InvestmentMay 18, 2026, 06:07 AM
Greenbriar Closes CAD $225,000 Private Placement
AI Summary
Greenbriar Sustainable Living Inc. announced the closing of a non-brokered private placement, raising gross proceeds of CAD $225,000. The placement involved the issuance of 500,000 units at CAD $0.45 each, with each unit comprising one common share and one common share purchase warrant. The warrants are exercisable at CAD $0.55 per share until May 15, 2029, and the funds will be allocated to general working capital. The securities are subject to a four-month hold period, and the transaction awaits final approval from the TSX Venture Exchange.
Key Highlights
- Greenbriar Sustainable Living Inc. closed a non-brokered private placement.
- The private placement raised gross proceeds of CAD $225,000.
- A total of 500,000 units were issued at CAD $0.45 per unit.
- Each unit includes one common share and one common share purchase warrant.
- Warrants are exercisable at CAD $0.55 per share until May 15, 2029.
- The proceeds will be used for general working capital.
- Securities are subject to a four-month hold period expiring September 16, 2026.
- The private placement is subject to final approval from the TSX Venture Exchange.
Price Impact
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