Mr. Jeff Ciachurski of Greenbriar reports

Greenbriar Capital (U.S.) LLC, a wholly owned subsidiary of Greenbriar Capital Corp., has acquired 10,687,500 common shares of Captiva Verde Land Corp. pursuant to an acquisition agreement between Greenbriar and the company. Pursuant to the terms of the agreement, Greenbriar transferred to the company a 50-per-cent undivided interest in and to approximately 132 acres of Greenbriar's real property located in the city of Tehachapi, Calif., United States, in consideration of, among other things, the issuance of the consideration shares at a deemed price of 20 cents per share.

Immediately prior to the closing of the transaction, Greenbriar did not hold any common shares of the company. Immediately following the closing of the transaction and the public offering by the company of five million shares, Greenbriar owns 10,687,500 common shares of the company, representing 12.48 per cent of the issued and outstanding common shares of the company on an undiluted basis.

While Greenbriar currently has no plans or intentions with respect to the consideration shares, depending on market conditions, general economic and industry conditions, trading prices of the company's securities, the company's business, financial condition, and prospects and/or other relevant factors, Greenbriar may acquire additional securities or dispose of its existing securities on the basis of its assessment of market conditions and in compliance with all applicable securities regulatory requirements.

Greenbriar has filed an early warning report via SEDAR. A copy of the report may be obtained directly from the company's SEDAR profile.