Further to earlier announcements that GA Capital Corp. (TSX VENTURE:GAC.P)
("GAC") has entered into a letter of intent with Kimpar Resources Inc.
("Kimpar") pursuant to which GAC intends to complete a business combination with
Kimpar (the "Transaction") which, if completed, is expected to constitute a
qualifying transaction for GAC, as defined in Policy 2.4 of the TSX Venture
Exchange Corporate Finance Manual, GAC is pleased to announce that Kimpar's
continuing staking program has more than doubled the size of the Vortex
copper/molybdenum claim block in the Gaspe peninsula (the "Vortex Property"),
from 38.1 contiguous square kilometers to more than 80 contiguous square
kilometers. In compliance with recommendations contained in Kimpar's updated
National Instrument 43-101 technical report dated September 9, 2008, Kimpar is
continuing to investigate and interpret the targets that warrant further
exploration as revealed by the aerial geo-magnetic and conductivity survey
conducted for Kimpar by AeroQuest in the summer of 2008.


Wayne Lockhart, Kimpar's V-P for Exploration, said that the new stakings, which
reflect further analysis of this survey, are to the east of Kimpar's copper
deposit at Sullipek. The eastern boundary of the Vortex Property is now 20
kilometers from the site of the former Noranda Gaspe Copper Mine at
Murdochville, the largest copper mine in North America for many years. For a
further description of the Vortex Property, please refer to GAC's news release
dated November 20, 2008 in connection with Kimpar's completion of an updated
National Instrument 43-101 technical report on the Vortex Property, a copy of
which is available under GAC's profile at www.sedar.com ("SEDAR").


GAC is further pleased to announce that Kimpar has concluded an agreement with
Construction DJL Inc. of Boucherville, a leading firm in Quebec road
construction. Under the terms of the agreement, DJL, through Pavages
Beau-Bassin, its Gaspe division, will produce aggregate and other rock products
at Kimpar's Richmond quarry, 18 kilometers from Beau-Bassin's offices in New
Richmond. Beau-Bassin manufactures and sells paving materials and aggregates and
is engaged in civil projects, building excavation, concrete works and road
paving. It attracts business mainly from the Quebec government, corporations and
municipalities, and was involved in the construction of the Gaspe Airport tarmac
and repairs to Route 132. This initial Kimpar/DJL agreement has a term of three
years and places no upper limits on the tonnage that can be produced from the
Richmond deposit. Kimpar will receive a royalty for every tonne produced and the
agreement will also permit Kimpar to purchase aggregate produced at the Richmond
quarry for sale to its own customers.


As reported in the Gaspesie newspaper in early 2009, according to Natalie
Normandeau, Quebec Minister of Municipal Affairs, Regions and Land Occupancy,
approximately $112 million will be spent in the Gaspe on roads in fiscal 2010.
Hydro Quebec studies project $2.7 billion for near-term wind farm development in
the Gaspe alone. Each turbine is supported by a concrete platform employing as
much as 3,200 tonnes of aggregate and two wind farms just announced for the
region will consist of 180 turbines.


"Kimpar owns four fully permitted quarry sites in the Gaspe," Kimpar's V-P for
Project Development Robert Buckland explained. "We're pleased to see the first
of these assets enter production at this early stage. Kimpar plans development
of a second quarry to begin this summer."


GAC is further pleased to announce that Kimpar has reached an agreement in
principle to engage Granite DRC of Riviere a Pierre, Quebec, to open Kimpar's
Nightstone(TM) quarry in the Shick Shock Mountains of the Gaspe peninsula. As a
consequence of this agreement, Granite DRC master quarrier Daniel Cauchon is
expected to begin work on the site in May, 2009 by determining where to open
faces in the Mount Lyall deposit.


Peter Sindell, Kimpar's V-P for Business Development, explained that so-called
absolute black granite leads the global market for monuments, countertops, and
interior and exterior architectural cladding. Kimpar has received letters from
two major Quebec granite product manufacturers expressing their interest in
purchasing Kimpar's Nightstone(TM), absolute black granite, subject to entering
into formal agreements.


Kimpar is a Quebec-based company established in 2008 to exploit three classes of
resource assets located in the Gaspe region: copper/molybdenum and other metal
claims, granitic aggregate quarries and dimension stone quarries. As previously
announced, prior to, and as a condition of, the closing of the Transaction,
Kimpar is currently proposing to complete a financing through private placements
of 2,333,333 subscription receipts to raise $1,550,000 (the "Private
Placement"). For a further description of the Private Placement, please refer to
GAC's news release dated December 24, 2008, a copy of which is available under
GAC's profile on SEDAR.


Conditions precedent to closing the Transaction

The parties' obligations to complete the Transaction are subject to the
satisfaction of customary conditions precedent, including but not limited to,
the parties being satisfied with the results of their due diligence reviews,
board approval of Kimpar and GAC, completion of the Private Placement, the
entering into of formal agreements, and Exchange approval of the Transaction and
related matters.


In this news release, all information relating to Kimpar has been provided by
Kimpar and all information relating to GAC has been provided by GAC.


This news release may contain forward-looking information with respect to the
Transaction and matters concerning the business, operations, strategy, and
financial performance of GAC and Kimpar. Such information can generally be
identified by use of forward looking wording such as "may", "will", "expect",
"estimate", "anticipate", "intend", "believe", and "continue" or the negative
thereof and similar variations. The completion of the Transaction and the future
business, operations and performance of GAC discussed herein could differ
materially from those expressed or implied by such statements. Such
forward-looking information is qualified in its entirety by the inherent risks
and uncertainties surrounding future expectations, including that the
Transaction contemplated herein is completed. Forward-looking information is
based on a number of assumptions which may prove to be incorrect, including, but
not limited to the ability of GAC and Kimpar to complete the Transaction and
related transactions described therein or to satisfy the requirements of the
Exchange with respect to the Transaction. The cautionary statements qualify all
forward-looking information attributable to GAC and Kimpar and persons acting on
their behalves. Unless otherwise stated, all forward looking information speaks
only as of the date of this news release and GAC and Kimpar have no obligations
to update such information except as required by law.


Completion of the Transaction is subject to a number of conditions, including
but not limited to, 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.


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 securities of GAC being offered have not been, nor will be, registered under
the United States Securities Act of 1933, as amended, and may not be offered or
sold within the United States or to, or for the account or benefit of, U.S.
persons absent U.S. registration or an applicable exemption from U.S.
registration requirements. This release does not constitute an offer for sale of
securities in the United States.


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