GreenBank Announces Warrant Exercise
Toronto, Ontario--(Newsfile Corp. - January 1, 2014) - GreenBank Capital Inc. (CNSX: GBC) ("GreenBank” or “the Company") announces that Mark Wettreich, a director of the Company, has exercised warrants he owns and has purchased 2,000,000 common shares at $0.05 per share for gross proceeds of $100,000. Mark Wettreich directly and indirectly beneficially now owns 4,000,000 common shares of GreenBank, representing 43.75% of the Company. There are now 9,142,460 common shares of GreenBank issued and outstanding.
GreenBank is a corporate finance investment business focusing on investing in Canadian small cap companies. GreenBank has launched two subsidiaries to invest in Bitcoin and Bitcoin startups, and believes it is the first public company to establish a presence in Bitcoin. GreenBank also facilitates listing private companies on the CNSX, arranges mergers and acquisitions, and invests equity in the transactions as appropriate.
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Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of GreenBank Capital Inc. The forward-looking information is based on certain key expectations and assumptions made by the company's management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
The CNSX has not reviewed, approved or disapproved the content of this press release.