Business
Greenbriar Capital Corp Closes Private Placement
TSX.V Symbol: "GRB" Issued and Outstanding: 11,423,000 NEWPORT BEACH, CA , Oct. 31, ...
About this update from Greenbriar Sustainable Living Inc
[{"type":"text","content":"\n\n\nTSX.V Symbol: \"GRB\"\nIssued and Outstanding: 11,423,000\n\n\nNEWPORT BEACH, CA, Oct. 31, 2013 /CNW/ - Greenbriar Capital Corp.\n (TSX.V: GRB) (OTC: GEBRF) is pleased to announce that it has closed a\n non-brokered private placement of 111,000 units (the \"Units\") at price\n of $2.70 per Unit.  Each Unit is comprised of one common share and one\n half of one share purchase warrant.  Each whole warrant entitles the\n holder to acquire one additional share in the capital of the Company at\n a price of $3.00 for a period of 24 months from the date the Warrants\n are issued.\n\n\nIn addition, the Company has paid PI Financial Corp. (\"PI\") a finder's\n fee comprised of a cash commission equal to 6% of the proceeds invested\n by certain investors and 2,220 finder's warrants (the \"Finder's\n Warrants\") entitling PI to acquire up to 2,220 common shares in the\n capital of the Company at a price of $3.00 per share for a period of 24\n months from the date that the Finder's Warrants are issued.\n\n\nThe Warrants and Finder's Warrants will not be listed for trading and\n any common shares issued upon the exercise of any Warrants or Finder's\n Warrants, will be subject to a hold period expiring at midnight on\n March 2, 2014.\n\n\nThe securities have not been and will not be registered under the U.S.\n Securities Act of 1933, as amended (the \"1933 Act\"), or under any state\n securities laws, and may not be offered or sold, directly or\n indirectly, or delivered within the United States or to, or for the\n account or benefit of, U.S. persons (as defined in Regulation S under\n the 1933 Act) absent registration or an applicable exemption from the\n registration requirements.  This news release does not constitute an\n offer to sell or a solicitation to buy such securities in the United\n States.\n\n\nAbout Greenbriar Capital Corp.\n\n\nGreenbriar Capital Corp. is a leading developer of renewable energy and\n sustainable real estate projects. With long-term, high impact,\n contracted sales agreements in key project locations and led by a\n successful industry recognized operating and development team,\n Greenbriar targets deep value assets directed at accretive shareholder\n value.\n\n\nON BEHALF OF THE BOARD OF DIRECTORS\n\n\n\"SIGNED\"\n\n\nJeffrey J. Ciachurski\nPresident, Chief Executive Officer and Direct...