08:09:43 EDT Tue 06 Oct 2026
Enter Symbol
or Name
USA
CA



Greenbriar Sustainable Living Inc
Symbol GRB
Shares Issued 44,479,983
Close 2026-10-05 C$ 0.52
Market Cap C$ 23,129,591
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Greenbriar arranges $990,000 private placement

2026-10-06 03:46 ET - News Release

Mr. Jeffrey Ciachurski reports

GREENBRIAR ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Greenbriar Sustainable Living Inc. has arranged a private placement of 2.2 million units at 45 cents per unit for total proceeds of $990,000. Each unit comprises one common share and one full common share purchase warrant. Each warrant is exercisable to acquire one common share at 55 cents per share for a period of 36 months. Proceeds are for mainly Sage Ranch engineering costs to file the final construction permits for grading, sewer, drainage, water, curb, gutter, internal roads and dry utilities. The units are subject to a four-month hold period. The private placement is subject to the approval of the TSX Venture Exchange and the board. No finders' fees will be paid in connection with the private placement.

The chief executive officer of the company will cash finance one million units and the president 200,000 units.

Further to the company receiving annual general meeting approval for up to $8-million in convertible preferred shares at $1 per share, the company has between $6.5-million to $8-million in debtholders willing to convert, and will issue the subscription agreements this week. The preferred shares have no special voting rights and will only have one vote per share. This shows good leadership from the company with the conversion at $1 per share into common at one for one. There is no fixed or mandatory interest rate or payment, no mandatory redemptions, and it is perpetual. The board may vote at its discretion at any time to issue a dividend, but at a maximum of 8 per cent per year and cumulative if voted affirmative. This moves between $6.5-million and $8-million from the liabilities into the equity account and cleans up the balance sheet. The company may seek the preferred shares to be listed.

About Greenbriar Sustainable Living Inc.

Greenbriar is a leading developer of sustainable real estate and renewable energy. With long-term, high-impact projects 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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