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GreenBank Rounds Off Successful 2020 by Being Included in the CSE Composite Index

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GreenBank Rounds Off Profitable 2020 by Being Included within the CSE Composite Index

This information launch just isn’t for distribution or dissemination in the USA of America

TONTORO, ON / ACCESSWIRE / December 23, 2020 / To our Traders and the Funding Neighborhood:

I’m more than happy to supply to you with my Finish of Yr Letter for GreenBank Capital (CSE:GBC)(OTC PINK:GRNBF)(FRA:2TL)(“GreenBank” or “The Firm”) for what has been a yr of success and constructing sturdy foundations for vital development in 2021.

Highlights from 2020

  • Restored to buying and selling on the CSE in July following unhappy passing of Founder

  • Augmented the administration crew to incorporate senior administration from either side of the Atlantic to assist flip GreenBank right into a subsequent technology World Service provider Financial institution for the longer term

  • Acquired 19% of Staminier Restricted (“Staminier”), a UK service provider banking enterprise centered on exponential development firms, with an possibility to accumulate 100%

  • Signed an LOI to spend money on and float PharmaKurem a UK primarily based drug discovery firm that has a drug at Part 2 medical trials exhibiting appreciable promise as an necessary and revolutionary remedy for Alzheimer’s

  • Suggested GBC Grand Exploration in its profitable disposal of its Newfoundland Twilite mining gold property to CSE listed Tru Treasured Metals Inc

  • Noticed Staminier signal an possibility to accumulate P+H Bikes, the South of England’s largest distributors of bikes as a primary step into the fast-growing Electrical Car motorbike market.

  • Signed a wide-ranging settlement with Substantia to supply important providers designed to help GreenBank’s world service provider banking technique

  • Introduced a C$4.5m non brokered personal placement at a premium to the prevailing market worth of GreenBank frequent shares, reflecting our excessive ranges of confidence sooner or later prospects for GreenBank

  • Assisted Staminier in its extremely thrilling transaction with AuBit, the pioneering asset administration platform being created by AuBit Worldwide to harness the facility of community results with a view to service the wants of institutional, skilled and retail traders within the multi-trillion greenback world asset administration trade

In March GreenBank acquired 19% possession in Staminier, a UK Service provider Financial institution. Staminier’s general technique is to accumulate substantial pursuits in under-valued fast-growing firms. Staminier additionally supplies personal and public firms with enterprise advisory and advertising providers. On the identical time, GreenBank additionally acquired a name possibility for the remaining 81% of Staminier’s shares which, on the GreenBank Annual Shareholder assembly in April, 99.99% of our shareholders voted to train. Lastly, we appointed two gifted people from the UK onto our Board, Mr. Richard Beresford and Mr. Terry Pullen. Consequently, GreenBank has a stable service provider banking platform on either side of the Atlantic and shall be extraordinarily well-positioned to execute its funding and development technique.

In July, after having rebuilt its institutional data base misplaced with the passing of its founder Daniel Wettreich, GreenBank Capital glad the Alternate necessities mandatory to permit for the reinstatement of buying and selling on the Canadian Securities Alternate (CSE). .

Since then, with the rebuilding work accomplished, Greenbank introduced its intent to work with the Staminier crew and implement the Firm’s Service provider Banking Technique as the 2 firms started constructing out their respective Service provider Banking companies on either side of the Atlantic. The market in Service provider Banking providers for quick development excessive potential small and mid-cap firms is at the moment poorly served, and the chance for GreenBank to ship these providers to, and purchase vital stakes in, these exponential development firms is critical. The Board imagine that competitors is fragmented. GreenBank and Staminier will take one of the best of each their service provider banking methods and implement them in each North America and Europe respectively. Our 4 core actions that are described intimately on our web site are: Insightful Funding, Revolutionary Service provider Banking, Property “Potential” Realization and Liquidity Provisioning.

In August, with a view to present the mandatory assets to execute on our World Service provider Banking Technique, GreenBank entered right into a contract with The Substantia Group within the UK. The Chief Government of The Substantia Group is Mr. Terry Pullen, who additionally serves as a Director of GreenBank. The aim of the contract was to help GreenBank in engaging in the next targets:

  • Replace and enhance GreenBank’s web site and web presence.

  • Improve and talk the potential of GreenBank’s current investments.

  • Perform detailed and forensic due diligence in relation to GreenBank’s pipeline of potential investments.

  • Work with the administration groups of sure Greenbank portfolio firms with a view to produce detailed operational plans and execution methods.

  • Increase a minimal of C$2,000,000 on phrases that improve the strategic place of GreenBank. This will embody The Substantia Group leveraging its consumer base of excessive internet price and complicated traders as a possible supply of funding into GreenBank.

  • Improve the market consciousness of GreenBank amongst skilled traders and brokers to an extent ample to spur a median buying and selling quantity of a minimum of C$25,000 per day in GreenBank’s frequent shares. It’s GreenBank’s perception that attaining this aim will assist guarantee its shares grow to be more and more enticing as a possible foreign money for future acquisitions.

I’m happy to report that the work carried out collectively by The Substantia Group and GreenBank up to now has been very profitable, and there are a number of necessary initiatives in hand to extend market consciousness going ahead. Most of those initiatives are anticipated to happen early within the new yr.

In October, our new web site was launched which highlights our newly designed company branding, the vary of providers supplied by the Firm and our clear perception as to how GreenBank will grow to be a strong Service provider Financial institution for the longer term. The web site highlights GreenBank’s versatile and dynamic construction which we imagine is ideally suited to capitalize on alternatives in as we speak’s reshaped world, each throughout and after COVID 19. The brand new web site is accessible at www.GreenBankCapitalInc.com

As well as, GreenBank and its portfolio firms entered into the next transactions:

Pharmakure United Kingdom primarily based Drug Discovery Firm

GreenBank Capital and Pharmakure (www.pharmakure.com) have signed an LOI agreeing (topic to contract) that GreenBank Capital shall be appointed as Pharmakure’s Service provider Financial institution with a view to assist listing Pharmakure on the CSE and different worldwide exchanges. Below phrases of that appointment GreenBank will obtain charges in money and Pharmakure inventory price CA$925,000 on the decrease finish of the anticipated floatation valuation. Pharmakure is the pioneer of an important and probably revolutionary remedy for Alzheimer’s. Pharmakure targets ‘remediation’ of the illness utilizing two re-purposed permitted medication. As a result of the medication are already permitted by regulators, Pharmakure can transfer instantly to Part II Scientific Trials, thus avoiding pre-clinical and Part I trials which might take years and price many thousands and thousands of {dollars}. Topic to profitable itemizing on the CSE, institutional traders have dedicated to supply funding of as much as CA$26m to finance these Part II Scientific Trials and to progress Pharmakure’s different pipeline medication.

P&H Bikes Ltd. A chance to enter the Electrical Car (“EV”) motorbike market

GreenBank Capital 19% owned portfolio firm Staminier Restricted is searching for to enter the Electrical Car Bike Market by buying the South of England’s largest distributor of bikes. Staminier entered into a forty five day possibility settlement to accumulate P&H Bikes Ltd (“P&H”), the South of England’s largest distributor of high-performance bikes, together with Ducati, Yamaha, Kawasaki, Suzuki, KTM, Scrambler and Honda. The common month-to-month gross sales of P&H over the past three years has been roughly C$1.7m monthly (C$20m every year) and the enterprise has bought motorbikes and equipment to over 150,000 distinctive clients in its 40 yr historical past of success. Through the world pandemic P&H has seen demand for smaller 125cc bikes enhance considerably and P&H and Staminier see appreciable scope for growth into the decrease powered motorbike market. Nevertheless, each firms see the best space of growth as supplying the seemingly substantial enhance in demand for electrical powered bikes and scooters and P&H, with its highly effective market place and extremely intensive database of bike shoppers and lovers, is finest positioned to capitalize on the forthcoming transition from standard bikes to electrical energy. P&H has internet belongings of simply over C$1.7m together with freehold property valued at C$4.25m sited close to London Gatwick Airport and is a perfect location for servicing the anticipated quick development in EV demand. Regardless of the pandemic P&H is at the moment worthwhile on a month to month foundation and expects to generate internet annual revenue of not lower than C$425,000 in 2021

AuBit. Asset Administration Platform

GreenBank Capital’s 19% owned portfolio firm Staminier Restricted invested $1 million in 400,000,000 Freeway Tokens as a primary step in a deliberate collaboration with AuBit (www.aubit.io). AuBit is the pioneering asset administration platform being created by AuBiT Worldwide to harness the facility of community results with a view to service the wants of institutional, skilled and retail traders within the multi-trillion greenback world asset administration trade. Freeway Tokens are traded on a number of crypto foreign money platforms and have a strictly restricted most provide of solely 10bn.

TRU Treasured Metals Gold exploration in Central Newfoundland

GreenBank Capital’s 47.7% owned portfolio firm GBC Grand Exploration bought its Twilite mining property to TRU Treasured Metals (www.trupreciousmetals.com) for 1,435,000 frequent shares of TRU (TSXV:TRU) at a deemed worth of $0.25 per share. As well as, TRU paid C$100,000 money and agreed to pay a 1% internet smelter royalty on any future mineral manufacturing from the property. TRU can pay as much as an extra 1,000,000 shares primarily based upon sure manufacturing ranges being achieved sooner or later. This represents a major return on GreenBank’s preliminary nominal funding to accumulate its 47.7% possession which was largely in return for offering service provider banking providers. On the time of the sale, the worth of GreenBank’s pro-rata portion of the money and inventory paid by TRU Treasured Metals was over $250,000 however continues to extend as TRU’s inventory worth appreciates. GreenBank additionally stands to earn extra from this transaction primarily based upon future efficiency of the Twilite property.

Non-public Placement To lift $4.5 million

In November GreenBank Capital introduced that it intends to finish a non-brokered personal placement providing consisting of as much as 10 million Models at a worth of C$0.45 per Unit, which, if totally subscribed, will yield gross proceeds of C$4,500,000. Every Unit consists of 1 frequent share within the capital of GreenBank and one half of a typical share buy warrant. Every frequent share buy warrant entitles the holder to accumulate one extra frequent share within the capital of Greenbank at an train worth of C$0.50, for 36 months after closing. We have now prolonged worth safety from the CSE till January 30th 2021, and it’s our intent to deal with finishing the fund elevate in the course of the month of January, 2021. Together with me, our CFO and our lawyer in Toronto have expressed our dedication to take part within the personal placement.

In December we had been more than happy to learn that GreenBank has been made a member of the CSE Composite Index. All of us thought this was a becoming finish to the yr and a recognition of all our onerous work in 2020.

As we take a peek into 2021, you’ll not be shocked to be taught that our deal pipeline could be very full and in the course of the month of January we anticipate a busy schedule of bulletins informing the investor neighborhood of our actions.

The Government Staff and the Board of Administrators are all happy with the progress that has been made this yr and we’re enthusiastic about 2021. Our focus, as all the time, stays constructing worth for our shareholders and we really feel with all the things now we have completed in 2020 our shareholders shall be well-rewarded in 2021.

Sincerely,

David M. Lonsdale
Chief Government Officer

About GreenBank

GreenBank Capital Inc. is a subsequent technology service provider banking enterprise that has a versatile low-cost overhead construction designed to assist the enterprise develop exponentially. Our administration are primarily based in Toronto, Dallas, New York and London, and are used to distant working throughout borders. Our mannequin of distant working, dynamic workplace area and versatile contracts – moderately than costly workplaces, full time staff and enormous mounted prices – establishes GreenBank as a possible world service provider financial institution for the longer term, each throughout and after COVID19.

GreenBank is listed on the Canadian Securities Alternate, the Frankfurt Boerse and on the OTC Markets within the USA (buying and selling symbols CSE: GBC and FRA: 2TL and OTCMKTS: GRNBF). GreenBank seeks to spend money on and work with globally-scalable firms and is concentrated on constructing constant capital appreciation for its shareholders.

For particulars of our ‘6 Key Drivers of Worth’ please see our newest Investor Presentation:

https://greenbankcapitalinc.com/wp-content/uploads/2020/11/03.11.20_Greenbank-Deck-compressed.pdf

For extra info please go to our web site

www.GreenBankCapitalInc.com

or contact Mark Wettreich at +1 (647) 693 9411 or by electronic mail Mark@GreenBankCapitalinc.com

SOURCE: GreenBank Capital Inc.

View supply model on accesswire.com:
https://www.accesswire.com/622080/GreenBank-Rounds-Off-Successful-2020-by-Being-Included-in-the-CSE-Composite-Index–End-of-Year-Letter-from-the-CEO

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