Zara Wettreich agreed to acquire remaining 10% stake in Reliable Stock Transfer Inc from GreenBank Capital Inc. (OTCPK:GRNB.F) for CAD 0.23 million subsequent to January 31, 2022. Consideration for the sale will reduce the balance of a convertible loan owed by GreenBank to Zara Wettreich. In related transactions, GreenBank Capital Inc. agreed to sell 19% interest in Inside Bay Street for CAD 0.004 million and 10% interest in The Lonsdale Group LLC.

A special committee established by the board of directors of GreenBank and consisting of an independent director determined that the transaction is fair and reasonable in the circumstances to the Company. The process of approving the transaction involved the appointment of a special committee and the approval of the transaction by the special committee. The special committee was comprised of one director who is independent within the meaning of MI 61-101.