Mr. Jeffrey Ciachurski reports

GREENBRIAR ANNOUNCES THAT PLANNING COMMISSION APPROVES THE SAGE RANCH PRECISE DEVELOPMENT PLAN AND THE PROJECT NOW MOVES FORWARD TO CONSTRUCTION

Greenbriar Capital Corp.'s 995-home sustainable entry-level residential subdivision in California received planning commission approval for the Sage Ranch precise development plan (PDP) at the planning commission meeting on Nov. 13, 2023.

Jeff Ciachurski, chief executive officer of Greenbriar, said: "The city has requested our team meet with the city staff within the next day or two to get everyone moving forward to obtain the necessary construction permits. Sage Ranch was purchased by the company 12 years ago and today marks a huge milestone to have a 995-home project approved in the state of California. We congratulate city staff, the planning commission, the city council, and our Greenbriar engineering, building and architectural teams for this gold-medal effort."

From an environmental standpoint, Sage Ranch will be a low-carbon showcase. Nowhere in the subdivision will any resident be more than a short three-block walk to either elementary, middle or high schools, making driving to school completely unneeded. Match this with state-mandated solar roofs, smart meters, optional battery storage and EV (electric vehicle) charging, smart appliances, and energy-efficient building techniques, Sage Ranch amounts to an exceptional model of environmental planning and carbon reduction. In due course, Greenbriar will assist the city in reaping the benefits of this environmental stewardship. Greenbriar Capital will change its name on Nov. 15, 2023, to Greenbriar Sustainable Living Inc. to better reflect the company's unique pathway of sustainable homes and renewable energy.

Greenbriar is named as one of the top performers on the TSX Venture Exchange. The 2023 TSX Venture 50 celebrates the strongest performances on the TSX-V over the past year. Comprising 10 companies from each of five industry sectors, the ranking recognizes the strongest performance on the exchange based on market capitalization growth, share price appreciation and trading volume.

The company is extremely proud to have earned a 2023 TSX Venture Top 50 ranking, selected from 1,713 TSX-V public companies. Since inception, Greenbriar has demonstrated its ability to successfully make and develop accretive acquisitions, resulting in year-over-year asset growth.

About Greenbriar Capital Corp.

Greenbriar is a leading developer of sustainable real estate and renewable energy. With long-term, high-impact projects and led by a successful industry-recognized operating and development team, Greenbriar targets deep-valued assets directed at accretive shareholder value.

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