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Gravitas Financial Inc. (CNSX:GFI) Lists on Canadian National Stock Exchange - Video Summary on Investmentpitch.com


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-07-08 23:12:02 -

Vancouver, British Columbia, July 8, 2013 - Gravitas Financial Inc. (CNSX:GFI)
lists on the on the Canadian National Stock Exchange. The company, previously
trading as SearchGold Resources on the TSX Venture Exchange, has closed its
change of business and business combination with Ubika Corp.

InvestmentPitch.com has produced a "video news alert" which provides a brief
overview of Gravitas Financial. If this link is not enabled, please visit
www.InvestmentPitch.com and enter "Gravitas" in the search box.

In addition, the company has closed a brokered private placement of 24,000
subscription receipts, with Portfolio Strategies Securities acting as lead
agent. These subscription receipts, together with the 30,000 previously issued
in May, are exchangeable into Gravitas Financial debentures, with a par value of
$1,000, paying a base interest rate of 3%. The resulting 54 million 
debentures (GFI.DB.A) are also listed on the Canadian National Stock Exchange. Upon satisfying the terms of the escrow agreement, $52.9 million has been transferred to Gravitas. Formed in 2004, operational in 2007, and profitable in 2011, Ubika operates through two divisions. Its Ubika Research division provides investment research and analytics solutions related to small cap public companies to investors, investment advisors, and fund managers. It generates revenue by charging small cap company clients a monthly or annual fee for the provision of analytics or dissemination services. The second division, SmallCapPower is an online portal platform through which small cap companies can disseminate corporate information. SmallCapPower client's pay a monthly fee to access the portal. As part of its future development, Ubika plans to expand the solutions offered through SmallCapPower, such as email campaigns and video campaign solutions. It also plans to include content coverage of U.S. companies. For more information on Gravitas Financial, please visit their website at www.smallcappower.com or contact the company's executive vice-president, Vikas Ranjan, at 416-605-7024 or email vikas@ubikacorp.com. About InvestmentPitch InvestmentPitch.com, a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals, specializes in producing short three minute videos based on significant news releases and research reports. CONTACT: InvestmentPitch.com Barry Morgan, CFO bmorgan@investmentpitch.com This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: InvestmentPitch via Thomson Reuters ONE [HUG#1715026]


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