Our Investments

Our Investments

GreenBank’s current investment portfolio

In addition to funding, GreenBank provides corporate advice and board of directors participation with the objective of seeking a public listing for investee companies on North American or European Exchanges.

Pharmakure

United Kingdom based Drug Discovery Company

GreenBank Capital and Pharmakure (www.pharmakure.com) have signed an LOI agreeing (subject to contract) that GreenBank Capital will be appointed as Pharmakure’s Merchant Bank in order to help list Pharmakure on the CSE and other international exchanges. Under terms of that appointment GreenBank will receive fees in cash and Pharmakure stock worth CA$925,000 at the lower end of the anticipated floatation valuation.

Pharmakure is the pioneer of a very important and potentially revolutionary treatment for Alzheimer's. Pharmakure targets ‘remediation’ of the disease using two re-purposed approved drugs. Because the drugs are already approved by regulators, Pharmakure can move immediately to Phase II Clinical Trials, thus avoiding pre-clinical and Phase I trials which can take years and cost many millions of dollars. Subject to successful listing on the CSE, institutional investors have committed to provide funding of up to CA$26m to finance these Phase II Clinical Trials and to progress Pharmakure’s other pipeline drugs.

AuBit.

Asset Management Platform

GreenBank Capital’s 19% owned portfolio company Staminier Limited (and where GreenBank has an option to increase to 100%), a United Kingdom-based Merchant Banking firm, invested in 400,000,000 Freeway Tokens as a first step in a planned collaboration with AuBit (www.aubit.io). AuBit is the pioneering asset management platform being created by AuBiT International to help to service the needs of institutional, professional and retail investors in the multi-trillion dollar global asset management industry.

Freeway Tokens are traded on several crypto currency platforms and have a strictly limited maximum supply of only 10bn. Based on the midmarket price at 8 am GMT on 12 November 2020, Staminier's holding of Freeway Tokens had a market value of approximately US$3.2m. Within a week of making the investment, the value of the investment had doubled.

TRU Precious Metals

Gold exploration in Central Newfoundland

GreenBank Capital’s 47.7% owned portfolio company GBC Grand Exploration sold its Twilite mining property to TRU Precious Metals (www.trupreciousmetals.com) for 1,435,000 common shares of TRU (TSXV:TRU) at a deemed price of $0.25 per share. In addition, TRU paid $100,000 cash and agreed to pay a 1% net smelter royalty on any future mineral production from the property. TRU will pay up to a further 1,000,000 shares based upon certain production levels being achieved in the future.

This represents a significant return on GreenBank’s initial nominal investment to acquire its 47.7% ownership which was largely in return for providing merchant banking services. At the time of the sale, the value of GreenBank’s pro-rata portion of the cash and stock paid by TRU Precious Metals was over $250,000 but continues to increase as TRU’s stock price appreciates. GreenBank also stands to earn more from this transaction based upon future performance of the Twilite property.

Staminier Limited

United Kingdom based merchant banking business

19% of Staminier Ltd., with an option to increase to 100%, a United Kingdom based venture capital and merchant banking business whose overall strategy is to acquire substantial interests in undervalued fast-growing companies with at least five years profitability and proven cash flow. Staminier also provides private and public companies with business advisory, corporate finance and marketing services.

Ubique Minerals Limited

Minerals exploration company with interests in Newfoundland, Canada;

22% of Ubique Minerals Limited, a zinc exploration company in Newfoundland, Canada. Ubique owns claims around the former Daniel’s Harbour zinc mine situated approximately 10 km northeast of the town of Daniel’s Harbour on the west coast of Newfoundland. Ubique is currently undertaking a drilling project on the property, and it is interesting to note that the claims adjacent to Ubique’s claims are primarily owned by Altius Minerals Corporation, a Newfoundland mineral explorer with a $500 million market cap. With approximately 7,000,000 tonnes averaging 7.8% zinc having been mined from the Daniel’s Harbour mine, GreenBank has high hopes for its investment (Wardle, R.J. (2000) Mineral Commodities of Newfoundland and Labrador - Zinc and Lead; Government of Newfoundland and Labrador, Geological Survey, Mineral Commodities Series Number 1, 12).

Kabaddi Games Inc.

Developers of a mobile application game that is based on the sport of Kabaddi

59.5% of Kabaddi Games Inc a mobile application game that derives from the very popular sport of Kabaddi. The Kabaddi game is currently in beta form, and version 1.0 is anticipated to be released soon. The sport of Kabaddi is the second most popular sport in India, after cricket, attracting 430 million television viewers during the 2014 inaugural televised season of the Pro Kabaddi League. The sport of Kabaddi is a cross between freestyle wrestling and rugby that tests speed, agility and power. Two teams of seven players each take turns in sending an individual “raider” to tag an opponent. If the raider is wrestled down by a defender he is suspended temporarily until his team wins him back by tackling the opposition’s raider. The game is fast paced and the winner is declared in 40 minutes. Kabaddi is played in about 65 countries.

Reliable Stock Transfer Inc

Canadian small cap transfer agency;

10% of Reliable Stock Transfer Inc, a Toronto based transfer agency focused on providing transfer agency services to public companies listed on the Canadian Securities Exchange. Reliable provides stock transfer services for small cap public companies at competitive rates. Services include processing of transfers, shareholder reports, obtaining CUSIP and ISIN numbers, acting as escrow agents, acting as scrutineers for shareholder meetings, providing stock options and warrant services, shareholder mailing services, and processing treasury directions

GBC Grand Exploration Inc.

Minerals exploration company with interests in Newfoundland, Canada

47% of GBC Grand Exploration Inc, which has recently announced the disposal of its principal property, the Twilite Gold Property in Newfoundland, to Trius Investments in exchange for cash and Trius common shares. Comprising 65 claims located 14km southwest of Grand Falls-Windsor. The Twilite property features low-sulphidation epithermal-style gold mineralization and shares geological characteristics in common with the Moosehead bonanza-style gold property located 30 km to the northeast. A NI-43-101 Report on the Twilite property is underway. Also included is the Browning property comprising 24 claims located 2km south of Pollards Point, Newfoundland. The Browning Property includes the Browning Mine, which produced 149 ounces of gold in 1903. The Browning Mine is the best-known gold deposit in the area and has the distinction of being one of the first-producing gold-only deposits on the Island of Newfoundland. On the Browning property, gold mineralization is epigenetic and is associated with mesothermal-style quartz and quartz-carbonate veins that typically also contain base-metal sulphides such as pyrite, chalcopyrite, galena and sphalerite. Iron carbonate alteration is spatially associated with gold-bearing veins at the Browning Mine (Kerr. A, Current Research (2006) Newfoundland and Labrador Department of Natural Resources Geological Survey, Report 06-1, pages 61-90).

Blockchain Evolution Inc

Owners of the world’s first identification based blockchain;

52% of Blockchain Evolution Inc. which owns the technology behind the world’s first identification-based Blockchain. Its mission is to engage in software development and marketing of identification-based blockchains, and deploy the technology in a wide array of uses. Blockchain Evolution’s 100% subsidiary Xbook Network Inc is developing a user permissioned social media platform empowering users to control access to their personal data, and which shares 50% of Xbook revenue with Xbook users. Xbook is utilizing Blockchain Evolution technology to provide the critical user identification infrastructure that is needed to accurately and securely record data for both users and advertisers. The potential for blockchain technology in the FinTech space, as well as other uses, is significant.

Minfocus Exploration Corp

A TSXV publicly listed minerals exploration company

Approximately 8% of Minfocus Exploration Corp (TSXV: MFX) a publicly listed minerals exploration company. GreenBank acquired its investment in a private transaction.

Gander Exploration Inc.

Minerals exploration company with interests in Newfoundland, Canada

34.75% of Gander Exploration Inc has its principal property the Cripple Creek Property in Newfoundland, comprising 65 claims located 25km north of the town of Gander. Between 2011 and 2013 Capstone Mining Corp (TSX:CS) completed airborne geophysical, soil sampling and mapping surveys on the Cripple Creek Property, as well as a 10-hole drilling program in 2013. The highlights of the drilling program were 9.28m of 2.98 copper; 3.6m of 4.74% copper and 0.16 g/t of Gold. The drilling program also discovered awaruite in several drill holes (Capstone Mining Corp, Newfoundland Geological Survey, Assessment File 2E/1823). Previously, in 2005, seven grab samples from the property yielded significant gold, copper and silver values, including up to 19.8 g/t gold, up to 10.2% copper, and up to 21.9 g/t silver (P.H. Davenport, L.W. Nolan, A.J. Butler, H.A. Wagenbauer and P. Honarvar, 1999 The Geoscience Atlas of Newfoundland, Newfoundland Department of Mines and Energy, Geological Survey, Open File NFLD/2687,Version1.1).

Inside Bay Street Corporation

A financial news communications business;

19% of Inside Bay Street Corporation, a financial communications company. An online portal that offers dissemination of company news by way of press releases, research reports and commentary which is distributed to brokers, investment dealers, and investors. It also provides exposure to small cap companies in its Featured Companies section. The website is currently being modified and upgraded to add features that will enhance the portal in order to attract a larger user base of investors and small cap growth companies, and it will re-launch in the near future.

The Lonsdale Group LLC

USA based private equity company focused on small cap investments;

10% of The Lonsdale Group LLC which is a USA private equity company feeding deals and investment opportunities to GreenBank. It was founded in 2008 by David Lonsdale, a GreenBank director, and the former President of Allegiance Capital Corporation, a private investment bank focusing on mergers and acquisitions. Lonsdale has minority investments in a number of diversified private companies comprising data protection, emergency response technology, insurance products, telecommunication testing equipment, technology marketing platforms, and medical alert technology. In addition to equity financing, Lonsdale Group plays an active advisory role in helping its portfolio companies grow.

Buchans Wileys Exploration Inc.

Minerals exploration company with interests in Newfoundland, Canada;

25% of Buchans Wileys Exploration Inc. Buchans Wileys is an exploration stage company who is seeking attractive mineral properties situated in Newfoundland Canada. The Newfoundland area has seen a dramatic increase in renewed interest due to some exciting discoveries over the past decade, and Buchans Wileys seeks to take advantage of this trend.