Danny is a venture capitalist that has managed private and public companies for over 30 years. He is Chairman & CEO of GreenBank Capital Inc, Winston Resources Inc, Zara Resources Inc,CNRP Mining Inc, Leo Resources Inc and Hadley Mining Inc, all public companies listed on the CNSX, and is Managing Partner of Churchill Natural Resource Partners, L.P. A collector of 19th and early 20th Century European paintings for many years, Danny turned his hobby into a business with his European Art Gallery.
Toronto, Ontario, December 8, 2014 – GreenBank Capital Inc (CSE: GBC) (“GreenBank”) announces that it has decided not to pursue its medical marijuana plans.
GreenBank’s medical marijuana plans were announced on April 14, 2014 and are at a very early stage. Given the increasing number of participants in this space, and the complexity and extended time line of the Canadian licensing process, GreenBank has abandoned its medical marijuana plans and terminated its lease of land near Tweed, Ontario at no cost. GreenBank’s medical marijuana website has been discontinued. GreenBank will instead focus on its other activities.
GreenBank is a
Toronto, Ontario, November 27, 2014 – Zara Resources Inc. (CSE: ZRI) (“Zara”) announces that it has settled indebtedness owing to four different parties in the total amount of $483,808 by the issuance of a total of 9,676,160 common shares at $0.05 per common share (the “Debt Conversion”). No commission is payable in relation to the Debt Conversion. The common shares are subject to a hold period of four months and a day. The total amount of Zara shares issued and outstanding is now 42,294,760.
$160,104 of the indebtedness was due to Sammiri Capital Inc, (‘Sammiri”) a private company owned by
Toronto, Ontario, October 17, 2014 – Zara Resources Inc (CSE: ZRI) (“Zara” or “the Company”) announces that it has terminated the Letter of Intent for the proposed purchase of recreational marine assets.
Originally signed on May 30, 2014 and amended on June 17, 2014, the proposed transaction as set out in the Letter of Intent required Chivas Land Limited (“Chivas”) to raise $350,000 in a private placement of Zara shares at $0.05 per share, however Chivas has not met its obligations in that regard. The mineral assets of Zara which were proposed to be spun out to Zara shareholders will
Toronto, Ontario, October 3, 2014 – GreenBank Capital Inc. (CSE:GBC) (“GreenBank” or “the Company”) announces that the Company has agreed to a non-brokered private placement (the “Private Placement”) with Daniel Wettreich, a director of the Company, of 2,000,000 units (each a “Unit”) of GreenBank at a price of $0.05 per Unit, for gross proceeds of $100,000. Each Unit consists of one common share in the capital of GreenBank and one common share purchase warrant. Each common share purchase warrant entitles the holder to acquire one additional common share in the capital of GreenBank at an exercise price of $0.05,