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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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Dec
17

GreenBank Capital Creates Bitcoin Presence – Shares Jump 108% (via Stockhouse.com)

2013  Author:   

Published on December 17, 2013
By: Gaalen Engen

GreenBank Capital (CNSX:GBC, StockForum), a Vancouver-based company engaged in business of investing in Canadian small cap publicly listed companies, announced today that the company had launched to two subsidiaries to take advantage of the growing bitcoin market.

Bitcoin, introduced in 2009 by pseudonymous developer Satoshi Nakamoto, is a digital decentralized P2P cryptocurrency that no one institution controls.

With only 21 million bitcoins to be produced and an estimated market cap of $7.2 billion once that production ceases, bitcoins have become hot property with some of those coins being traded for $1100 each.

Bitcoin Canada, the first of GreenBank’s subsidiaries is slated to invest solely in the bitcoin currency, while the second subsidiary, Bitcoin Angel Capital, will invest in early stage bitcoin and other cryptocurrency companies.

The company intends to put together $5.0 million through a private placement debenture offering in order to facilitate this new venture.

According to the news release, “Management plans to ultimately spin off a portion of both these companies to GreenBank shareholders and apply to list the new entities on the Canadian National Stock Exchange.”

GreenBank CEO, Danny Wettreich, commented on the company’s move, “I believe that Bitcoin is in the early stages of becoming a revolutionary payment medium, and GreenBank intends to be actively involved as a Bitcoin incubator and investor.”

GreenBank Capital was in the news recently when the company completed a non-brokered private placement in the end of November.

Shares spiked 108.33% on the news to $0.125 per share.

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