GREENBANK CAPITAL INC - GRNBF STOCK NEWS

GreenBank Capital (CSE:GBC, OTCMKTS:GRNBF) announced that its 19%-owned subsidiary, Staminier Limited, has acquired 400 million Freeway Tokens as part of a collaboration with AuBit. This investment is valued at approximately US$3.2 million based on the market price of tokens. The Freeway Tokens will be locked until April 2021, with subsequent access to portions of the tokens over time. CEO David Lonsdale expressed optimism about AuBit’s potential to revolutionize asset management through technology. GreenBank also holds interests in several other companies, indicating a diverse investment strategy.

GreenBank Capital Inc. (OTC PINK: GRNBF) announced the completion of the sale of its 47.5%-owned GBC Grand Exploration's Twilite Gold Project to TRU Precious Metals Corp., finalized on November 9, 2020. This aligns with the terms of the prior letter of intent signed on October 13, 2020. Additionally, GreenBank is promoting its non-brokered private placement offering of $4.5 million through an independent video by Investment Pitch Media. Chairman Mark Wettreich expressed confidence in the transaction's benefits and future opportunities for the company.

GreenBank Capital Inc. has announced a non-brokered private placement offering, proposing to sell up to 10 million Units at a price of $0.45 per Unit, potentially raising $4.5 million in gross proceeds. Each Unit comprises one common share and one half of a common share purchase warrant, which can be exercised at $0.50 for 36 months post-closing. The funds will be used for investment and working capital. The offering is subject to regulatory approvals. GreenBank has a diversified investment portfolio across various sectors.

GreenBank Capital Inc. (CSE:GBC, OTC PINK:GRNBF) announced on October 30, 2020, that its 47.5% owned subsidiary, GBC Grand Exploration, signed a Definitive Agreement with Trius Precious Metals Corp. to transfer its mineral claims, particularly for the Twilite Gold project in Newfoundland. This follows a letter of intent signed on October 13, 2020. The transaction awaits governmental processing and regulatory approval. Chairman Mark Wettreich emphasized the mutual benefits of this agreement for both companies involved, reflecting GreenBank's strategic investment approach.

GreenBank Capital Inc. has extended the expiry of its Call Option to acquire the remaining 81% of Staminier Limited until February 14, 2021. This extension follows shareholder approval obtained at the April 8th meeting, allowing GreenBank to proceed with the acquisition at its discretion, pending regulatory compliance. GreenBank initially acquired 19% of Staminier along with a $480,000 CAD funding line. The company has a diverse investment portfolio including 11 small cap businesses, aiming for rapid growth and public listings over 6-24 months.

GreenBank Capital Inc. (CSE:GBC, OTC PINK:GRNBF) announced the launch of its newly designed website, created in collaboration with The Substantia Group. The revamped site features updated corporate branding, a comprehensive overview of services, and an introduction to the experienced Board and Executive Team. This initiative is part of GreenBank's aggressive growth strategy aimed at establishing a robust Merchant Bank in the evolving market landscape post-COVID-19. The website highlights GreenBank's flexible structure designed to capitalize on emerging opportunities.

GreenBank Capital has announced a binding Letter of Intent (LOI) with Trius Investments to transfer GBC Grand Exploration's Twilite Gold Property in Newfoundland. Trius will issue 1,435,000 shares at $0.25 each and pay $100,000 cash to GBC Grand. Additionally, a 1.0% net smelter returns royalty will be granted. Shareholders will receive more shares based on future mineral resource estimates. GreenBank considers this a significant achievement in unlocking value for shareholders and plans to continue seeking investment opportunities.

GreenBank Capital Inc. has announced an extension of its Call Option to acquire the remaining 81% of Staminier Limited until October 26, 2020. This follows the March 11, 2020 agreement where GreenBank acquired 19% of Staminier and received shareholder approval with 99.9% voting in favor at the April 8 Annual General Meeting. The extension provides GreenBank with additional time and flexibility to exercise this option.

GreenBank Capital Inc. (CSE:GBC, OTC PINK:GRNBF) announced a partnership with The Substantia Group to enhance its fundraising and growth strategy. The contract aims to raise a minimum of $2,000,000CAD and achieve trading volumes of $25,000CAD in common shares over the next 90 days. Success will result in compensation of £48,000GBP (~$84,000CAD) and 500,000 shares. This move aligns with GreenBank's focus on building a robust investment portfolio and improving market presence through strategic planning and operational support.