GREENBANK NOW TRADING ON THE DEUTSCHE BORSE FRANKFURT
This news release is not for distribution or dissemination in the United States of America
Toronto, Ontario, January 22, 2018 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF and FRA:2TL) ("GreenBank or the Company") announces that it is now trading on the Deutsche Borse Frankfurt, in Germany, under the symbol “2TL”. The market-maker is Baader Bank AG, an investment bank located in Unterschleisheim, Germany. No fees are being paid by GreenBank to Baader Bank, which is using its own capital to make a market.
Separately, GreenBank has retained Questrade Inc (“Questrade”) and Independent Trading Group Inc (“ITG”) to provide market-making services for the purposes of maintaining an orderly market and improving the liquidity of the Company’s shares. Questrade will not be subject to any performance factors or receive shares or options as compensation, but will be paid a monthly fee of $3,700. The capital and securities required for any trade undertaken by Questrade as principal will be provided by Questrade. The Agreement with Questrade may be terminated on 30 days' notice. ITG will not be subject to any performance factors or receive shares or options as compensation, but will be paid a monthly fee of $3,500. The capital and securities required for any trade undertaken by ITG as principal will be provided by ITG. The Agreement with ITG may be terminated on 30 days' notice.
GreenBank is a merchant banking business listed on the Canadian Securities Exchange (trading symbols CSE:GBC and OTCMKTS:GRNBF), and is included in the CSE Composite Index. GreenBank’s 100% subsidiary GreenBank Financial Inc. is a merchant bank. GreenBank’s portfolio companies comprise equity investments in 10 small cap businesses, namely; 10% of The Lonsdale Group LLC, a USA based private equity company focused on small cap investments; 27% of Ubique Minerals Limited, a zinc exploration company in Newfoundland, Canada; 10% of Reliable Stock Transfer Inc, a Canadian
small cap transfer agency; 14% of Slabdeck Technology Inc, developers of a unique comprehensive all-in-one search mobile application that integrates social search, discovery and communication; 15% of Blockchain Evolution Inc, owners of the
world’s first identification based blockchain; 15% of KYC Technology Inc, owners of a worldwide online 24-hour “Know Your Customer” identification verification process; 19% of Inside Bay Street Corporation, a financial news communications
company; 27% of Buchans Wileys Exploration Inc, a minerals exploration company with interests in Newfoundland, Canada; 100% of Medi-Data Blockchain Inc, providing blockchain based medical confidentiality systems to the healthcare community; and 100% of North America Veterans Insurance Services Inc, an insurance agency holding company.
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., the raising of additional capital and the future development of the businesses comprising GreenBank’s investment portfolio. 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 GreenBank 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 GreenBank 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.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.