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Update Concerning Investee Company Staminier Ltd Private Placement, Debt Conversion, and Resignation of Officer
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Update Concerning Investee Company Staminier Ltd Private Placement, Debt Conversion, and Resignation of Officer
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Update Concerning Investee Company Staminier Ltd Private Placement, Debt Conversion, and Resignation of Officer
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GreenBank Capital Inc : Greenbank Capital Portfolio Company Staminier Raises C$17m, and Completes Substantia Acquisition
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GreenBank Capital Inc.: GreenBank Portfolio Company Staminier Reaches Agreement to Acquire The Substantia Group
This news release is not for distribution or dissemination in the United States of America
TORONTO, ON / ACCESSWIRE / February 16, 2021 / GreenBank Capital Inc. (CSE:GBC)(OTC PINK:GRNBF)(FRA:2TL) ( GreenBank or the Company ) is pleased to announce that Staminier Limited ( Staminier ) (in which GreenBank has an existing 19% stake with an option to increase that stake to 100%), has signed a Letter of Intent ( LOI ) to acquire 100% of The Substantia Group Limited ( Substantia ).
Substantia is a United Kingdom-based property and business consultancy offering clients a wide range of outsourced services. The ultimate beneficial owner of Substantia is Terry Pullen, a member of the GreenBank board. Substantia works with or for Blue Chip companies and independents alike based both in the UK and overseas including: British Land Plc, U&I Group Plc, Netflix, Sainsburys, Morrisons,