EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Greenbank Cap, Inc. (OTC Pink: GRNBF), and (CSE: GBC).
Greenbank Cap, Inc. (OTC Pink: GRNBF) and (CSE: GBC) provides capital to private companies with strong growth potential, and follows that with a listing of their securities for sale on a public market. Acting like a private equity fund, they incubate the companies for up to two years while their investments grow.
Although the demand for their services is enormous, Greenbank only works with about 10% of their prospects, choosing only the top tier investment opportunities.
Greenbank Cap, Inc. (OTC Pink: GRNBF) and (CSE: GBC) has investments in the following sectors.
- BlockChain / Crypto Currency
- Financial Investments
- Mobile Apps
Greenbank Cap, Inc. (OTC Pink: GRNBF) and (CSE: GBC) ’s stock is one to watch. The company is dual listed on the OTC and CNX exchange. Its stock is up 230% over the past ten weeks, while the Candlesticks and Bollinger Bands still indicate an uptrend.
Recent Updates on Greenbank Cap, Inc. (OTC Pink: GRNBF) (CSE: GBC)
November 21, 2017 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) (“GreenBank or the Company”) announces that it has appointed Gaurav Singh a Director and Chief Financial Officer of the Company.
Gaurav Singh is a Vice President of GreenBank. Previously he was Policy Advisor and Director Research, at National Association of Software and Services Companies (“NASSCOM”) in New Delhi, India. NASSCOM is a global software services trade organization with over 2000 members, of which 250 are companies from China, European Union, Japan, USA and UK. He was General Manager BC-GSVLabs, a venture capital incubator based in India, and was Senior Principal, Corporate Development for CA Technologies, one of the largest software companies in the world. He was Senior Manager with the Corporate Finance practice at Deloitte, one of the “Big Four” accounting firms. He has an MSc. in Finance from London Business School at the University of London, and a Bachelor of Commerce from University of Delhi.
November 20, 2017 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) announced that its 27% owned affiliate portfolio company Buchans Wileys Exploration Inc (“BWE”) has acquired an additional 30 claims located in the Buchans area in Newfoundland, Canada.
The claims, known as Buchans Wileys South, (“BW South”) are located 15 km southeast of the BWE flagship property, Buchan’s Wileys. BW South is located approximately 18 km southeast of the past producing Buchan’s Mine that 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. (Wardle,R.J (2000) Mineral Commodities of Newfoundland and Labrador- Zinc and Lead; Government of Newfoundland and Labrador, Geological Survey, Mineral Commodities Series Number 1, 12 pages).
November 8, 2017 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) announced that its affiliate portfolio company Inside Bay Street Corporation (“Inside Bay Street”), a financial news communications company, has agreed a private placement and debt settlement in the amount of $134,525. GreenBank participated in the private placement and upon closing will maintain its 19% equity ownership of Inside Bay Street.
November 1, 2017 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) announced that its 27% owned affiliate Ubique Minerals Limited (“Ubique”) has transferred its Buchans Wileys property in Newfoundland, Canada to Ubique’s subsidiary Buchans Wileys Exploration Inc (“BWE”) and will dividend 100% of the shares of BWE to Ubique shareholders.
The BWE dividend will be on the basis of a one for one distribution. The Record Date for the dividend distribution is October 28, 2017.
As a result of the distribution, GreenBank owns 27% of BWE which will comprise the ninth company in its investment portfolio. GreenBank will be working with the directors of BWE to place BWE in a position to develop the Buchans Wileys property, and in due course to seek a public listing for BWE on the CSE.
October 31, 2017 – GreenBank Capital Inc (CSE: GBC and OTCMKTS: GRNBF) (“GreenBank or the Company”) announces that its’ affiliate portfolio company Veterans Financial Group LLC (“Veterans”), has closed its previously announced private placement in the amount of $188,000. GreenBank participated in the private placement and increased its ownership of Veterans to 19%.
GreenBank director and CEO Danny Wettreich, who is also a director of Veterans, invested $145,660 in the Veterans offering for a 28.57% ownership position. GreenBank subscribed $42,340 in the Veterans private placement payable by the issuance of 42,340 $1 Non-Voting 5% Preference Shares Series C.
Greenbank Cap, Inc. (OTC Pink: GRNBF), and (CSE: GBC), also recently announced the acquisition of 23 additional claims contiguous to its Daniel’s Harbor zinc property by its 27% owned affiliate Ubique Minerals Ltd. Ubique owns 72 claims around the former Daniel’s Harbour zinc mine situated approximately 10 km northeast of the town of Daniel’s Harbour on the west coast of Newfoundland.
Greenbank also recently announced the acquisition of 19% of Inside Bay Street, a Toronto based financial news communications company for $40,000.00.
Greenbank Cap, Inc. (OTC Pink: GRNBF), and (CSE: GBC) is a public corporation with its hands in industry from BlockChain / Crypto Currency, to Exploration, to Media / Publishing, to Mobile Apps and even Insurance.
Greenbank’s portfolio includes 10% of The Lonsdale Group LLC, a USA based private equity company focused on small cap investments; 28% of Ubique Minerals Limited, a minerals exploration company with interests 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 Veterans Financial Group LLC, a Ohio, USA based insurance agency providing insurance services to veterans, families and businesses; 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; and 19% of Inside Bay Street Corporation, a financial news communications company.
On October 11, 2017, Greenbank closed a $283,000.00 Private placement and terminated its previously announced $.60 unit offering. “The market price of our shares has risen significantly above this offering price, and we believe it is in the Company’s interest to consider more advantageous financing” said Danny Wettreich, CEO of GreenBank.
With its investments in so many different pots, the company is well diversified and one that can benefit greatly as its holdings appreciate.
GRNBF may not be at these levels much longer.