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GreenBank Capital Inc. is a business-transformation firm that nurtures early-stage and growth companies to achieve their full potential. With a focus on consultancy services and strategic investments, GreenBank aims to add value at every stage as a strategic partner. The company works with start-ups and early-stage businesses, including mining and mineral exploration companies, to implement strong business practices and drive sustainable growth. GreenBank is listed on the Canadian Securities Exchange (CSE: GBC), OTC markets (OTCMKTS: GRNBF), and Frankfurt Boerse (FRA: 2TL).
GreenBank Capital Inc. announced that its 19%-owned subsidiary, Staminier Limited, has extended its option period to purchase a 13-acre parcel of land near London Gatwick Airport until February 2023, at a cost of C$207,000 (£120,000). This land, aimed for reallocation as Strategic Employment Land, could be valued at approximately £19.5 million (C$34 million) based on comparable sales, contingent upon successful zoning consent. Staminier's management believes this site will cater to the rising demand for warehousing and distribution centers, bolstering job creation in the region.
GreenBank Capital has reported that its portfolio company, Ubique Minerals Limited, has secured a 24.99% shareholding in Resource 500 V Ltd, gaining access to rich mineral reserves in Namibia. This acquisition includes six Exploration Licenses that are believed to contain high-grade ore including zinc and copper. Ubique's move aims to enhance GreenBank's portfolio as it continues to identify profitable companies globally. In addition, GreenBank has appointed Sapience Communications as its PR advisers to improve corporate positioning.
GreenBank Capital Inc. announces that its portfolio company, Beelivery, has acquired Pinga, a London-based grocery delivery service, enhancing its operational capacity with 600 drivers and 5,000 customers. This strategic acquisition positions Beelivery as a leading player in the UK online grocery market, aiming for an average delivery time of less than one hour. With plans for further acquisitions, Beelivery is raising up to £25 million to support its expansion initiatives. The management expresses confidence in future growth and strategic mergers to strengthen market presence.
GreenBank Capital Inc. announces that European investors can now settle transactions in its common shares via CREST, the UK-based Central Securities Depository. This new trading capability is expected to streamline the transaction process for European investors, thereby enhancing access and liquidity for GreenBank's shares. Chairman Mark Wettreich highlights the significance of this move in strengthening the company's international market presence. GreenBank operates with a flexible, low-cost model focused on investing in undervalued growth companies.
GreenBank Capital Inc. (CSE:GBC) announced the filing of its annual audited financial statements for the year ending July 31, 2021, along with interim financial statements for the quarter ending October 31, 2021. These filings, completed by January 31, 2022, fulfill obligations under an MCTO granted by the Ontario Securities Commission, which is now no longer in effect. GreenBank, operating as a next-generation merchant bank, aims to invest in undervalued growth companies to enhance capital appreciation for shareholders. All documents are available on the SEDAR website.
GreenBank Capital Inc. (CSE:GBC) has issued a biweekly status report regarding its ongoing management cease trade order (MCTO) due to delays in filing audited annual financial statements required by November 29, 2021. The Ontario Securities Commission granted the MCTO to the CEO and acting CFO while allowing non-insiders to trade. The company is working with a third-party IFRS specialist to ensure compliance with the International Financial Reporting Standards. GreenBank aims to file the necessary documents by January 31, 2022. No material changes or defaults were noted.
GreenBank Capital Inc. has issued a biweekly status report regarding its Management Cease Trade Order (MCTO) following delays in filing its audited annual financial statements for the year ended July 31, 2021. The Ontario Securities Commission granted the MCTO on November 30, 2021, which impacts only the CEO and acting CFO, allowing other shareholders to trade. The Company is currently undergoing a third-party review to ensure compliance with IFRS guidelines and aims to file the required documents by January 31, 2022. No material changes have occurred since earlier announcements.
GreenBank Capital Inc. (CSE:GBC) has issued a biweekly status report regarding its Management Cease Trade Order (MCTO). The company has yet to file its audited annual financial statements for the year ended July 31, 2021, which were due on November 29, 2021. This delay is due to a need for a third-party analysis of its accounting practices. GreenBank expects to complete its filings by January 31, 2022. There are no anticipated defaults or material changes affecting the company, ensuring compliance with regulatory obligations.
GreenBank Capital Inc. has announced a management cease trade order (MCTO) from the Ontario Securities Commission due to delays in filing its 2021 Annual Financial Statements. The company anticipates filing these statements by January 31, 2022, after engaging a third-party IFRS specialist for accurate accounting and valuation. The MCTO restricts trading by senior executives but does not affect other shareholders. GreenBank remains committed to compliance and will provide bi-weekly status updates until the filings are submitted.
GreenBank Capital Inc. has announced a voluntary application for a management cease trade order (MCTO) from the Ontario Securities Commission due to a delay in filing its audited annual financial statements for the year ended July 31, 2021, originally due by November 29, 2021. The company anticipates completing these filings by January 31, 2022. An insider trading blackout has been imposed pending resolution. Currently, there are no insolvency proceedings against GreenBank, and the company is committed to issuing biweekly status reports during this period.
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