Greenbriar Capital Corp. announced a non-brokered private placement of up to 360,000 units at a price of CAD 1.25 per unit for the aggregate gross proceeds of CAD 450,000 on May 3, 2023. Each unit comprises one common share and one common share purchase warrant.

Each warrant is convertible into one common share at CAD 1.50 per share for a period of five years. The units are subject to a 4 month hold period. The transaction is subject to the approval of the Toronto Venture Exchange.