Greenbriar Capital Engages Cormel Capital for Investor Relations and Announces Private Placement
Newport Beach, Calif.–(Newsfile Corp. – Nov. 14, 2022) – Greenbriar Capital Corp. (TSXV: GRB) (OTC Pink: GEBRF) (“Greenbriar or “the Company“) Greenbriar is very pleased to announce that, subject to the approval of the Toronto Venture Exchange, the Company has engaged Cormel Capital S.à rl to provide investor relations services to Greenbriar for a period of 12 months. The consideration is CDN$3,500 per month and 75,000 three (3) stock options at CDN$1.50 per share.
Cormel Capital S.à rl (Cormel) is a private company providing financial, marketing and research services to third parties in the EMEA (Europe, Middle East and Africa) region. Cormel facilitates contacts between investors and beneficiaries in sectors such as mining, agriculture, project financing, green energy production and commercial and residential real estate investments.
The Company further announces that it has arranged a small, well-placed private placement of 577,000 units at CDN$1.30 per unit for total proceeds of CDN$750,100.00. Each unit consists of one common share and one whole common share purchase warrant. Each warrant is convertible into one common share at a price of C$1.50 per share and the warrants expire in three years from the date of this press release. The proceeds are for general working capital. Units are subject to a four (4) month hold period. The private placement is subject to the approval of the Toronto Venture Exchange.
About Greenbriar Capital Corp:
Greenbriar is a leading developer of alternative ESG assets in renewable energy and sustainable real estate. With long-term, high-impact contractual sales agreements in key project locations and led by a successful, industry-recognized operations and development team, Greenbriar targets high-value assets destined for shareholder value. accretive.
ON BEHALF OF THE BOARD OF DIRECTORS
Jeffrey J. Ciachurski
Chairman and Chief Executive Officer and Director
The TSX Venture Exchange has not reviewed and accepts no responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements. All statements, other than statements of historical facts, are “forward-looking statements” and include any information regarding activities, events or developments that the Company believes, expects or anticipates will or may occur in the future, including strategy, plans or future financial or operating performance and other statements that express management’s expectations or estimates regarding future performance.
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