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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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Apr
22

GreenBank Announces Rights Offering

2013  Author:   

Toronto, Ontario, April 22, 2013 – GreenBank Capital Inc. (CNSX: GBC) (“GreenBank” or “the Company”) announces that the Company will file a rights offering circular (the “Rights Offering Circular”) with the securities regulators in each of the provinces of Canada (with the exception of Quebec) in respect of a rights offering to raise gross proceeds of $96,418 (the “Offering”) which will be used for general corporate purposes.

Under the Offering, each registered holder of common shares of the Company (the “Shares”) as of the Record Date of May 13,2013 will receive one right (a “Right”) for each Share held. Four Rights plus the sum of $0.015 (the “Subscription Price”) are required to subscribe for one Share (the “Basic Subscription Privilege”). The Rights, which are non-transferable, will expire on a date to be announced (the “Expiry Date”), after which unexercised Rights will be void and without value. Shareholders who fully exercise their Rights may subscribe for any additional Shares not otherwise subscribed for before the Expiry Date (the “Additional Subscription Privilege”).

The Offering is subject to regulatory approval and to the CNSX listing the common shares of the Company underlying the Rights. The Offering will be made in jurisdictions where the Company is eligible to make such an offering. To subscribe for Shares, a completed Rights Certificate, together with payment in full of the Subscription Price for the Shares subscribed for, must be received by the subscription agent for the Offering before the Expiry Date. Danny Wettreich, Chairman and CEO of the Company, has advised the Company that he intends to fully exercise his Rights under the proposed Offering and has entered into a stand-by commitment agreement to subscribe for those Rights Shares not otherwise subscribed for on the exercise of Rights. More details concerning the Offering and the procedures to be followed by the holders of Shares will be contained in the Rights Offering Circular to be mailed to holders of Shares.

About GreenBank

GreenBank is a corporate finance investment business focusing on investing in Canadian small cap publicly listed companies. Based on the model of a London merchant bank, GreenBank takes equity positions in its clients, often participating in client company decisions via board of directors’ positions. GreenBank facilitates listing private companies on the CNSX, arranges mergers and acquisitions, and invests equity in the transactions as appropriate.

For more information please see www.GreenBankCapitalinc.com or contact Danny Wettreich at (647) 931 9768 or dw@GreenBankCapitalinc.com.

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of GreenBank Capital Inc. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CNSX has not reviewed, approved or disapproved the content ofthis press release.

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