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GreenBank's Affiliate Ubique Minerals Commences Drilling Program

Toronto, Ontario, August 21, 2017 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) ("GreenBank or the Company") announces that, following the receipt of all permits, its 28% owned affiliate Ubique Minerals Limited (“Ubique”) has commenced a drilling program on its Daniel’s Harbour zinc property in Newfoundland. A minimum of 6 holes have been scheduled to be drilled, with the possibility of expansion of the program to include additional holes. The primary objectives of the drilling ...

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GreenBank to Acquire 15% of Veterans Financial Group

Toronto, Ontario, August 14, 2017 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) ("GreenBank or the Company") announces that GreenBank has agreed to acquire 15% of Veterans Financial Group LLC (“Veterans”), a Portsmouth, Ohio, USA based insurance agency providing insurance services to veterans, families and businesses. GreenBank will pay $57,000 for a 15% interest in Veterans, payable $25,000 in cash and $32,000 by the issuance of 32,000 $1 Non-Voting 5% Preference Shares Series C. ...

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GreenBank Updates Its Merchant Banking Focus and Seeks To Make Further Small-Cap Investments

Toronto, Ontario, August 1, 2017 – GreenBank Capital Inc (CSE:GBC and OTCMKTS:GRNBF ("GreenBank or the Company") announces that it has completed an internal review of its merchant banking activities and reaffirms that its continuing focus will be the further development of its investment portfolio and its merchant banking business. GreenBank is seeking other small-cap investment opportunities, and welcomes approaches from aspiring private companies. During the last six months, and upon the completion of the proposed distribution ...

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GreenBank Signs Letter of Intent to Acquire 14% of Slabdeck

Toronto, Ontario, July 27, 2017 – GreenBank Capital Inc (CSE:GBC and OTCMKTS:GRNBF) ("GreenBank or the Company") announces that it has signed a Letter of Intent (“LOI”) to acquire 14% of Slabdeck Technology Inc (“Slabdeck”), a Canadian company that owns 100% of Slabdeck, a unique comprehensive all-in-one search mobile application that integrates social search, discovery and communication. Slabdeck resolves the challenge of having to use numerous apps to find items of interest. The Slabdeck mobile application is ...

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GreenBank Distribution Adjustment

Toronto, Ontario, July 14, 2017 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) ("GreenBank or the Company") announces an adjustment to the ratio of shares comprising the distribution previously announced on July 5, 2017. As a result of the exercise of incentive stock options by directors previously announced on July 7, 2017, the number of issued and outstanding shares of the Company have increased. Accordingly, for every one GreenBank common share on the Record Date ...

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2011  Author:   

DALLAS,TEXAS OCTOBER 5, 2011: Churchill Natural Resource Partners has agreed to acquire control of Opawica Explorations Inc. (TSX VENTURE:OPW). Opawica will carry out a private placement of 110,800,000 units at a price of $0.05 per unit for total proceeds of $5,540,000, of which $5,000,000 will be subscribed by an affiliate of Churchill. Each unit will be comprised of one common share and one share purchase warrant, each such warrant entitling the holder to acquire a further common share of the Company at a price of $0.065 for a term of 24 months. The proceeds of the investment will be used to accelerate the development of Opawica’s Atikwa Lake Gold-Copper Project, and for other corporate purposes.

Conditional on the closing of the private placement, the Board of Directors of Opawica will be changed and the existing directors will resign and be replaced by Danny Wettreich, the Managing Partner of Churchill, as Chairman and Chief Executive Officer and certain other nominees of Churchill as directors. Closing of the transaction is anticipated to occur on or before December 15, 2011. Either party has the right at their sole discretion to terminate the transactions contemplated at any time prior to closing.

Danny Wettreich states: “The objective of the new directors will be to transform Opawica in a relatively short period of time into a cash flow natural resource business with enhanced prospects for future growth.”

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