InvestmentMay 12, 2026, 06:12 AM
Greenbriar Announces CDN $225,000 Non-Brokered Private Placement
AI Summary
Greenbriar Sustainable Living Inc. announced a non-brokered private placement to raise CDN $225,000. The placement involves 500,000 units, each priced at CDN $0.45 and consisting of one common share and one common share purchase warrant. The warrants are exercisable at CDN $0.55 for 36 months, and the proceeds will be used for general working capital, pending TSX Venture Exchange approval.
Key Highlights
- Greenbriar announces a non-brokered private placement of 500,000 units.
- Total proceeds from the private placement are CDN $225,000.
- Each unit is priced at CDN $0.45 and includes one common share and one common share purchase warrant.
- Each warrant is exercisable at CDN $0.55 per share for a period of 36 months.
- Proceeds are designated for general working capital.
- The units are subject to a four-month hold period.
- The private placement is subject to TSX Venture Exchange approval.
- No finder's fees will be paid in connection with the private placement.
Price Impact
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