GMP Securities to Host 2018 Charity Trading Day in Support of Covenant House Toronto

TORONTO, May 14, 2018 /CNW/ - GMP Capital Inc. (GMP) (TSX: GMP), a leading Canadian diversified financial services firm, announced today its subsidiary, GMP Securities L.P., will hold a Charity Trading Day on Wednesday, June 6, 2018, in support of Covenant House Toronto's anti-sex trafficking campaign.  GMP Securities L.P. will donate 100% of all agency trading commission dollars from institutional equity trades generated that day to support Covenant House Toronto.

GMP Capital Inc. is also proud to be the title sponsor for the second annual 'Grand Commission' being held the evening of June 6, 2018, at The Ritz Carlton Toronto.  The event is a multi-dimensional fundraising vehicle that galvanizes the generosity of the community and pioneers innovative strategies to achieve its financial goals, supporting Covenant House Toronto.

"Our charity trading day and title sponsorship for this year's Grand Commission is a celebration of our commitment to make a meaningful and lasting difference in the communities where we live and work.  GMP is proud of this day, and specifically our renewed partnership with Covenant House Toronto — an organization focused on providing vital services to homeless, abused, trafficked and exploited youth. We are also very grateful to our clients and employees for generously partnering with us to make this year's charity trading day part of the solution to this serious problem," said Harris Fricker, President and Chief Executive Officer, GMP.

For more information on The Grand Commission, click here.

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 and The Bahamas. 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 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.