This news release is not for distribution or dissemination in the United States of America
Veteran Merchant Banker Danny Wettreich, 67, passed away on September 15, following a
recent heart attack.
Toronto, Ontario, September 18, 2018 – GreenBank Capital Inc. (CSE: GBC and OTCMKTS:
GRNBF and FRA; 2TL) (“GreenBank or the Company”) announces with great sadness that
Danny Wettreich, Founder, Chairman and Chief Executive Officer of GreenBank Capital, died
on Saturday 15th September in Dallas, Texas, due to unexpectedly severe complications from a
recent heart attack.
Mark Wettreich has been elected as the Chairman of the Board and David Lonsdale will act as
the interim CEO, supported by the remaining members of the board. David Lonsdale is a
seasoned executive having built four technology companies including selling one of them to
Microsoft.
“Danny Wettreich was a visionary banker and an entrepreneur at heart. He was an amazing
human being with boundless energy, unmatched work ethic and an exceptional talent for creating
possibilities. With GreenBank, he identified a compelling business model and a repeatable strategy that has
already borne fruit. He leaves behind a company with a strong foundation, a template for
success, and a clear roadmap for us to execute on. We look forward to doing just that as we
continue to build value for GreenBank shareholders” Chairman of the Board Mark Wettreich
said.
Last week GreenBank Capital took public its first portfolio company, Ubique Minerals
(CSE:UBQ) and has commenced its 2018 drilling program. The GreenBank Capital board and
the management teams of the 16 portfolio companies continue to execute on our business model.
About GreenBank
GreenBank is a merchant banking business listed on the Canadian Securities Exchange (trading
symbols CSE: GBC and OTCMKTS: GRNBF and FRA: 2TL), and is included in the CSE
Composite Index. GreenBank’s 100% subsidiary GreenBank Financial Inc. is a merchant bank.
GreenBank’s portfolio companies comprise equity investments in 16 small cap businesses,
namely; 52% of Blockchain Evolution Inc, owners of the world’s first identification based
blockchain, and developers of Xbook a user permissioned and revenue sharing social media
platform; 15% of Ubique Minerals Limited, a zinc exploration company in Newfoundland,
Canada; 50% of GBC Grand Exploration Inc, a gold exploration company in Newfoundland,
Canada; 100% of Medik Blockchain Inc, providing blockchain based medical confidentiality
systems to the healthcare community; 100% of Cannabis Blockchain Inc, developers of a digital
information management system for the cannabis industry; 19% of Kabaddi Games Inc,
developers of a mobile application game based on the sport of Kabaddi; 100% of North America
Veterans Insurance Services Inc, an insurance agency holding company; 19% of Inside Bay
Street Corporation, a financial news communications company; 10% of Gander Exploration Inc,
a minerals exploration company in Newfoundland, Canada; 10% of Reliable Stock Transfer Inc,
a Canadian small cap transfer agency; 15% of Buchans Wileys Exploration Inc, a minerals
exploration company with interests in Newfoundland, Canada; 10% of The Lonsdale Group
LLC, a USA based private equity company focused on small cap investments; 100% of
Expatriate Assistance Services Inc, providing relocation services to expatriates; 14% of Slabdeck
Technology Inc, developers of a search mobile application; 12% of KYC Technology Inc,
owners of a worldwide online 24-hour “Know Your Customer” identification verification
process; and 18.25% of Minfocus Exploration Corp (TSXV: MFX), a mineral exploration
company;
For more information please see https://www.GreenBankCapitalinc.com or contact Mark
Wettreich at (647) 931 9768 or by email mark@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., the raising of additional capital and the future
development of the businesses comprising GreenBank’s investment portfolio. The forwardlooking
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 GreenBank 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 GreenBank 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.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts
responsibility for the adequacy or accuracy of this release.