VANCOUVER, Sept. 25, 2017
Toronto Venture Exchange Symbol: "GRB"
Issued and Outstanding: 16,969,647
VANCOUVER, Sept. 25, 2017 /CNW/ - Greenbriar Capital Corp ("Greenbriar") is pleased to announce the approval from the Toronto Venture Exchange for the closing of the previously announced acquisition of an Ontario based private company (the "Target") which holds the exclusive Canadian sales, distribution and marketing rights for the entire suite of game-changing Smart Glass energy products, developed and built by Gauzy of Tel-Aviv, Israel (the "Acquisition").
In addition, Greenbriar will be entitled to sell the entire suite of products into any other country of the world if the sales are being made to a subsidiary of an entity which has its principal place of business or head office located within Canada.
In connection with the Acquisition, Greenbriar issued 2,500,000 common shares in the capital of Greenbriar for a deemed value of CAD$2,125,000 to shareholders of the Target. There is a six (6) month mandatory hold period for the shares.
For a visual presentation of the many ways Gauzy has created Liquid Crystal Glass for all of us to enjoy, please go to: https://www.youtube.com/watch?v=mrQlW1oRUns
About Greenbriar Capital Corp.
Greenbriar Capital Corp. is a leading developer of renewable energy and sustainable real estate projects. With long-term, high impact, contracted sales agreements in key project locations and led by a successful industry-recognized operating and development team, Greenbriar targets deep valued assets directed at accretive shareholder value.
ON BEHALF OF THE BOARD OF DIRECTORS
Jeffrey J. Ciachurski
Chief Executive Officer and Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements. All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.
SOURCE Greenbriar Capital Corp.
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Jeffrey J. Ciachurski, Chief Executive Officer and Director, TELEPHONE: 949.903.5906, FACSIMILE: 604.608.9572Copyright CNW Group 2017