Financing ·
Upsizes proposed non-brokered private placement to 2.7M units for up to CDN $1.215M
GEBRFGreenbriar Sustainable Living Inc.
Greenbriar Sustainable Living Inc. has increased the size of its previously announced non-brokered private placement from 2,200,000 to 2,700,000 units at a price of CDN $0.45 per unit, raising aggregate gross proceeds of up to CDN $1,215,000. Each unit comprises one common share and one warrant exercisable for an additional share at CDN $0.55. The company also granted 450,000 incentive stock options to certain officers. Proceeds will fund Sage Ranch engineering costs for final construction permits. The transaction remains subject to TSX Venture Exchange approval.