GMP TO ACQUIRE FIRSTENERGY CAPITAL

GMP CAPITAL INC. TO ACQUIRE FIRSTENERGY CAPITAL

• Enhances GMP’s positioning in Canadian energy and the independent brokerage space

• Combined energy businesses will be rebranded “GMP FirstEnergy” and continue to be headquartered in Calgary

• Key members of FirstEnergy’s management team will join GMP’s Executive Committee

Toronto, August 4, 2016 - GMP Capital Inc. (GMP) (TSX: GMP) announced today that it has agreed to acquire FirstEnergy Capital Corp. (FirstEnergy).  Established in 1993, FirstEnergy is an industry leader in the global energy sector providing financial advisory and investment services to a broad range of corporate clients and sophisticated investors worldwide.   Since 2008, FirstEnergy has completed over $63 billion in equity financing transactions in the energy sector and has advised on 159 transactions with an aggregate value of $31 billion. The firm has 91 employees in its Calgary and London offices across investment banking, sales and trading and research.  GMP will operate the combined energy businesses under the “GMP FirstEnergy” brand.


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