cash4
9 years ago
Isle of Man Welcomes GreenCoinX
Toronto, Ontario (FSCwire) - GreenBank Capital Inc (CSE:GBC) ("GreenBank"), the 80% owner of GreenCoinX Inc developers of the world’s first identifiable crypto currency, announces that the Isle of Man government welcomes GreenCoinX to the Isle of Man.
The Isle of Man Chief Minister Allan Bell MHK said:
“We welcome the decision by GreenCoinX to establish its operations in the Isle of Man which reinforces our position as leading the way in the digital currency sector.”
GreenCoinX has now opened its European marketing and international treasury office in Douglas, Isle of Man, and has engaged the services of Alan Molloy as CEO of its Isle of Man operations. Mr Molloy was previously the Managing Director of international services for Duncan Lawrie a British private bank. GreenCoinX will shortly commence its unique global treasury function, which is designed to dampen volatility in the price of the GreenCoinX crypto currency, and will be hiring an estimated 20 new employees in the Isle of Man over the next 18 months. Discussions with the Isle of Man Government have led to the Isle of Man being chosen as the location for these services, with no financial commitment having being made by the Government.
Laurence Skelly MHK, Isle of Man Minister for Economic Development said:
“GreenCoinX has the potential to make a significant difference in the digital currency arena and the Isle of Man Government is very supportive of any organisation that has aspirations such as this, as it matches our own ambitions in terms of high standards and rapid growth.”
Isle of Man Chief Minister Allan Bell MHK further said:
“The Isle of Man has worked hard to establish a reputation as a responsible and innovative international business centre. Consistent with this policy, we are one of the first countries in the world to have amended legislation to apply to digital currency, helping to protect consumers and keep out crime. This clear policy position, coupled with other advantages including the strength of our IT infrastructure and the quality of our financial and professional services, is attracting responsible businesses seeking to operate in the sector. As a result, we have already attracted over 20 businesses to the Isle of Man from all over the world with more considering a similar move.”
Danny Wettreich, Chairman of GreenCoinX Inc, commented:
“The Isle of Man has a superb technological and corporate infrastructure which makes it very attractive as a business location. It also has an enlightened Government attitude that is receptive to finding the best practice in the execution of complex crypto currency issues. In that sense we feel that we have found a kindred spirit.”
About GreenBank
GreenBank is a merchant banking business investing in Canadian small cap companies. Its 80% subsidiary GreenCoinX Inc. is a software company that has developed the world’s first identifiable crypto currency. Its 100% subsidiary GreenBank Financial Inc. is an investment bank focusing on small cap companies. GreenBank owns significant equity stakes in Leo Resources Inc (CSE:LEO), Hadley Mining Inc (CSE:HM) and Zara Resources Inc (CSE:ZRI).
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 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
Isle of Man media enquiries:
Richard Slee Alan Molloy
PR & Media Relations Manager CEO
Isle of Man Department of Economic Development GreenCoinX (Isle of Man) Ltd
Tel: +44 (0)1624 682364 17-18 Mount Havelock, Douglas, Isle of Man,
Richard.Slee@gov.im Tel: +44 (0) 7624 498212
alan@greencoinx.com
Notes to editors
The Isle of Man is a responsible partner to the international community
The Isle of Man is a responsible international business centre which takes careful notice of international best practice. It has a modern regulatory system aligned to international standards in tax compliance and transparency, and in safeguarding and supervising the financial system.
The Isle of Man has 40 tax agreements with other countries including the UK, USA and Canada.
The Island has signed an intergovernmental agreement with the United States of America to implement its FATCA legislation. Under this agreement the Isle of Man will automatically share certain tax information with the USA.
In November 2013 the Isle of Man was one of just a few jurisdictions rated “compliant” by the OECD for its Global Forum on Transparency and Exchange of Information for Tax. An update two years later confirmed the Isle of Man remains in the top group, ranked as one of only 21 jurisdictions, out of 81, to be ‘compliant’ with the standard.
The Isle of Man has for many years been committed to transparency and to combatting money laundering and the financing of terrorism. It has ensured that its financial institutions obtain and keep up-to-date beneficial ownership information on all business relationships in a manner which meets relevant FATF Recommendations. Back in 2000 the Island pioneered the regulation of trust and company service providers specifically to reinforce its oversight of this area of compliance.
In September 2013 the Isle of Man welcomed the public recognition from the UK Prime Minister David Cameron, in the House of Commons, that it is not a tax haven.
The Isle of Man has a track of over 30 years of continuous economic growth averaging 6% annually. As a result, the World Bank ranks the Isle of Man as among the top ten countries in the world in terms of Gross National Income per person.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/GreenBankOct52015.pdf
Source: GreenBank Capital Inc. (CSE:GBC) http://www.greenbankcapitalinc.com/
http://www.fscwire.com/sites/default/files/styles/customer-logos-in-nr/public/GBC-CNQ.jpg
© Copyright © 2015 Filing Services Canada Inc.
cash4
9 years ago
GreenBank Subsidiary GreenCoinX Enables XGC to Trade on 15 Crypto Currency Exchanges
TORONTO, ON / ACCESSWIRE / September 14, 2015 / GreenBank Capital Inc (CSE: GBC) ("GreenBank") announces that its 80% owned subsidiary GreenCoinX Inc, the developer of the world's first identifiable crypto currency, and which has XGC as its digital currency identifier, and Crypto Next PLC an international crypto currency exchange with a "white label" exchange platform that has 14 affiliated exchanges, have agreed that XGC will be added on the Crypto Next platform and as such can be traded on all of its affiliated exchanges.
Crypto Next is based in the Isle of Man, and its exchange affiliates provide digital currency exchanges in multiple languages, multiple currencies, and with secure policies in accordance with Isle of Man regulations.
The exchanges that can now trade XGC are:-
Crypto Next — www.cryptonext.net
CoinQX — www.coinqx.com
Coin Cloud Ex — www.coincloudex.com
Birja Monet — www.birjamonet.com
Altbitex — www.altbitex.com
The Crypto Next affiliated exchanges that have yet to complete their review process with respect to trading XGC are:-
BitcoinX Romania — www.bitcoinxromania.com
UniiFund — www.unii.fund
Stock Digital Coin — www.stockdigitalcoin.com.br
Targe Exchange — www.targoexchange.com
Dollar exchange — www.edollar.international
Bitcoins Greece — www.bitcoinsgreece.com
Bitopia — www.bitopia.io
Banx Trade — www.banxtrade.com
Schilling — www.eschilling.org
Koruna — www.koruna.in
As more crypto currency exchanges determine to trade XGC, GreenCoinX will make further announcements.
About GreenBank
GreenBank is a merchant banking business investing in Canadian small cap companies. Its 80% subsidiary GreenCoinX Inc. is a software company that has developed the world's first identifiable crypto currency. Its 100% subsidiary GreenBank Financial Inc. is an investment bank focusing on small cap companies. GreenBank has an investment portfolio with significant equity stakes in Leo Resources Inc (CSE: LEO), Hadley Mining Inc (CSE: HM) and Zara Resources Inc (CSE: ZRI).
For more information please see www.GreenBankCapitalinc.com or contact Danny Wettreich at (647) 931 9768 or dw@GreenBankCapitalinc.com.
About Crypto Next
Registered in the Isle of Man, a jurisdiction that is openly friendly towards digital currency companies, Crypto Next's platform has a global reach and offers a variety of languages, with recent additions including Portuguese and Romanian. In addition to providing multiple languages, multiple currencies, banking facilities and a regulatory framework, the Crypto Next platform adds security through vertical decentralisation as well as Isle of Man regulations that state that funds in the exchange be controlled by a Corporate Service Provider, such that fiat currencies in the network are secured by an independent third party. Crypto Next specialises in providing a software platform to "white label" exchanges, that can choose from a variety of features, coins and languages to suit their preferences. All the exchanges in the network share Crypto Next's unique tokenised fee system, whereby transaction fees can be paid for with the Crypto Next Coin (CXC), potentially saving savvy digital currency traders a great deal in fees. All white label exchanges are subject to the company's rigorous AML, CFT Policy in accordance with Isle of Man regulations. More information about Crypto Next is available at www.cryptonext.net.
For press contact press@cryptonext.net or USA +1 323 686 3359 or UK +44 870 471 5733.
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 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. This news release is not for distribution or dissemination in the United States of America
SOURCE: GreenBank Capital Inc
© © 1998 - 2015 Baystreet.ca Media Corp. All rights reserved.
cash4
9 years ago
GreenBank Subsidiary GreenCoinX Completes Online Wallet and Mobile Wallet
Newsfile Corp.
Newsfile Corp
Toronto, Ontario--(Newsfile Corp. - August 31, 2015) - GreenBank Capital Inc (CSE: GBC) ("GreenBank" or "the Company") announces that its 80% owned subsidiary GreenCoinX Inc, the developer of the world's first identifiable crypto currency which has XGC as its digital currency identifier, has completed an online free wallet for sending and receiving XGC. The XGC wallet is available at www.xgcwallet.org.
Also completed and available for free is the XGC Mobile Wallet for Android devices. The mobile wallet has the same features as the online wallet 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. A further press release will be made when the XGC Mobile Wallet is available for Apple devices.
Both the XGC Online Wallet and the XGC Mobile Wallet can send and receive XGC using an email address or mobile phone number, and do not require the user to remember a complicated public key.
Access to each wallet is by the use of a personal passphrase rather than by a complicated series of numerals and digits. The passphrase can be as long as the user likes, and can be in any language. This enables the user to more easily remember the passphrase for wallet access. The passphrase is converted into digits and then encrypted by the software in the background.
The XGC online and mobile wallets are secure wallets, and all XGC private key generating algorithms are calculated on the browsers. XGC private keys enable access to the XGC which are recorded on the GreenCoinX Blockchain. The GreenCoinX Blockchain contains only the transaction ledger thereby making hacking the wallets virtually impossible. Unlike most crypto currency wallets, when opening the XGC Wallet there is no need to sync the wallet with the blockchain. This means that the wallet is available for immediate use. Signing into a wallet requires a wallet ID and the user passphrase together with two factor authorization.
"The XGC Wallet is a very user friendly online and mobile wallet with some unique features, and is available for free to facilitate the widespread use of XGC transactions by consumers." said Danny Wettreich, CEO of GreenCoinX.
About GreenBank
GreenBank is a merchant banking business investing in Canadian small cap companies. Its 80% subsidiary GreenCoinX Inc. is a software company that has developed the world's first identifiable crypto currency. Its 100% subsidiary GreenBank Financial Inc. is an investment bank focusing on small cap companies. GreenBank has an investment portfolio with significant equity stakes in Leo Resources Inc (CSE: LEO), Hadley Mining Inc (CSE: HM) and Zara Resources Inc (CSE: ZRI).
For more information please see www.GreenBankCapitalinc.com or contact Danny Wettreich at (647) 931 9768 or 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 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.
This news release is not for distribution or dissemination in the United States of America
http://www.newsfilecorp.com/newsinfo.php?i=17038&f=96
cash4
9 years ago
GreenBank Subsidiary GreenCoinX Addresses Block Chain Mining Longevity
Newsfile Corp.
Newsfile Corp
Toronto, Ontario--(Newsfile Corp. - August 27, 2015) - GreenBank Capital Inc (CSE: GBC) ("GreenBank" or "the Company") announces that its 80% owned subsidiary GreenCoinX Inc, the developer of the world's first identifiable crypto currency and which has XGC as its digital currency identifier, has addressed the problem of long term crypto currency mining rewards.
All crypto currency block chains function because miners are incentivized to process transactions in order to receive a reward of newly generated crypto currency. Existing block chains have not adequately addressed the problem of what happens when all the currency has been mined. Without a mining reward to incentivize them, miners will likely cease mining, and relying on transactional fees to provide sufficient rewards to miners is unlikely to be effective. As the process of mining crypto currency is essential for the smooth functioning of block chains, there has to be certainty in long term miner rewards.
In order to provide a long term incentive for XGC miners to continue to mine XGC until 2160, the Digital Foundation has been established. The Foundation is a non-profit which owns 20% of all the XGC that can ever be created, or some 42 million XGC. Even when all the XGC have been completely mined, the Digital Foundation will continue to provide XGC Miners with rewards for mining. The Foundation miner reward system will distribute XGC over the next 145 years automatically by way of a software program that adjusts the level and timing of rewards to reflect mining activity on the GreenCoinX block chain. The Foundation board cannot amend the software or change the sole purpose of the Foundation, which is to provide XGC rewards to XGC miners.
The Chairman of the Digital Foundation is David J Robino a corporate and non-profit governance expert, who teaches Business Ethics at Southern Oregon University. He was previously a non-executive director of Insight Enterprises, Inc., a Fortune 500 global provider of information technology, and a non-executive director of Memec, Inc. then the world's largest distributor of specialty electronics and semiconductors which was sold to Avnet, Inc. Before those board roles, Mr. Robino served as the Vice Chairman of Gateway, Inc. His earlier career was spent at The Maytag Corporation, Pepsi-Cola, AC Nielsen, and AT&T. He has a B.A. from Graceland University and an M.S. from Iowa State University.
Other Digital Foundation board members are Danny Wettreich, Nilam Doctor, and David Lonsdale all directors of GreenCoinX Inc.
David Robino commented "I am honored to be the Chairman of the Digital Foundation, which is a unique non-profit institution that will ensure that GreenCoinX miners will receive XGC rewards for many generations to come."
About GreenBank
GreenBank is a merchant banking business investing in Canadian small cap companies. Its 80% subsidiary GreenCoinX Inc. is a software company that has developed the world's first identifiable crypto currency. Its 100% subsidiary GreenBank Financial Inc. is an investment bank focusing on small cap companies. GreenBank has an investment portfolio with significant equity stakes in Leo Resources Inc (CSE: LEO), Hadley Mining Inc (CSE: HM) and Zara Resources Inc (CSE: ZRI).
For more information please see www.GreenBankCapitalinc.com or contact Danny Wettreich at (647) 931 9768 or 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 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.
This news release is not for distribution or dissemination in the United States of America
http://www.newsfilecorp.com/newsinfo.php?i=16990&f=96
cash4
9 years ago
GreenBank Subsidiary GreenCoinX Forms Advisory Board
GREENBANK CAPITAL INC
GREENBANK CAPITAL INC ("GBC-Z;GRNBF-0") - GreenBank Subsidiary GreenCoinX Forms Advisory Board
GreenCoinX to Receive Benefit of Talented Brain Trust
GreenBank Capital Inc ("GreenBank" or "the Company") announces that its 80% owned subsidiary GreenCoinX Inc has formed an Advisory Board of talented executives who collectively bring immense technological, corporate, financial and entrepreneurial experience that will assist in the further development of GreenCoinX, the world's first identifiable crypto currency.
The Advisory Board has as its Chairman, David M. Lonsdale, a director of GreenBank and GreenCoinX and CEO of The Lonsdale Group, a private investor in small cap companies, and comprises the following distinguished members:-
Rob Levy is Founder of LIG Ventures, a Silicon Valley based investment and consulting firm, and Executive in Residence with PricewaterhouseCoopers (PwC), the worlds' second largest professional services business with offices in 157 countries and revenues of $34B. Previously he was Chief Products Officer of Progress Software, an enterprise application development and deployment software company. He was Chief Technology Officer of BEA Systems (sold to Oracle in 2008 for $8.5B), an enterprise software company with revenues in excess of $1.5B, and Chief Technology Strategist of Computer Associates, which is one of the largest software companies in the world. He has previously been a director of Revelytix Inc, (sold to Teradata), an enterprise data company, CEO of Eyeona a software company marketing a retail pricing application, Managing Director US Operations of ItemField, a venture backed startup (sold to Informatica), and Senior Vice President of Nastel Technologies, an enterprise software company.
David J. Robino is a private investor and corporate and nonprofit governance expert. He was previously a non-executive director of Insight Enterprises, Inc., a Fortune 500 global provider of information technology, and a non-executive director of Memec, Inc. then the world's largest distributor of specialty electronics and semiconductors which was sold to Avnet, Inc. Before those board roles, Mr. Robino served as the Vice Chairman of Gateway, Inc. His earlier career was spent at The Maytag Corporation, Pepsi-Cola, AC Nielsen, and AT&T. He has a B.A. from Graceland University and an M.S. from Iowa State University. He currently teaches Business Ethics at Southern Oregon University.
Nigel Stuart Little is the former Group Vice Chairman of Canaccord Capital Corporation, one of the largest investment banking businesses in Canada. He was President of Canaccord Adams, the European division of Canaccord, for seven years. Previously he headed up the international divisions at Nomura International, Morgan Stanley International, NationsBanc Panmure/WestLB and HSBC James Capel. Since retiring from Canaccord, he has been a Senior Advisor to Kleinwort Benson Bank, and is currently a Senior Advisor to PPR Estates, a London based private real estate investment company. He has been a Director or Chairman of a number of public and private companies involved in technology, finance, natural resources, and Real Estate. He graduated with an Honors degree in Natural Sciences from the University of London and is a Fellow of The Securities Institute and a Freeman of the City of London.
Kevin Kuykendall is a serial entrepreneur and is currently CEO of Vivione Biosciences Inc, a Canadian public company commercializing a bacteria testing technology. He is also CEO and Founder of Tripad LLC, a manufacturer of travel and photography accessories, and Chairman of Health2o Products LLC, a nutraceutical beverage and cosmeceutical skincare products business. Previously he was CEO and Founder of White Energy Company LLC, an ethanol producer.
Dwayne Walkeris Senior VP atRightsideGroup, aNasdaqlisted technology anddomain services company. He has been a director, investor and executive at several technology and internet companies includingiClick, Escrow.com, FreeShop.com, Micro General, US Connect, Network Commerce, DomainSponsor and Artemis Ventures. He was President of Nasdaq listed Fidelity National Information Solutions, a provider of banking, real estate and payment technologies. Previously he was Director of Sales and Marketing for Microsoft.
Bob Heckman is President of The Allen Group, a management consulting firm focused on business development and marketing. Previously he was Director of Business Development at Accenture (formerly Anderson Consulting), and he has held senior management positions at MTech and IBM. He is the author of Boardroom Selling: Proven Strategies for Selling to Decision Makers. He is a seasoned international speaker at corporate sales meetings and industry conferences, and is a specialist at executive leadership coaching.
Johann Tse is CEO of Aquarian Capital, an advisory firm which specializes in strategic opportunities in China and with Chinese businesses overseas, from M&A advisory to developing renewable power plants, agribusinesses and natural resources as principals, with offices in Dallas, Beijing, Shanghai, Hong Kong and Tel Aviv. Previously he was Director for International M&A for Yum! Brands, and founded corporate venture capital program for Rohm and Haas Company. He held senior management positions with Swire Group, a UK/Hong Kong conglomerate, where he established 13 companies across numerous industries and was responsible for government relations and corporate development for China. He was the founding Deputy Chairman of the Hong Kong Chamber of Commerce in Shanghai, and was an Executive Director of the Hong Kong Chamber of Commerce in China. He is currently board member of Texas-Israel Chamber of Commerce, Dallas Business Club, and Executive Board Member of Circle Ten Council, Boy Scouts of America. He has an MBA from INSEAD, France, and a Bachelor of Science (Hons.) from the Chinese University of Hong Kong in Electronics Engineering.
Alan Molloy is Chairman of Hillberry Trust Company Limited, a Fiduciary company based in the Isle of Man. He provides independent director and consultancy services, and sits on the Investment Committee of a UK investment management company, having previouslybeen the managing director of the international services of Duncan Lawrie, a British private bank. He is a Fellow of the Institute of Banking in Ireland, a Chartered Fellow of the UK Chartered Institute for Securities and Investmentsand is a Chartered Wealth Manager. He is also a published author on investment related matters.
Vinnie Grosso is a telecommunications and entertainment industry veteran having held senior posts with NBC, AT&T, PRIMEDIA, and as CEO of start-up Into Networks. He is an established entrepreneur with "disruptive" technology and business models for streaming video, interactive television, video-on-demand, software-on-demand and mobile commerce for more than two decades. As President of "AT&T Downtown Digital" he led the first interactive TV trials for AT&T, headed up NBC's efforts with TV affiliates on the Internet, led the technology effort for Primedia to distribute educational software by satellite and built the largest USA and Canadian distributor of broadband games for the cable industry at Into Networks. He is also recognized as a board member of The National Association of Television Program Executives, working the early business models for digital entertainment. He is currently a consultant to Fortune 500 Companies and start-ups alike.
Trevor Koverko is the CEO of Polymath Computer Solutions Inc, a virtual reality real estate marketing business. Previously he was CEO of eProf Education Inc a technology startup connecting educators and students in a virtual classroom. He is an early adopter of crypto currency with a diversified angel investor portfolio. He is retired from the New York Rangers where he was a draft pick in 2005, and previously played professional hockey in the Ontario Hockey League. He is a graduate from the University of Western Ontario-Richard Ivey School of Business.
Jim Taylor is Senior Solution Architect for Liaison Technologies Inc, a data integration and data security company. He was Chief Technology Officer of bTrade Inc a venture-funded software company focused on providing a secure platform for internet-based business transactions, which was purchased by Click Commerce. He previously was head of systems programming teams at Pier 1 Imports and Levi Strauss.
Joe Devich is a Partner at Newport Board Group, a national professional management services firm. He was previously Founder of TipApplause, a developer of mobile phone applications, and President of Knowberry, a web based utility focused on public safety. He was also President of three other technology companies, BizTube, Mosaix, and Asta Networks. He has held senior management positions with Covad Communications, Qwest Communications, Ameritech, and EDS.
About GreenBank
GreenBank is a merchant banking business investing in Canadian small cap companies. Its 80% subsidiary GreenCoinX Inc. is a software company that has developed the world's first identifiable crypto currency. Its 100% subsidiary GreenBank Financial Inc. is an investment bank focusing on small cap companies. GreenBank owns significant equity stakes in Leo Resources Inc (CSE: LEO), Hadley Mining Inc (CSE: HM) and Zara Resources Inc (CSE: ZRI).
For more information please see www.GreenBankCapitalinc.com or contact Danny Wettreich at (647) 931 9768 or dw@GreenBankCapitalinc.com.
cash4
9 years ago
Warrant Exercise [Market News Publishing (Canada)]
GREENBANK CAPITAL INC
GREENBANK CAPITAL INC "GBC-Z") - Warrant Exercise
GreenBank Capital Inc. ("GreenBank" or "the Company") announces that Daniel Wettreich, a director of the Company, has exercised warrants he owns and has purchased 2,000,000 common shares at $0.05 per share for gross proceeds of $100,000. Daniel Wettreich directly and indirectly beneficially now owns 10,332,198 common shares of GreenBank, representing 75.18% of the Company. The total number of common shares issued and outstanding is now 13,742,460.
About GreenBank
GreenBank is a corporate finance investment business investing in Canadian small cap companies. Its 100% subsidiary GreenBank Financial Inc. is an investment bank focusing on small cap companies. Its 80% subsidiary GreenCoinX Inc. is a software company that has developed a unique identifiable crypto currency. GreenBank owns significant equity stakes in Leo Resources Inc., Hadley Mining Inc and Zara Resources Inc.
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 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
This news release is not for distribution or dissemination in the United States of America
____________________________________________________________
(c)2015 Market News Publishing Inc. All rights reserved.
Toronto:(416)366-8881 Vancouver:(604)689-1101 Fax:(604)689-1106
© (c) 2015 Market News Publishing Inc.
http://www.otcmarkets.com/stock/GRNBF/news
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