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Greenbriar Capital Corp. (TSXV:GRB) announces private placement

The Market Online Deal Room, Utility
TSXV:GRB
14 November 2022 09:00 (EST)

Source: Greenbriar Capital Corp.

Greenbriar Capital (GRB) has arranged a small private placement for total proceeds of C$750,100.

The company will offer 577,000 units at $1.30 per unit.

Each unit is made up of one common share and one common share purchase warrant.

Each warrant is convertible into one common share at $1.50 per share and the warrants expire in three years from the date of this news release.

The company intends to use the proceeds for general working capital.

The units are subject to a four-month hold period.

The private placement is subject to the approval of the Toronto Venture Exchange.

Greenbriar is a leading ESG alternative asset developer of renewable energy and sustainable real estate. The company targets assets directed at accretive shareholder value.

Greenbriar Capital Corp. (GRB) last closed down by 2.68 per cent trading at $1.45 per share.


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