Published in The Wall Street Journal April 22, 2013, 10:44 a.m. ET
Vancouver, British Columbia, April 22, 2013 – GreenBank Capital (CNSX:GBC) is one of the latest new listings on the Canadian National Stock Exchange.
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Recently created through a spin off from Winston Resources (CNSX:WRW), GreenBank is a corporate finance investment business with special expertise and experience in creating and listing companies on the Canadian National Stock Exchange.
Based on the model of a British merchant bank, GreenBank takes equity positions in its clients and participates in client company decisions via board of director’s positions. GreenBank facilitates mergers and acquisitions, often participating with equity in the transactions as appropriate. It focuses primarily upon Canadian publicly listed small caps in the natural resource and mining, oil and gas, and technology sectors.
At listing, its over $2,500,000 investment portfolio includes 49% of Zara Resources (CNSX: ZRI) and 49% of Hadley Mining (CNSX: HM) both mineral development companies with interests in gold, nickel and copper properties in Ontario.
Through its holdings of Zara Resources, GreenBank has a position in Leo Resources, a newly formed minerals company focusing its main efforts on developing its Riverbank nickel-copper property, located about 540 kilometres to the north east of Thunder Bay in Ontario. Leo is being spun off from Zara Resources with Zara shareholders receiving 13,737,500 common shares of Leo, which equals 1 common share in the capital of Leo for every 2 common shares in the capital of Zara.
GreenBank is showing an opening bid of $0.10, and with 25.7 million shares outstanding, currently has a deemed capitalization of $2.6 million.
The company is headed by Chairman & CEO, Danny Wettreich, who has over 40 years’ experience investing in small caps, having started his career doing M&A work for two London merchant banks.
For more information, please visit www.greenbankcapitalinc.com, or contact Danny Wettreich at 647-931-9775, or email dw@GreenBankCapitalinc.com.
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