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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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GreenBank Directors Exercise Options

Toronto, Ontario, July 7, 2017 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) ("GreenBank or the Company") announces that effective July 6, 2017 a total of 300,000 incentive stock options were exercised by two directors of the Company for total proceeds of $56,000. There are now 24,665,793 common shares of the Company issued and outstanding. Separately, the Company announces that Ryan Hunter has resigned as a director of the Company with effect from July 6, 2017. The ...

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GreenBank's Affiliate Ubique Minerals Completes Private Placement to Fund Drilling Program

Toronto, Ontario, July 6, 2017 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) ("GreenBank or the Company") announces that its affiliate Ubique Minerals Limited (“Ubique”) has completed a $150,000 private placement with Daniel Wettreich, CEO of GreenBank and Chairman of Ubique. Mr Wettreich subscribed for 3,750,000 Ubique common shares at a price of $0.04 per share. The proceeds of the private placement will be used by Ubique to fund a drilling program on its Daniel’s ...

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GreenBank to Distribute Its Software Division

Toronto, Ontario, July 5, 2017 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) ("GreenBank or the Company") announces that its board of directors has approved a proposal to distribute to its shareholders its software division, comprising of three companies, XGX Software Inc, Blockchain Evolution Inc, and KYC Technology Inc. At the time of distribution, XGC Software Inc will be the holding company of GreenCoinX which has developed the world’s first cryptocurrency requiring user identification; Blockchain Evolution ...

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GreenBank Added To CSE Composite Index

Toronto, Ontario, June 19, 2017 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) ("GreenBank or the Company") announces that, effective after the close of trading on June 16, 2017, the Company has been added to the CSE Composite Index. The CSE Composite Index is comprised of shares of Canadian Securities Exchange (“CSE”) listed companies that meet market capitalization, trading volumes, and certain other criteria established by the CSE, and is a broad indicator of market ...

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May
02

Gorilla Signs Definitive Agreement With CNRP Mining

2012  Author:   

 

Vancouver, British Columbia CANADA (May 2, 2012) – Gorilla Resources Corp. (“Gorilla” or the “Company”) is pleased to announce that it has signed a Definitive Agreement (the “Agreement”) to conclude a proposed reverse take over transaction (“RTO”) with CNRP MINING Inc. (“CNRP”) a private company
incorporated in British Columbia, the controlling shareholder of which is Danny Wettreich, as
previously announced in Gorilla’s news release dated April 10, 2012.

Closing of the Agreement will be subject to approval by the shareholders of Gorilla, and other
conditions. It is proposed that the name of Gorilla will be changed to Winston Resources Inc.
and the proposed new trading symbol will be WRW.

It is a term of the RTO that CNRP acquire from Castle Resources Inc. (“Castle”) all rights, title
and interest to an option agreement (the “Castle Option Agreement”) executed between Castle
and Stratabound Minerals Corp. (“Stratabound”) whereby Castle has the right to acquire up to a
70% interest in their 100% owned New Brunswick based Elmtree Gold Property (“Elmtree”)
It is also a term of the RTO that CNRP acquire from Stratabound all of Stratabound’s rights, title
and interest in Elmtree, including all of Stratabound’s interest in the Castle Option Agreement.
As a result of these transactions, CNRP will own 100% of Elmtree.

A further term of the RTO is that CNRP acquire from Green Swan Capital Corp. (“Green Swan”)
the option agreement executed between Green Swan and Melkior Resources Inc. whereby
Green Swan can acquire up to a 70% interest in the mining areas commonly known as the
RiverBank and Broke Back claims located in the Ring of Fire area in Ontario.

CNRP has agreed to a $500,000 private placement with Danny Wettreich, its CEO, and will
seek to complete a further private placement with Euro Pacific Canada to raise $750,000 to
coincide with the RTO.

Prior to closing the RTO, Gorilla will spin off to its present shareholders by way of a statutory
arrangement under the Business Corporations Act (British Columbia) two subsidiary companies
comprising all its interest in certain mining exploration properties in the Yukon.

Upon completing the RTO, Gorilla will have a total of 63,884,481 issued and outstanding
common shares, of which Castle will dividend 18,000,000 shares to the shareholders of Castle,
and Stratabound will dividend 10,000,000 shares to the shareholders of Stratabound.

Closing of the transactions shall be done in accordance with all applicable stock exchange and
securities requirements.

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