Mr. Jeff Ciachurski reports
GREENBRIAR ANNOUNCES CLOSING OF UPSIZED NON-BROKERED PRIVATE PLACEMENT
Greenbriar Sustainable Living Inc. has closed its upsized non-brokered private placement,
previously announced in its news releases dated Oct. 6, 2026, and Oct. 20, 2026.
The private placement comprises a total of 2.7 million units at 45 cents per unit for gross proceeds
of $1,215,000. Each unit consists of one common share in the capital of the company and one
common share purchase warrant, exercisable into one additional share at a price of 55
cents per share until Nov. 5, 2029.
No commissions or finders' fees were payable in connection with the private placement. The company intends to use
the proceeds from the private placement primarily for Sage Ranch engineering costs to file final construction permits
for grading, sewer, drainage, water, curb, gutter, internal roads and dry utilities. The securities issued under the
private placement are subject to a statutory hold period of four months and one day that expires on March 6, 2027.
The private placement remains subject to final approval of the TSX Venture Exchange.
Insiders of the company subscribed for an aggregate of 1.5 million units under the private placement for gross
proceeds of $675,000. The participation of insiders in the private placement constitutes a related party
transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special
Transactions. The company relied on the exemptions from the formal valuation and minority
shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither
the fair market value of the securities issued to, nor the consideration paid by, such insiders exceeded 25 per cent of the
company's market capitalization. The company did not file a material change report more than 21 days before the
closing of the private placement, as the details of the participation of insiders had not been confirmed at that time and
the company wished to close the private placement in an expeditious manner for sound business reasons.
With the recent senior management changes announced Nov. 4, 2026, Jeffrey Ciachurski will be appointed
executive chairman of the board of directors. Daniel Kunz will relinquish his role as chairman but remain a member
of the board of directors.
About Greenbriar Sustainable Living Inc.
Greenbriar is a leading developer of sustainable real estate and renewable energy. With long-term, high impact
projects and led by a successful industry-recognized operating and development team, Greenbriar targets deep valued
assets directed at accretive shareholder value.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.