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File: GRB August 13, 2018 .docx

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 TELEPHONE:  949.903.5906
N E W S   R E L E A S E

August 13, 2018         Toronto Venture Exchange Symbol: "GRB"
         Issued and Outstanding: 18,749,365

Greenbriar Capital Corp Renegotiates Loan from Director
August 13, 2018   Vancouver, British Columbia - Greenbriar Capital Corp. ("Greenbriar").  Greenbriar is pleased to ann
--->ounce that it has renegotiated the terms of an outstanding loan comprising certain debt due to Clifford M. Webb, the C
--->ompany's President, for services rendered to the Company.  Mr. Webb has agreed to extend the term of the loan until Ju
--->ne 15, 2021.  In recognition of Mr. Webb's efforts to move the Company's Montalva project in Puerto Rico forward to da
--->te and as a further inducement to ensure Mr. Webb's continued contribution to the advancement of the Montalva Project,
---> the Company has agreed to grant a bonus of $65,000 to Mr. Webb.  Payment of the outstanding loan as at June 15, 2018 
--->and the bonus payable have been included in a new convertible loan for the principal amount of $322,534.  Interest on 
--->the loan will be 8% per annum, compounded semi-annually.  The principal and interest of the loan are convertible into 
--->units of the Company.  Each unit is comprised of one common share and one half of one warrant, each whole warrant enti
--->tling the holder to acquire one additional common share at a price of $1.50 per share until the date which is three ye
--->ars from the date of acceptance by the Exchange.  The principal will be convertible at $1.25 per unit and the interest
---> will be convertible at a price in accordance with TSX Venture Exchange policies.  The proposed transaction is subject
---> to approval of the Exchange.
About Greenbriar Capital Corp:
A leading developer of renewable energy, sustainable real estate, real estate blockchain, and smart energy products. W
--->ith long-term, high impact, contracted sales agreements in key project locations and led by a successful, industry-rec
--->ognized operating and development team, Greenbriar targets deep valued assets directed at accretive shareholder value.
ON BEHALF OF THE BOARD OF DIRECTORS

"Jeff Ciachurski"
Jeffrey J. Ciachurski
Chief Executive Officer and Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this rele
--->ase. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of 
--->the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may 
--->contain forward-looking statements. All statements, other than statements of historical fact, constitute "forward-look
--->ing statements" and include any information that addresses activities, events or developments that the Company believe
--->s, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial 
--->or operating performance and other statements that express management's expectations or estimates of future performanc
--->e.



File: GRB August 13, 2018 .pdf

                                                                              TELEPHONE: 949.903.5906

                                         NEWS RELEASE


August 13, 2018                                               Toronto Venture Exchange Symbol: "GRB"

                                                              Issued and Outstanding: 18,749,365



                   Greenbriar Capital Corp Renegotiates Loan from Director
August 13, 2018 - Vancouver, British Columbia - Greenbriar Capital Corp. ("Greenbriar"). Greenbriar is pleased
to announce that it has renegotiated the terms of an outstanding loan comprising certain debt due to Clifford M.
Webb, the Company's President, for services rendered to the Company. Mr. Webb has agreed to extend the term
of the loan until June 15, 2021. In recognition of Mr. Webb's efforts to move the Company's Montalva project
in Puerto Rico forward to date and as a further inducement to ensure Mr. Webb's continued contribution to the
advancement of the Montalva Project, the Company has agreed to grant a bonus of $65,000 to Mr. Webb. Payment
of the outstanding loan as at June 15, 2018 and the bonus payable have been included in a new convertible loan
for the principal amount of $322,534. Interest on the loan will be 8% per annum, compounded semi-annually.
The principal and interest of the loan are convertible into units of the Company. Each unit is comprised of one
common share and one half of one warrant, each whole warrant entitling the holder to acquire one additional
common share at a price of $1.50 per share until the date which is three years from the date of acceptance by the
Exchange. The principal will be convertible at $1.25 per unit and the interest will be convertible at a price in
accordance with TSX Venture Exchange policies. The proposed transaction is subject to approval of the
Exchange.

About Greenbriar Capital Corp:

A leading developer of renewable energy, sustainable real estate, real estate blockchain, and smart energy
products. 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.

ON BEHALF OF THE BOARD OF DIRECTORS



Jeffrey J. Ciachurski

Chief Executive Officer and Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of
this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This
press release may contain forward-looking statements. All statements, other than statements of historical fact,
                                                    -2-


constitute "forward-looking statements" and include any information that addresses activities, events or
developments that the Company believes, expects or anticipates will or may occur in the future including the
Company's strategy, plans or future financial or operating performance and other statements that express
management's expectations or estimates of future performance.