Green Rise Capital Corporation Announces Stock Option Grant

Toronto, Ontario--(Newsfile Corp. - August 28, 2020) - Green Rise Capital Corporation (TSXV: GRF) ("Green Rise" or the "Company") announces that, pursuant to its Stock Option Plan, it has granted stock options to directors, officers and employees of the Company to purchase an aggregate 2,050,000 common shares in the capital of the Company at an exercise price of $0.24 per share which expire on August 28, 2025.

This stock option grant is subject to acceptance by the TSX Venture Exchange.

ABOUT GREEN RISE

Green Rise is a grower of fresh produce with a producing, 51-acre greenhouse on its 81-acre farm located in Leamington, Ontario. Poised to be the "best-in-class" contract grower of fresh produce, the Company takes pride in providing high-quality, consistent and reliable product to meet the growing consumer demand for locally grown fresh produce. By leveraging innovative growing solutions and embracing technology, Green Rise seeks to optimize its operations to generate improved product quality and shelf life, expand profit margins, and provide investors with meaningful and growing returns.

Contact Information

For further information, please contact:

Green Rise
Vincent Narang, Chief Executive Officer
Phone: 416-294-2881
E-mail: vnarang@greenrisecapital.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/62801

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