Received by email:

File: GRB October 1, 2018.docx

/
 TELEPHONE:  949.903.5906

N E W S   R E L E A S E

October 1, 2018         Toronto Venture Exchange Symbol: "GRB"
         Issued and Outstanding: 18,833,176

GREENBRIAR CAPITAL CORP COMPLETES PRIVATE PLACEMENT 

October 1, 2018 (BOISE, Id) - Greenbriar Capital Corp. ("Greenbriar") - a leading developer of sustainable real estate
--->, real estate blockchain, and renewable energy projects - announces today that it has closed the non brokered private 
--->placement announced by the Company on September 21, 2018.  The Company has issued 500,000 units (the "Units") at a pri
--->ce of $1.03 per Unit for gross proceeds of $515,000.  Each Unit is comprised of one common share and one half of one s
--->hare purchase warrant.  Each whole warrant (a "Warrant") entitles the holder to acquire one additional share in the ca
--->pital of the Company at a price of $1.50 until October 1, 2020.  
A 10% finder's fee was paid to Ascenta Finance Corp. comprised of a cash payment of $33,915 and the issuance of 32,927
---> options (the "Finder's Options") to purchase units of the Company at a purchase price of $1.03 per unit until October
---> 1, 2020.  Each unit (a "Finder's Unit") consists of one common share of the Company and one-half of one non-transfera
--->ble common share purchase warrant, each whole warrant (a "Finder's Warrant") entitling the holder thereof to purchase 
--->one additional common share of the Company at an exercise price of $1.50 per share until October 1, 2020.
A 7% finder's fee was also paid to Jian Xu comprised of a cash payment of $5,047 and the issuance of 4,900 Finder's Un
--->its.
The common shares comprising the Units and Finder's Units and any shares issued upon the exercise of any Warrants, Fin
--->der's Options or Finder's Warrants are subject to a hold period expiring at midnight on February 1, 2019.  Proceeds fr
--->om the Private Placement will be used by the Company for working capital purposes.
The Company also announces it has entered into an amending agreement with one of its consultants, Roy Lewis Eiguren LL
--->C (the "Consultant"), who provides strategic consulting services on behalf of the Company in connection with the Compa
--->ny's Montalva Project in Puerto Rico.  The original agreement for professional services has been amended to increase t
--->he Consultant's monthly fee to US$15,000 per month effective August 1, 2018, due to the fact there are at least four c
--->onsultants working on our Montalva Project under Roy Lewis Eiguren LLC.   The payments to the Consultant will be made 
--->by the issuance of shares of the Company at a deemed price based on the 10-day average trading price on the last day o
--->f each month during which consulting services have been provided.  The amended agreement is subject to approval of the
---> Toronto Venture Exchange.  
On behalf of the Board
"Jeff Ciachurski"
Jeff Ciachurski, CEO
Disclaimer:
The Toronto Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this 
--->release. Neither the Toronto Venture Exchange nor its Regulation Service Provider (as that term is defined in the poli
--->cies of the Toronto 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-looking statements" and include any information that addresses activities, events or developments that the Com
--->pany believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or futur
--->e financial or operating performance and other statements that express management's expectations or estimates of futur
--->e performance.

###


File: GRB October 1, 2018.pdf

                                                                        TELEPHONE: 949.903.5906



                                     NEWS RELEASE


October 1, 2018                                         Toronto Venture Exchange Symbol: "GRB"

                                                         Issued and Outstanding: 18,833,176


GREENBRIAR CAPITAL CORP COMPLETES PRIVATE PLACEMENT


October 1, 2018 (BOISE, Id) - Greenbriar Capital Corp. ("Greenbriar")   a leading developer of
sustainable real estate, real estate blockchain, and renewable energy projects   announces today that it
has closed the non-brokered private placement announced by the Company on September 21, 2018.
The Company has issued 500,000 units (the "Units") at a price of $1.03 per Unit for gross proceeds of
$515,000. Each Unit is comprised of one common share and one half of one share purchase warrant.
Each whole warrant (a "Warrant") entitles the holder to acquire one additional share in the capital of
the Company at a price of $1.50 until October 1, 2020.

A 10% finder's fee was paid to Ascenta Finance Corp. comprised of a cash payment of $33,915 and
the issuance of 32,927 options (the "Finder's Options") to purchase units of the Company at a
purchase price of $1.03 per unit until October 1, 2020. Each unit (a "Finder's Unit") consists of one
common share of the Company and one-half of one non-transferable common share purchase warrant,
each whole warrant (a "Finder's Warrant") entitling the holder thereof to purchase one additional
common share of the Company at an exercise price of $1.50 per share until October 1, 2020.

A 7% finder's fee was also paid to Jian Xu comprised of a cash payment of $5,047 and the issuance of
4,900 Finder's Units.

The common shares comprising the Units and Finder's Units and any shares issued upon the exercise
of any Warrants, Finder's Options or Finder's Warrants are subject to a hold period expiring at
midnight on February 1, 2019. Proceeds from the Private Placement will be used by the Company for
working capital purposes.

The Company also announces it has entered into an amending agreement with one of its consultants,
Roy Lewis Eiguren LLC (the "Consultant"), who provides strategic consulting services on behalf of
the Company in connection with the Company's Montalva Project in Puerto Rico. The original
agreement for professional services has been amended to increase the Consultant's monthly fee to
US$15,000 per month effective August 1, 2018, due to the fact there are at least four consultants
working on our Montalva Project under Roy Lewis Eiguren LLC. The payments to the Consultant
will be made by the issuance of shares of the Company at a deemed price based on the 10-day average
                                                  -2-


trading price on the last day of each month during which consulting services have been provided. The
amended agreement is subject to approval of the Toronto Venture Exchange.

On behalf of the Board



Jeff Ciachurski, CEO

Disclaimer:

The Toronto Venture Exchange has not reviewed and does not accept responsibility for the accuracy
or adequacy of this release. Neither the Toronto Venture Exchange nor its Regulation Service
Provider (as that term is defined in the policies of the Toronto 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-
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.



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