GreenBank To Acquire 35% Of Ubique Minerals



Toronto, Ontario, April 26, 2017 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) (“GreenBank or the Company”) announces that GreenBank has signed a definitive agreement (the “Agreement”) for the acquisition by GreenBank of 35% of the issued share capital of Ubique Minerals Limited (“Ubique”), a private mineral exploration company. GreenBank will pay $423,563 for a 35% interest in Ubique, payable by the issuance by GreenBank of 423,563 $1 Non-Voting 5% Preference Shares Series B.

The principal property of Ubique is the Buchans Wileys Property (“Buchans Wileys”) located south of the town of Buchans in central Newfoundland, Canada, and consisting of 48 contiguous claims, covering a total area of 11 square km. Buchans Wileys is approximately 3km southwest of the past producing Buchans Mine. From 1927-1984 the Buchans Mine produced 16,196,876 tonnes of ore at an average mill head grade of 14.51% zinc, 7.65% lead, 1.33% copper, 126 grams/tonne silver and 1.37 grams per tonne gold (Thurlow, J.G., and Swanson, E.A., 1981: Geology and ore deposits of the Buchans area, central Newfoundland. In The Buchans Orebodies: Fifty Years of Geology and Mining; Editors, Swanson, E.A., Strong., D.F., and Thurlow, J.G., Geological Association of Canada Special Paper 22; pp. 114-142.).

Buchans Wileys is adjacent to the Buchans Project assembled since 2014 by Altius Minerals Corporation, and recently transferred to its affiliate Adventus Zinc Corporation which completed its initial public offering in February 2017.

Ubique also owns the Daniels Harbour property consisting of 25 non-contiguous claims in two licenses, one comprising 17 claims and one comprising 8 claims, around the former Daniels Harbour zinc mine situated approximately 10 km northeast of the town of Daniels Harbour on the west coast of Newfoundland. Approximately 7,000,000 tonnes averaging 7.8% zinc have been mined from the Daniels Harbour mine ( Wardle, R.J. (2000) Mineral Commodities of Newfoundland and Labrabor – Zinc and Lead; Government of Newfoundland and Labrador, Geological Survey, Mineral Commodities Series Number 1, 12).

Upon closing of the Agreement, Danny Wettreich, CEO of GreenBank will be appointed a director and Chairman of the Board of Ubique. Paul Cullingham will remain as CEO of Ubique and Larry Quinlan will remain as President of Ubique.

“GreenBank believes that Buchans Wiley has great potential to be a significant mineral property, and we intend to support Ubique with its development efforts” said Danny Wettreich.

“Having GreenBank as a substantial shareholder in Ubique will strengthen our financial capabilities, and accelerate our mineral exploration plans” said Larry Quinlan, President of Ubique.

Paul Cullingham and Ryan Hunter, directors of GreenBank, are also directors of Ubique. The participation by Paul Cullingham and Ryan Hunter in this transaction is considered to be a related party transaction as defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). A special committee established by the board of directors and consisting of an independent director determined that the related party transaction is fair and reasonable in the circumstances to the Company. Neither the Company nor the related party has knowledge of any material information concerning the Company or its securities that has not been generally disclosed. The transaction will not have an effect on the direct or indirect voting interests of the related party. The process of approving the transaction involved the appointment of a special committee, the approval of the transaction by the special committee, the consideration of the transaction by the directors with Paul Cullingham and Ryan Hunter disclosing their interest, and the unanimous approval of the transaction by the directors. The special committee was comprised of one director who is independent within the meaning of MI 61-101.There are three directors who are independent within the meaning of MI 61-101. The Company has relied on sections 5.5(b) of MI 61-101 for an exemption from the formal valuation requirement, and section 5.7(a) of MI 61-101 for an exemption from the minority shareholder approval requirements. A material change report in respect of the related party transaction will be filed at least 21 days in advance of the closing of the Agreement.

Alan Aubut P.Geo., is the qualified person as defined by NI 43-101 guidelines responsible for the technical data presented herein and has reviewed and approved this release.

About GreenBank

GreenBank is a merchant banking business listed on the Canadian Securities Exchange (trading symbols CSE:GBC and OTCMKTS:GRNBF). Its 80% subsidiary GreenCoinX Limited, a UK company, has developed the world’s first cryptocurrency and blockchain requiring user identification. GreenBank’s 100% subsidiary GreenBank Financial Inc. is a merchant bank. GreenBank is in the process of completing the acquisition of 10% of The Lonsdale Group LLC, a USA based private equity company focused on small cap investments.

For more information please see www.GreenBankCapitalinc.com or www.GreenCoinX.com or contact Danny Wettreich at (647) 931 9768 or by email dw@GreenBankCapitalinc.com .

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of GreenBank Capital Inc., raising additional capital and the future development of of GreenCoinX. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release

GreenBank Approves Private Placement

Toronto, Ontario, February 2, 2017 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) (“GreenBank or the Company”) announces that the Company has agreed to a non-brokered private placement (the “Private Placement”) in which Sammiri Capital Inc, a company owned by Daniel Wettreich, CEO and a director of the Company, and David Lonsdale a director, will invest a total of $110,000 by subscribing for 2,200,000 units (each a “Unit”) of GreenBank at a price of $0.05 per Unit. Each Unit consists of one common share in the capital of GreenBank and one common share purchase warrant. Each common share purchase warrant entitles the holder to acquire one additional common share in the capital of GreenBank at an exercise price of $0.05 for 36 months after closing. The securities are subject to a hold period of four months and a day.

Upon closing of the Private Placement, GreenBank will have 20,902,460 issued and outstanding shares, and Daniel Wettreich directly and indirectly will beneficially own 16,341,198 common shares of GreenBank, representing 78.12% of GreenBank and 2,000,000 common share purchase warrants representing 53.19% of the outstanding warrants of GreenBank. In the event that all the warrants were exercised by Daniel Wettreich he would directly and indirectly beneficially own 18,341,198 common shares of GreenBank representing 80.01% of the increased share capital of 22,902,460 common shares.

Upon closing of the Private Placement, David Lonsdale will beneficially own 1,140,200 common shares of GreenBank, representing 5.45% of GreenBank and 1,000,000 common share purchase warrants representing 26.6% of the outstanding warrants of GreenBank. In the event that all the warrants were exercised by David Lonsdale he would beneficially own 2,140,200 common shares of GreenBank representing 9.77% of the increased share capital.

The proceeds of the Private Placement will be used for working capital purposes to make payments to GreenBank’s creditors.

Neither GreenBank nor Daniel Wettreich nor David Lonsdale have any knowledge of any material information concerning the Company or its securities that have not been generally disclosed. The process of approving the private placement involved the appointment of a special committee, the approval of the transaction by the special committee, the consideration of the transaction by the directors with Daniel Wettreich and David Lonsdale disclosing their interest, and the unanimous approval of the transaction by the directors. The special committee was comprised of one director who is independent within the meaning
of MI 61-101.There are three directors who are independent within the meaning of MI 61-101.

The participation by Sammiri Capital Inc, a private company owned by Daniel Wettreich, and by David Lonsdale a director, in the Private Placement is considered to be a related party transaction as defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). A special committee established by the board of directors and consisting of an independent director determined that the related party transaction is fair and reasonable in the circumstances to the Company. The Company has relied on sections 5.5(b) and (c) of MI 61-101 for an exemption from the formal valuation requirement, and section 5.7(b) of MI 61-101 for an exemption from the minority shareholder approval requirements. A material change report in respect of the related party transaction will be filed at least 21 days in advance of the closing of the Private Placement.

About GreenBank

GreenBank is a Canadian public company (trading symbols CSE:GBC and OTCMKTS:GRNBF). Its 80% subsidiary GreenCoinX Limited, a UK company, has developed the world’s first cryptocurrency and blockchain requiring user identification. GreenBank’s 100% subsidiary GreenBank Financial Inc. is a merchant bank.

For more information please see www.GreenBankCapitalinc.com or www.GreenCoinX.com or contact Danny Wettreich at (647) 931 9768 or by email dw@GreenBankCapitalinc.com .

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of GreenBank Capital Inc., raising additional capital and the future development of of GreenCoinX. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release

GreenBank Completes Private Placement and CEO Exercises Warrants

Toronto, Ontario, January 25, 2017 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) (“GreenBank or the Company”) announces that the Company has completed its previously announced nonbrokered private placement (the “Private Placement”) in which Sammiri Capital Inc, a private company owned by Daniel Wettreich, CEO and a director of the Company, and David Lonsdale a director, have invested a total of $110,000 by subscribing for 2,200,000 units (each a “Unit”) of GreenBank at a price of $0.05 per Unit. Each Unit consists of one common share in the capital of GreenBank and one common share purchase warrant. Each common share purchase warrant entitles the holder to acquire one additional common share in the capital of GreenBank at an exercise price of $0.05 for 36 months after closing. The securities are subject to a hold period of four months and a day.

The Company further announces that Sammiri Capital Inc, a private company owned by Daniel Wettreich, has exercised its warrants and invested a further $100,000 by purchasing 2,000,000 common shares of GreenBank. Daniel Wettreich now directly and indirectly beneficially owns 14,633,026 common shares of GreenBank representing 78.24% of the increased share capital.

There are now 18,702,460 issued and outstanding common shares of GreenBank.

The participation by Sammiri Capital Inc, a private company owned by Daniel Wettreich, and by David Lonsdale a director, in the Private Placement is considered to be a related party transaction as defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). A special committee established by the board of directors and consisting of an independent director determined that the related party transaction is fair and reasonable in the circumstances to the Company. The Company has relied on sections 5.5(b) and (c) of MI 61-101 for an exemption from the formal valuation requirement, and section 5.7(b) of MI 61-101 for an exemption from the minority shareholder approval requirements. A material change report in respect of the related party transaction was filed at least 21 days in advance of the closing of the Private Placement.

About GreenBank

GreenBank is a Canadian public company (trading symbols CSE:GBC and OTCMKTS:GRNBF). Its 80% subsidiary GreenCoinX Limited, a UK company, has developed the world’s first cryptocurrency and blockchain requiring user identification. GreenBank’s 100% subsidiary GreenBank Financial Inc. is a merchant bank.

For more information please see www.GreenBankCapitalinc.com or www.GreenCoinX.com or contact Danny Wettreich at (647) 931 9768 or by email dw@GreenBankCapitalinc.com .

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of GreenBank Capital Inc., raising additional capital and the future development of of GreenCoinX. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release

GreenBank Subsidiary GreenCoinX Commences Up To $33,000,000 Private Placement Financing

Toronto, Ontario, July 18, 2016 – GreenBank Capital Inc (CSE:GBC and OTCMKTS:GRNBF) (“GreenBank”) announces that its subsidiary GreenCoinX Inc, which has developed the world’s first cryptocurrency requiring user identification, has engaged P2P Financial Inc doing business as The OCMX (“OCMX”) to complete an up to $33,000,000 brokered private placement financing. OCMX is a Toronto based investment bank with an online funding portal raising capital for companies by connecting them with accredited investors.

The GreenCoinX Inc brokered private placement comprises of up to 5,000,000 common shares at a price of $6.60 per share. If fully subscribed the newly issued shares will represent 20% of the increased share capital of GreenCoinX Inc. The GreenBank shareholding in the increased share capital of GreenCoinX Inc will be 64%, if the private placement is fully subscribed. The proceeds of the private placement will be used for marketing expenses, software and hardware expenses, and working capital, all designed to launch the GreenCoinX cryptocurrency on a worldwide basis.

OCMX are engaged on a non-exclusive basis to introduce the private placement to both institutional investors and individuals who qualify as accredited investors on a “best efforts” basis, and will receive a success fee equal to four percent of any financing received from any finance provider solicited by OCMX. The GreenCoinX private placement will be listed on the OCMX portal for six months, unless terminated earlier. GreenCoinX will pay the costs of the private placement estimated to be $12,000.

About GreenBank

GreenBank is a Canadian public company (trading symbols CSE:GBC and OTCMKTS:GRNBF). Its 80% subsidiary GreenCoinX Inc. has developed the world’s first cryptocurrency requiring user identification. GreenCoinX meets the same “Know Your Customer” identification standards as the banking community, and makes the promise of cryptocurrency a reality by alleviating concerns that crooks and terrorists can use cryptocurrency to hide their activities. GreenBank’s 100% subsidiary GreenBank Financial Inc. is an investment bank.

For more information please see www.GreenBankCapitalinc.com or www.GreenCoinX.com or contact Danny Wettreich at (647) 931 9768 or by email dw@GreenBankCapitalinc.com .

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of GreenBank Capital Inc., raising additional capital and the future development of of GreenCoinX. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release

GreenBank Subsidiary GreenCoinX Launches German Version Of Websites

Toronto, Ontario, June 2, 2016 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) (“GreenBank or the Company”) announces that its subsidiary GreenCoinX Inc, developers of the world’s first and only cryptocurrency requiring user identification, has launched the German version of all the websites in the GreenCoinX ecosystem. The German versions of the GreenCoinX ecosystem comprise of:

www.GreenCoinX.com The world’s first and only cryptocurrency requiring user identification

www.XGCwallet.org A free online wallet for GreenCoinX users

www.KYCglobal.net A free “Know Your Customer” online identification processor for GreenCoinX

www.SiiCrypto.com A no-commission, secure, online exchange specializing in GreenCoinX trading

The German versions can be accessed by clicking on the “Deutsch” link on each website, upon which the German version is displayed. The addition of these German versions enhances the user experience for German-speaking audiences.

The launch of these improved websites enables us to better serve our German customers who wish to take advantage of a cryptocurrency ecosystem that represents the future of digital payments. said Danny Wettreich, CEO.

About GreenBank

GreenBank is a Canadian public company (trading symbols CSE:GBC and OTCMKTS:GRNBF). Its 80% subsidiary GreenCoinX Inc. has developed the world’s first cryptocurrency requiring user identification. GreenCoinX meets the same “Know Your Customer” identification standards as the banking community, and makes the promise of cryptocurrency a reality by alleviating concerns that crooks and terrorists can use cryptocurrency to hide their activities. GreenBank’s 100% subsidiary GreenBank Financial Inc. is an investment bank.

For more information please see www.GreenBankCapitalinc.com or www.GreenCoinX.com or contact Danny Wettreich at (647) 931 9768 or by email dw@GreenBankCapitalinc.com .

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of GreenBank Capital Inc., raising additional capital and the future development of of GreenCoinX. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release

Digital Gold Magazine Interviews Danny Wettreich About GreenCoinX

An interview with Mr. Danny Wettreich from GreenBank Capital Inc.

Published April/May 2016

An interview with Danny Wettreich the Chief Executive Officer of GreenBank Capital Inc., which is a publicly traded Canadian company. Its 80% Subsidiary GreenCoinX Inc. (XGC) has developed a cryptocurrency that identifies each wallet holder at the time of sign up. All users are required to complete a customer identification regime before sending or receiving any digital currency. This requirement also extends to all miners.

GreenCoinX has the same KYC standards as conventional banks and financial services. This new product is changing the cryptocurrency world. The previous inability to link a cryptocurrency wallet ID to a verified legal person has prevented the integration of decentralized cryptocurrency into existing conventional payment platforms. I am very confident that GreenCoinX will improve greatly the ability of digital currency to enter mainstream commerce.

The previous lack of “Know Your Client” (KYC) tools represented the single biggest factor why financial service companies avoided cryptocurrency. The GreenCoinX platform corrects this issue. XGC is the world’s first cryptocurrency requiring user identification. Here is the interview with Mr. Danny Wettreich.

When did the GreenCoinX first become available to the public?

We announced that GreenCoinX had developed the first identifiable cryptocurrency in May 2015, and over the following ten months have built out the ecosystem that is required to establish GreenCoinX as a worldwide currency.

What is the price of the cryptocurrency today and has it been stable around that level?

XGC has been stable at around US$1.00- US$1.15 since October 2015.

Why did you develop this financial product? What is your organization’s goal?

The promise of cryptocurrency was always the fast and inexpensive transfer of funds worldwide while bypassing the banking system. Until now this has been impeded by identity concerns. Now GreenCoinX has made this promise a reality by its KYC capability. Our goal is widespread adoption of GreenCoinX so that the advantages and cost savings associated with cryptocurrency are available on a worldwide basis.

The development team spent almost a year (11 months) creating the GreenCoinX platform, what were some of the cryptocurrency obstacles overcome during that early period?

Identification is a complex undertaking and took up most of that early development time. Now that we are 20 months into our development program we have upgraded identification to full “Know Your Client” (“KYC”) standards as used in the banking system. We also have developed answers to the other problems that have prevented widespread adoption of digital currency, such as Blockchain Longevity, Currency Stability, and Exchange Safety.

Who is KYCGlobal (https://kycglobal.net/) and what is this company’s relationship with GreenCoinX?

KYCGlobal is the exclusive portal for verifying KYC for GreenCoinX. It is an affiliate of GreenCoinX as I am the CEO of both companies.

Why did you make identification of users a critical feature of the digital currency?

Identification is the only future for digital currency. Any cryptocurrency that does not have KYC identification of users will not work as a medium of exchange in the world of commerce.

A GreenCoinX user’s identification, which is the government ID and documents initially required to verify that new user, is that private information stored on a blockchain?

The unique KYC Identification number is stored on the GreenCoinX blockchain. The KYC documentation is currently stored on multiple secure servers, and will eventually also be stored on the blockchain.

Are there currently any other cryptocurrencies that identify and verify a user’s identity as GreenCoinX does? Is there any other crypto that is comparable to yours?

No. GreenCoinx is unique.

If I want to mine GreenCoinX do, I still need to be identified and verified?

Yes, all GreenCoinX users have to be KYC identified.

Do registered users, need that long wallet address to receive funds?

No. GreenCoinX can be sent to an XGC Wallet just by using the email address or phone number associated with the wallet.

PayPal only allows each customer one account. This restriction helps the company stay in compliance with anti-money laundering directives. Has the GreenCoinX account model overcome this one person, one account requirement? If so, how many wallet IDs can be connected with a verified identity? How does that work?

GreenCoinX is unique because all users are KYC identified. Each user receives a KYC number and with that number the user can open an unlimited number of wallets as long as each wallet has a different email address. All the wallets are tied to the same KYC number.

As a GreenCoinX user, what are the transaction fees to send or receive XGC? Are those still cheaper than using a credit card?

Transaction fees are very small. Only 0.0001 per XGC. Much cheaper than using a credit card.

Are new merchants required to fill out an extended merchant application and is there a special “merchant account” acceptance policy?

No, it is very straightforward. Each merchant just needs to open an XGC online wallet, and then publish the email address associated with that wallet. The merchant’s customers then can pay the merchant directly with XGC by using the merchant email address.

Bitcoin set out to be a faster way to pay, but waiting for confirmations can be a long process. Has XGC improved on that waiting time? How fast is a valid transaction?

Using XGC is faster than bitcoin, particularly following the recent bitcoin blockchain problems. The average XGC processing time is about one hour. however, that time fluctuates depending on blockchain mining activity.

Has GreenCoinX made improvements over the bitcoin platform? In a side-by-side comparison with bitcoin, what are the XGC advantages?

GreenCoinX has made a number of fundamental improvements over the bitcoin platform. (1) Most importantly GreenCoinX has identification, while bitcoin does not. All GreenCoinX users are KYC identified, and email and phone numbers are securely stored on the GreenCoinX blockchain. (2) Bitcoin has no answer to the problem of what happens when all the bitcoin has been mined. Bitcoin miners would then stop mining as there would no longer be miner rewards, and the blockchain would cease to function. GreenCoinX has resolved blockchain longevity. In order to ensure that the GreenCoinX blockchain continues to function smoothly over the next 145 years, GreenCoinX has developed by way of a sophisticated software program that resolves the problem of blockchain longevity. (3) GreenCoinX country restrictions are implemented to international standards. So GreenCoinX complies with the need to prevent terrorist nations from using GreenCoinX. Bitcoin does not have that capability. (4) Individual countries can collect transaction taxes, such as sales or VAT taxes, for GreenCoinX transactions that occur in their jurisdictions. In those circumstances, taxes will be remitted directly to the government tax server on a transaction by transaction basis.Bitcoin does not have that capability. These improvements relate specifically to the blockchain. Other improvements have also been made to the GreenCoinX ecosystem, such as a free and safe online exchange.

Bitcoin has had some un-natural price swings that have scared away millions of potential users. This fact has been particularly true for merchants, who do not want to risk losing their profit margin. What is different about XGC that will calm the fear of wild price swings driven by speculation? What has been done to address this issue?

Currency Stability is very important. GreenCoinX has a detailed plan to establish a Treasury function to keep currency volatility within an acceptable band of 5% daily movements, thereby offering transactional certainty to users. The GreenCoinX worldwide Treasury function has been established in the Isle of Man, which has a tax efficient jurisdiction. We have opened an office in the Isle of Man which is headed up by a former managing director of a UK bank, who is responsible for our treasury operations.

What companies or other cryptocurrency do you recognize as the “competition” within your market niche? What is your plan to capture market share from the “competition?”

As GreenCoinX is the world’s first and only cryptocurrency that requires users to be identified, there is no direct competition. At the basic level I suppose bitcoin is a competitor, but we are really aimed at a different market. Bitcoin is primarily used by those who wish to hide from government. Our users just want to participate in the world of commerce, and you cannot do that without identification. Our initial market share objective is to exceed the market cap of bitcoin.

What companies exchange GreenCoinX for federal money currently? How about exchanges for other digital currency like Bitcoin?

Converting any cryptocurrency into fiat currencies requires an exchange mechanism. Exchanges are largely unregulated. Some exchanges have had problematic owners who have misappropriated client funds. These issues have caused widespread unease with consumers and businesses alike. We decided that these issues need to be resolved for the GreenCoinX ecosystem. We have established an affiliated cryptocurrency exchange called SiiCrypto which has just been launched. SiiCrypto has addressed the problems of safety, identification, and transaction cost. SiiCrypto charges no commission for trades. It is very safe to use as all client fiat funds are held by a third party, ILS Fiduciaries (Switzerland) Sarl, the Swiss branch of ILS World, a global provider of independent fiduciary services. Cryptocurrency held by SiiCrypto cannot be accessible without client approval. Unlike other online exchanges, SiiCrypto cannot use clients’ cryptocurrency or fiat funds as a float or for any other purpose. Every user of SiiCrypto is identified to the same KYC standards as GreenCoinX.

SiiCrypto is a unique cryptocurrency exchange that represents the way all exchanges should function. https://siicrypto.com/ What are the company’s plans for expanding the XGC exchange marketplace?

Adoption and usage are the keys to expanding XGC in the marketplace and that is what we will be focusing on.

The company’s press release from May 2015, states that “standard computers” could be used to mine XGC. It is about a year after that release came out, can I still use a powerful desktop configured for mining or does it now require more powerful tools?

GreenCoinx mining now requires the use of sophisticated ASIC computers, but it is far less costly and far less difficult to mine GreenCoinX than mining bitcoin.

What are the company goals for the coming five years ahead?

We seek to expand our user base and have GreenCoinX be accepted worldwide as the viable alternative to fiat currency.

• What are the primary factors and the driving forces advancing the currency’s growth?
• Wide customer use?
• Merchant acceptance? Integration (API) with online shopping platforms?
• Integration with banks?
• Acceptance by NGOs or government agencies around the world?
• Targeted use by nonbank regions of the world?
• Partnership with online merchants such as casinos or sportsbooks?
• Liquid exchange with other digital currency?
• Capturing a larger share of current bitcoin users?

All the above factors will advance the growth of GreenCoinX. That growth is made much easier by the removal of the main barrier to cryptocurrency…identification of the user base.

With the proper documentation, is it possible to set up a foreign corporate account or trust account?

Yes there is no problem in setting up an online wallet for any corporate entity in any part of the world.

Full KYC is required. Just go to www.xgcwallet.org to complete the process. What segments of the population does your company view as potential new customers?

All segments of the population are potential new customers…wherever currency is used. The billions of “unbanked” , and those who require micropayments are obvious candidates.

Do customers prefer desktop web access or GreenCoinX mobile access to the platform?

Either is equally effective. Our Android mobile phone application is available now, and can be downloaded from https://play.google.com/store/apps/details?id=org.xgcwallet.mobile The Apple version of the XGC Mobile Wallet is currently under review.

Is there any way to track how many coins trade each day?

SiiCrypto has trading graphs on its website and can also provide API JSON upon request.

For everyday use as a consumer currency, a debit card is very helpful. Do the company have any plans to link an international debit card to GreenCoinX?

Yes, we are working on that at the present time.

Are there any limitations on how much value can flow through a customer account or how many transactions can be completed in one day? If, I send 29,831 deposits equaling $1.7 million dollars in just one week to an account and one withdrawal for $1.6 any problem?

There is no GreenCoinX limitation on value flow, deposit size, withdrawal size or on the number of transactions.

Remember that crypto phrase, “to the moon?” Is buying XGC today going to make me a millionaire by Christmas?

We are not in the forecasting business, but clearly if GreenCoinX was adopted worldwide, then the price of XGC would increase due to demand. If GreenCoinX achieved the same market cap as bitcoin then the price of each XGC would be over USD58.

To read the full GreenCoinX article Digital Gold Magazine May 2016.

GreenBank Joins Computer America Show

GreenCoinX is a software company that has developed the world’s first crypto currency that requires users to be identified. GreenBank will shortly be launching the GreenCoinX ecosystem which encompasses an identifiable crypto currency, a free online wallet, and a free online crypto currency exchange.

GreenBank Approves Private Placement

Toronto, Ontario, April 25, 2016 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) (“GreenBank or the Company”) announces that the Company has agreed to a non-brokered private placement (the “Private Placement”) in which Daniel Wettreich, CEO and a director of the Company, will invest $78,000 by subscribing for 260,000 units (each a “Unit”) of GreenBank at a price of $0.30 per Unit. Each Unit consists of one common share in the capital of GreenBank and one common share purchase warrant. Each common share purchase warrant entitles the holder to acquire one additional common share in the capital of GreenBank at an exercise price of $0.30 for 36 months after closing. The securities are subject to a hold period of four months and a day.

Upon closing of the Private Placement, GreenBank will have 14,502,460 issued and outstanding shares, and Daniel Wettreich directly and indirectly will beneficially own 10,633,026 common shares of GreenBank, representing 73.32% of GreenBank and 760,000 common share purchase warrants representing 52% of the outstanding warrants of GreenBank. In the event that all the warrants were exercised by Daniel Wettreich he would directly and indirectly beneficially own 11,393,026 common shares of GreenBank representing 74.74% of the increased share capital.

The proceeds of the Private Placement will be used for working capital purposes to make payments to GreenBank’s creditors. Neither GreenBank nor Daniel Wettreich have any knowledge of any material information concerning the Company or its securities that have not been generally disclosed. The process of approving the private placement involved the appointment of a special committee, the approval of the transaction by the special committee, the consideration of the transaction by the directors with Daniel Wettreich disclosing his interest, and the unanimous approval of the transaction by the directors. The special committee was comprised of one director who is independent within the meaning of MI 61-101.There are three directors who are independent within the meaning of MI 61-101.

The participation by Daniel Wettreich in the Private Placement is considered to be a related party transaction as defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). A special committee consisting of an independent director established by the board of directors determined the related party transaction is fair and reasonable in the circumstances to the Company. The Company has relied on sections 5.5(b) and (c) of MI 61-101 for an exemption from the formal valuation requirement, and section 5.7(b) of MI 61-101 for an exemption from the minority shareholder approval requirements. A material change report in respect of the related party transaction will not be filed at least 21 days in advance of the closing of the Private Placement due to the Company’s immediate need to address its financial situation, which omission is both reasonable and fair in the circumstances. MI 61-101 requires if a material change report is filed less than 21 days before the expected date of the closing of the transaction, an explanation is to be provided as to why the shorter period is reasonable or necessary in the circumstances.

About GreenBank

GreenBank is a Canadian public company (trading symbols CSE:GBC and OTCMKTS:GRNBF). Its 80% subsidiary GreenCoinX Inc. has developed the world’s first cryptocurrency requiring user identification. GreenCoinX meets the same “Know Your Customer” identification standards as the banking community, and makes the promise of cryptocurrency a reality by alleviating concerns that crooks and terrorists can use cryptocurrency to hide their activities. GreenBank’s 100% subsidiary GreenBank Financial Inc. is an investment bank.

For more information please see www.GreenBankCapitalinc.com or www.GreenCoinX.com or contact Danny Wettreich at (647) 931 9768 or by email dw@GreenBankCapitalinc.com .

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of GreenBank Capital Inc., raising additional capital and the future development of of GreenCoinX. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release

GreenBank Appoints Rares Pateanu a Director

Expert in Cryptocurrency, Blockchain and Financial Technology

Toronto, Ontario, April 22, 2016 – GreenBank Capital Inc (CSE:GBC and OTCMKTS:GRNBF) (“GreenBank”) announces that Rares Pateanu has been appointed a director of GreenBank with immediate effect.

Rares Pateanu is a technology consultant and Course Director in Computer Sciences at York University in Toronto, Canada. He is an expert in cryptocurrency, blockchain and financial technology. Previously he was Executive Director of Morgan Stanley Enterprise Data Group, Senior Director Enterprise Architecture and Chief Architect at Rogers Communications, Vice President Architecture at CGI, and Head of Technology Cash Management Services at Bank of Montreal. He is President and a Director of the non-profit Metropolitan Toronto Condominium Corporation 690, and was a Director and Executive Vice President of the non-profit group Common, one of the largest computer user groups in the world with over 6,600 members. He obtained his Master of Science in Computer Science and Mathematics from the University of Cluj, Romania.

“We are very fortunate to have Rares Pateanu join our board. His FinTech and academic experience will be important as we commence marketing of GreenCoinX, the world’s first cryptocurrency that requires user identification.” said Danny Wettreich, CEO of GreenBank .

“I am enthusiastic about GreenBank’s development of GreenCoinX, which in my opinion is a revolutionary cryptocurrency ecosystem, and I look forward to contributing my expertise to Greenbank.” said Rares Pateanu.

About GreenBank

GreenBank is a Canadian public company (trading symbols CSE:GBC and OTCMKTS:GRNBF). Its 80% subsidiary GreenCoinX Inc. has developed the world’s first cryptocurrency requiring user identification. GreenCoinX meets the same “Know Your Customer” identification standards as the banking community, and makes the promise of cryptocurrency a reality by alleviating concerns that crooks and terrorists can use cryptocurrency to hide their activities. GreenBank’s 100% subsidiary GreenBank Financial Inc. is an investment bank.

For more information please see www.GreenBankCapitalinc.com or www.GreenCoinX.com or contact Danny Wettreich at (647) 931 9768 or by email dw@GreenBankCapitalinc.com .

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of GreenBank Capital Inc., raising additional capital and the future development of of GreenCoinX. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release

GreenBank Subsidiary GreenCoinX Appoints John G. Booth To Advisory Board

Booth Joins GreenCoinX Talented Brain Trust

Toronto, Ontario, March 30, 2016 – GreenBank Capital Inc (CSE:GBC and OTCMKTS:GRNBF) (“GreenBank”) announces that its 80% owned subsidiary GreenCoinX Inc has appointed John G. Booth to its Advisory Board.

John G. Booth is the Co-Founder and currently a Director and largest shareholder of Midpoint Holdings Ltd (TSXV:MPT) having stepped down as Chairman and CEO in late 2015. Midpoint is the world’s first peer to peer Foreign Exchange matching platform which matches buyers and sellers at the midpoint of the relevant currency interbank cross rate via its US patented multi-party, multi-currency matching computerized business method. John led the company from inception through to revenue and through various rounds of financing culminating with its listing on both the Toronto and Frankfurt exchanges. He is also Chairman of Laramide Resources (TSX:LAM), a director of Maya Gold & Silver (TSXV:MYA) and Tirex Resources (TSXV:TXX) where he was the nominee director for the European Bank for Reconstruction and Development for many years. He has over 25 years’ experience in international finance as an investment banker, strategy consultant, lawyer and fund manager. He has co-founded three financial services companies, and is a member in good standing of the bars of Ontario, New York and DC. He obtained his LLM in International Finance, Tax and Environmental Law from University of London, JD from University of Detroit, and LLB in Law from University of Windsor.

“I am delighted to welcome John G. Booth to our Advisory Board. His comprehensive international experience will be invaluable. He joins a talented group of executives who collectively bring immense technological, corporate, financial and entrepreneurial experience that will assist in the further development of GreenCoinX, the world’s first cryptocurrency that requires user identification” said Danny Wettreich, CEO.

“I am impressed with what has been achieved to date with the GreenCoinX ecosystem, and I look forward to assisting with the growth of this unique cryptocurrency.” said John G. Booth.

About GreenBank

GreenBank is a Canadian public company (trading symbols CSE:GBC and OTCMKTS:GRNBF). Its 80% subsidiary GreenCoinX Inc. is a software company that has developed the world’s first crypto currency requiring user identification. GreenCoinX meets the same identification standards as the banking community, and makes the promise of crypto currency a reality by alleviating concerns that crooks and terrorists can use crypto currency to hide their activities. GreenBank’s 100% subsidiary GreenBank Financial Inc. is an investment bank.

For more information please see www.GreenBankCapitalinc.com or www.GreenCoinX.com or contact Danny Wettreich at (647) 931 9768 or by email dw@GreenBankCapitalinc.com .

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of GreenBank Capital Inc., raising additional capital and the future development of of GreenCoinX. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release