Coquitlam, British Columbia – (Newsfile Corp. – November 8, 2021) – Greenbriar Capital Corp. (TSXV: GRB) (Rose OTC: GEBRF) (“Green heather“) is pleased to announce that it has closed the broker-less private placement announced on November 1, 2021. Greenbriar has issued 300,000 units (the”Units“) at a price of $ 1.65 per unit for gross proceeds of $ 495,000. Each unit consists of one common share and one warrant. Each warrant (a”To guarantee“) allows its holder to acquire one additional share in the capital of Greenbriar at a price of $ 1.75 for a period of two years.

The common shares comprising the units and all shares issued on the exercise of warrants are subject to a hold period until March 9, 2022. The proceeds of the private placement will be used by Greenbriar for working capital purposes.

ON BEHALF OF THE BOARD OF DIRECTORS

“Jeff Ciachurski”

Jeffrey J. Ciachurski

Chairman and CEO and Director

Telephone: 949.903.5906

The TSX Venture Exchange has not reviewed and accepts no responsibility for the accuracy or relevance of this release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements. All statements, other than statements of historical fact, constitute “forward-looking statements” and include any information that deals with activities, events or developments that the Company believes, expects or anticipates will or may occur. produce in the future, including strategy, plans or future financial or operational performance and other statements that express management’s expectations or estimates of future performance.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102578

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