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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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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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