Scottsdale, Arizona--(Newsfile Corp. - July 10, 2026) - Greenbriar Sustainable Living Inc. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar" or the "Company") is pleased to announce that the company has commenced the following pre-closing activities:
Greenbriar is pleased to announce that it has acquired the 267 acre-feet of deeded water rights needed for Sage Ranch. In addition to the water being directly owned by Greenbriar, Paul Morris has just placed his 76-acre feet of deeded water in an irrevocable escrow account, and Ronnie Strasser, who is under a binding contract with the Company, will soon enter into an irrevocable escrow account.
Water usage demand for Sage Ranch has significantly declined as a result of a recent and accurate water consumption analysis, performed by the city over the last two years. This data accurately reflects the much smaller individual unit footprint of the 995 homes at Sage Ranch, compared to an earlier outdated analysis, based on much larger older homes in the community, prior to 2021. In addition, Sage Ranch has adapted to more drought resistant native landscaping, providing an overall substantial water use reduction.
Sage Ranch allows the city to provide new housing inventory to the badly needed affordable new home shortage plaguing the Southern California Region. The market for Sage not only includes the immediate local area market, which traded 600+ homes in fiscal 2025, but also includes the large aerospace and industrial community of nearby Antelope Valley in Los Angeles County, 33 miles away. Sage is a 20 to 45 minute drive from major employers such as Edwards Air Force Base, The US Air Force Test Center, Northrop Plant 42, (the new B-21 Raider) Space X, Mojave Air and Spaceport, Pacific Steel Group (first new steel furnace in California in 80 years) Hydro-Store, Terra Gen's new 5,000 MW solar farm with 8,000Mwh of new battery storage and numerous other local industries. 35 miles to the west lies the Greater Bakersfield area which is in the heart of the California agriculture and petrochemical industries. The city provides new homes to these dynamic employers, and Sage is at the centerpiece of this effort, both literally and figuratively.
Sage Ranch is an environmental showcase due to its specific location. No automobile is required for any travel to and from school (all three schools; high, middle and elementary schools are all immediately bordering Sage Ranch on three sides) and the downtown retail and tourism center is a five-block walk.