16:47:02 EDT Tue 16 Apr 2024
Enter Symbol
or Name
USA
CA



Greenbriar Capital Corp
Symbol GRB
Shares Issued 19,615,690
Close 2019-02-01 C$ 0.88
Market Cap C$ 17,261,807
Recent Sedar Documents

Greenbriar unit RealBlock launches RealBloq.io platform

2019-02-04 06:38 ET - News Release

Mr. Jeff Ciachursk reports

REALBLOCK GOES LIVE WITH TITLE SECURITY AND LANDMARK TITLE FOR SECURE WIRE COMMUNICATIONS

Greenbriar Capital Corp. subsidiary RealBlock Ltd.'s RealBloq.io platform is now live and collecting revenue from branches of Title Security and Landmark Title. Rollout to additional branches will occur over the coming weeks and many additional title companies are in negotiations to come on-line in short order. RealBlock provides a secure platform to communicate wire instructions with real estate buyers, sellers and other designated stakeholders during the closing process. RealBlock is setting a goal of 60,000 transactions per month ($14-million (U.S.)) annualized by February, 2020. This goal will not be linear, but rather weighted toward the 12-month period. The company will provide guidance updates accordingly on this forecast.

Tommy Sullivan, chief executive officer of Title Security, stated: "Our escrow officers are very excited about the technology. As wire fraud incidents continue to escalate, the need to secure the exchange of documents and communications between buyers, sellers and others involved in real estate transactions are more crucial than ever. It's often the biggest financial transaction of their lives, and we want to do everything we can to ensure it works as it should. RealBloq is the new standard of care in the title industry."

About Greenbriar Capital Corp.

Greenbriar is a leading developer of sustainable real estate, real estate blockchain, artificial intelligence and renewable energy. With long-term, high-impact, contracted sales agreements in key project locations and led by a successful, industry-recognized operating and development team, Greenbriar targets deep-valued assets directed at accretive shareholder value.

We seek Safe Harbor.

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