GreenBank Capital Announces Strong Quarter with Active Strategic Developments

REYKJAVÍK, ICELAND—GreenBank Capital Inc. (CSE:GBC)(OTCMKTS:GRNBF)(FRA:2TL) has reported considerable advancements in its operational and financial performance, following recent corporate maneuvers. The company, which had completed essential corporate filings and had a Cease Trade Order revoked, is now intensifying its focus on strategic investments and partnerships.

Notably, GreenBank has successfully generated revenue from operating activities during the quarter ending April 30, accumulating about $174,500 through its consulting and geological services which align with its newly revised strategic direction. Additionally, GreenBank has renewed licenses at the Suni Iron Project and is in the advanced stages of appointing relevant service providers for upcoming exploration activities.

The company also provided an update on its involvement with Staminier, indicating its handling of financial dealings as a creditor and detailing discussions with the Future Fund concerning Staminier's asset maximization.

The release also highlighted the active role GreenBank has taken in collaborating with potential entrepreneurial partners in the green energy sector, aligning with its strategy to enhance shareholder value through focused and strategic operations.