Toronto - GreenBank Capital Inc. (CSE: GBC and OTCMKTS: GRNBF and FRA: 2TL) ('GreenBank' or 'the Company') is pleased to report that its portfolio company Ubique Minerals (CSE: UBQ) ('Ubique') announced today that it has achieved highly promising results from drill holes completed on its Daniels Harbour zinc project.

Zinc is a key component in battery storage technology, and demand for electricity storage using batteries is expected to grow significantly over the coming years. Wind and solar power need reliable electricity storage capacity in order to compensate for periods when the wind does not blow or the sun does not shine.

David Lonsdale, CEO of GreenBank said 'These Ubique drilling results, coming hard on the heels of GreenBank's announcement on Friday concerning our portfolio company, Staminer's, acquisition of P&H Motorcycles as a first move into the motorcycle electric vehicle market, are very encouraging.'

About GreenBank

GreenBank is a next generation merchant banking business that has a flexible low-cost overhead structure designed to help the business grow exponentially. Our management are based in Toronto, Dallas, New York and London, and are used to remote working across borders. Our model of remote working, dynamic office space and flexible contracts - rather than expensive offices and large fixed costs - establishes GreenBank as a potential global merchant bank for the future, both during and after COVID19.

GreenBank is listed on the Canadian Securities Exchange, the Frankfurt Boerse and on the OTC Markets in the USA (trading symbols CSE: GBC and FRA: 2TL and OTCMKTS: GRNBF). GreenBank seeks to invest in and work with globally-scalable companies and is focused on building consistent capital appreciation for its shareholders.

Contact:

Mark Wettreich

Tel: +1 (647) 693 9411

Email: Mark@GreenBankCapitalinc.com

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