Greenbank Capital Successfully Raises C$448,111.88 In First Phase Of Private Placement - Seite 2

The securities offered as part of the Private Placement Offering have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

Note for residents in the UK

To the extent the securities are offered to persons in the UK pursuant to the Private Placement Offering, such offer is made pursuant to an exemption under Article 1(4) of Regulation (EU) 2017/1129 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended (the "UK Prospectus Regulation"). Accordingly, any person making or intending to make an offer in the UK of the units comprised therein ("Units") may only do so in circumstances in which no obligation arises for the Company or any other person to publish a prospectus pursuant to Article 3(1) of the UK Prospectus Regulation.

This announcement is not an invitation to engage in investment activity. It is exempt from the restriction in section 21 of the Financial Services and Markets Act 2000 ("FSMA") by virtue of Article 69 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order") (promotion of securities already admitted to certain markets).

The offering document for the Private Placement Offering will only be made available to persons in the UK who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Order (investment professionals); (ii) are persons falling within Article 43(2) of the Order (members or creditors of certain bodies corporate); (iii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.); (iv) are certified high net worth individuals falling within Article 48(2) of the Order; (v) are self-certified sophisticated investors falling within Article 50A(1) of the Order; or (vi) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of Section 21 of the FSMA) in connection with the issue or sale of the Units may otherwise lawfully be communicated or caused to be communicated (all such persons in (i), (ii), (iii), (iv), (v), and (vi) together being "relevant persons").