Greenbriar arranges $300,000 private placement

Executive Summary

• Greenbriar Sustainable Living Inc. announced a non‑brokered private placement of 750,000 units at $0.40 per unit, raising total gross proceeds of $300,000.
• Each unit consists of one common share and one full‑share purchase warrant; warrants are exercisable at $0.60 per share for 36 months.
• Proceeds will be used for general working capital; the units carry a four‑month hold period and the placement is subject to TSX Venture Exchange approval.

Key Details

• Units offered: 750,000
• Price per unit: $0.40 (C$0.40)
• Total gross proceeds: $300,000 (C$300,000)
• Unit composition: 1 common share + 1 full common‑share purchase warrant
• Warrant terms: Convertible into one common share at $0.60 per share; exercisable for a period of 36 months from issuance
• Use of proceeds: General working capital for the company’s sustainable real estate and renewable energy projects
• Hold period: Units subject to a four‑month lock‑up before they may be transferred or sold
• Regulatory condition: Placement requires approval by the TSX Venture Exchange

Notable Quotes

(No executive quotes were provided in the release.)