TSX-V Symbol: GRB
Issued and Outstanding: 10,943,500
VANCOUVER,
Feb. 24, 2013 /PRNewswire/ -
Greenbriar Capital Corp. -- (the "Company" or "Greenbriar")
(TSX Venture Exchange -- "GRB") is pleased to announce that it is
in negotiations to acquire at least five and up to eight real
properties suitable for utility scale solar production. The sites
are in very near proximity to utility scale interconnection
facilities and provide ideal topographical conditions for
large-scale energy production.
These negotiations are consistent with the
Company's strategic objectives of expanding its real estate
business from large-scale residential sub-divisions into renewable
energy based real estate transactions with the goal of sustainable
long-term income streams.
Jeff Ciachurski, CEO of Greenbriar states "we
are pleased to be moving Greenbriar into a large-scale owner of
renewable energy real estate providing a foundation for long term
and sustainable income growth.
ON BEHALF OF THE BOARD OF DIRECTORS
"SIGNED"
Jeffrey J. Ciachurski
President & Chief Executive Officer
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.
SOURCE Greenbriar Capital Corp.