GMP Securities to Donate 100% of Trading Commissions in Support of Covenant House Toronto's Anti-Sex Trafficking Initiative

TORONTO, May 16, 2017 /CNW/ - GMP Capital Inc. (GMP) (TSX: GMP), a leading Canadian diversified financial services firm, announced today that its subsidiary GMP Securities L.P. will hold a Charity Trading Day on Wednesday, June 7, 2017, in support of Covenant House Toronto and its five-year, comprehensive, $10-milion anti-sex trafficking campaign, "Just Like a Girl You Know."
GMP Securities L.P. will donate 100% of all agency trading commission dollars from institutional equity trades generated that day to support Covenant House. 

GMP Capital Inc. is also proud to be the title sponsor for the inaugural 'Grand Commission' being held the evening of June 7, 2017 at the Ritz Carlton Toronto.  The Grand Commission is an innovative twist on the classic gala.   The event, in support of Covenant House Toronto, merges interactive corporate and philanthropic giving with an elegant affair.

"GMP is a strong supporter of Covenant House – an organization focused on providing vital services to homeless, abused, trafficked and exploited youth in our community. Specifically, Toronto has been identified as a sex-trafficking hub.  We are proud to lend our support through a charity trading day and title sponsorship of The Grand Commission Gala to help raise awareness and much needed funds for this serious problem," said Harris Fricker, President and Chief Executive Officer, GMP.

ABOUT GMP CAPITAL INC.

GMP is a leading independent diversified financial services firm headquartered in Toronto, Canada, providing a wide range of financial products and services to a global client base that includes corporate clients, institutional investors and high-net-worth individuals in two integrated reporting segments. The Capital Markets segment provides investment banking, including advisory and underwriting services, institutional sales and trading and research through offices in Canada, the United States, the United Kingdom, Bahamas and Asia. Wealth Management consists of GMP's non-controlling ownership interest in Richardson GMP Limited. Richardson GMP Limited, Canada's largest independent wealth management firm, is focused on providing exclusive and comprehensive wealth management and investment services delivered by an experienced team of investment professionals. GMP is listed on the Toronto Stock Exchange under the symbol "GMP". For further information, please visit our corporate website at gmpcapital.com.

ABOUT THE GRAND COMMISSION

The Grand Commission, sponsored by GMP Capital Inc., is an innovative twist on the classic gala. The event, in support of Covenant House Toronto, merges interactive corporate and philanthropic giving with an elegant affair.

All proceeds will go towards Covenant House's comprehensive anti-sex trafficking campaign. The Grand Commission's title sponsor, GMP Capital Inc., is leading the way with a Charity Trading Day. Other companies and individuals are joining in to support the event.

This "golden age" soiree at the Ritz-Carlton Toronto, will be a celebration of the day's giving. The night, hosted by Cheryl Hickey, features a cocktail reception, sumptuous dinner, special live entertainment, and an after dinner exclusive poker game. Further information about The Grand Commission can be found at www.thegrandcommission.com.

ABOUT COVENANT HOUSE 

Covenant House Toronto is Canada's largest agency serving at-risk, homeless and trafficked youth – as many as 250 youth daily. The agency provides 24/7 crisis shelter, transitional housing and comprehensive services, including education, counselling, health care, employment assistance, job training, and aftercare.

Toronto has been identified as a hub for sex trafficking, which is largely a domestic crime. Most victims are Canadian girls as young as 13 and on average 17. Covenant House has helped thousands of victims since it opened its doors in 1982.

The agency's five-year plan to counter sex trafficking includes measures ranging from prevention to enhanced victim services. It also includes a research and evaluation component and the creation of online resources.

SOURCE GMP Capital Inc.

For further information: GMP Capital Inc., Rocco Colella, Director, Investor Relations, 145 King Street West, Suite 300, Toronto, Ontario M5H 1J8, Tel: (416) 941-0894; Fax: (416) 943-6175, rcolella@gmpcapital.com or investorrelations@gmpcapital.com

RELATED LINKS
http://www.gmponline.com

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