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Greenbriar Plans to Break Ground on Sage Ranch in April

Greenbriar Plans to Break Ground on Sage Ranch in April

Greenbriar计划在四月份在Sage Ranch破土动工
newsfile ·  03/18 20:34

Scottsdale, Arizona--(Newsfile Corp. - March 18, 2024) - Greenbriar Sustainable Living Inc. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar" or the "Company") is pleased to announce that the schedule to break ground on Sage Ranch will be within the month of April, 2024. The ongoing drama between the TCCWD and the city does not affect our schedule. The company owns and has access to all of the deeded water rights, and any additional sources. The WSA was accurate and complete. The city council was correct in its approval of the WSA. The TCCWD wants to be a land planning agency, and the law does not permit this role. The city was correct in its full approval of the project. During all of the settlement negotiations with the TCCWD, and in front of eight lawyers and the company, the TCCWD emphatically stated they had no issue with Sage Ranch alone. The TCCWD stated during multiple settlement talks that their issue was what the city additionally permits after Sage Ranch. That is not the business of the TCCWD to hold permitting authority over the city. The city has lots entitled since 1898. Those lots are not being permitted and therefore was not part of the WSA's correct analysis. The TCCWD is desperate for some technical victory on a limited re-write of the WSA so they can make a claim to retrieve their legal fees. This has no impact on the schedule of building Sage Ranch nor stopping its progress. The TCCWD uses deeded water rights of all owners who do not use those rights in any given year, and sells them on a yearly basis to ag companies who lease the land from certain TCCWD directors. The TCCWD is in a full conflict of interest. In addition, the president of the TCCWD board tried to buy a portion of the original Sage Ranch from Greenbriar in 2017. Greenbriar said no, and the current TCCWD president was denied owning a piece of Sage Ranch.

亚利桑那州斯科茨代尔--(Newsfile Corp.,2024 年 3 月 18 日)-Greenbriar 可持续生活公司 (TSXV: GRB)(场外交易链接:GEBRF)(“Greenbriar” 或 “公司”)欣然宣布,Sage Ranch的破土动工时间表将在2024年4月之内。TCCWD与城市之间正在进行的戏剧并没有影响我们的日程安排。该公司拥有并有权使用所有契约用水权以及任何其他来源。WSA 准确而完整。市议会对WSA的批准是正确的。TCCWD希望成为土地规划机构,但法律不允许担任这一职务。该市对该项目的全面批准是正确的。在与TCCWD的所有和解谈判中,在八名律师和公司面前,TCCWD明确表示,光靠Sage Ranch他们没有异议。TCCWD在多次和解谈判中表示,他们的问题是继Sage Ranch之后该市还允许什么。对城市行使许可权不是TCCWD的职责。自1898年以来,这座城市就有地块。这些批次不被允许,因此不属于WSA正确分析的一部分。TCCWD迫切希望通过对WSA进行有限的重写来取得一些技术上的胜利,这样他们就可以申请收回律师费。这对建造Sage Ranch的时间表没有影响,也没有停止其进度。TCCWD使用所有在任何一年中未使用这些权利的所有者的契约用水权,并每年将其出售给向某些TCCWD董事租赁土地的农业公司。TCCWD 完全存在利益冲突。此外,TCCWD董事会主席在2017年试图从Greenbriar手中收购最初的Sage Ranch的一部分。格林布里亚尔说不,现任TCCWD总裁被否认拥有Sage Ranch的一部分股份。

About Greenbriar Capital Corp:

关于 Greenbriar Capital Corp

Greenbriar is a leading developer of sustainable real estate and renewable energy. With long-term, high impact projects and led by a successful industry-recognized operating and development team, Greenbriar targets deep valued sustainable assets directed at accretive shareholder value.

Greenbriar是可持续房地产和可再生能源的领先开发商。Greenbriar通过长期、高影响力的项目,由业界认可的成功运营和开发团队领导,瞄准价值丰厚的可持续资产,以增加股东价值。

ON BEHALF OF THE BOARD OF DIRECTORS

代表董事会

"Jeff Ciachurski"

“杰夫·恰丘尔斯基”

Jeffrey J. Ciachurski
Chief Executive Officer and Director
Ph: 949-903-5906

杰弗里 ·J· 恰丘尔斯基
首席执行官兼董事
Ph:949-903-5906

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

多伦多证券交易所风险投资交易所尚未对本新闻稿的准确性或充分性进行审查,也不承担任何责任。多伦多证券交易所风险投资交易所及其监管服务提供商(该术语在多伦多证券交易所风险投资交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。

This news release includes "forward-looking statements" and "forward-looking information" within the meaning of Canadian securities laws and United States securities laws (together, "forward-looking statements"). All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the Debenture and the use of gross proceeds. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "anticipate", "believe", "plan", "estimate", "expect", "potential", "target", "budget", "propose" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof.

本新闻稿包括加拿大证券法和美国证券法所指的 “前瞻性陈述” 和 “前瞻性信息”(统称为 “前瞻性陈述”)。除历史事实陈述外,本新闻稿中包含的所有陈述均为前瞻性陈述,包括但不限于有关债券和总收益使用的陈述。前瞻性陈述包括预测、预测和预测,通常但并非总是通过使用 “预期”、“相信”、“计划”、“估计”、“期望”、“潜在”、“目标”、“预算”、“提议” 和 “打算” 等词语来识别,以及事件或结果 “可能”、“将”、“应该”、“可能” 或 “可能” 发生或实现等类似的表达方式,包括其否定词。

Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. These include assumptions regarding, among other things: general business and economic conditions. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include those described under the heading "Risks and Uncertainties" in the Company's most recently filed MD&A (a copy of which is available under the Company's SEDAR profile at ). The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.

前瞻性陈述基于许多假设和估计,尽管管理层根据公司运营的业务和市场认为这些假设和估计是合理的,但本质上会受到重大的运营、经济和竞争不确定性、风险和突发事件的影响。除其他外,这些假设包括关于一般商业和经济状况的假设。无法保证前瞻性陈述会被证明是准确和实际的结果,未来的事件可能与此类陈述中的预期发生重大差异。可能导致实际业绩与公司预期存在重大差异的重要因素包括公司最近提交的 MD&A 中 “风险和不确定性” 标题下描述的因素(其副本可在公司的 SEDAR 概况下查阅 )。除非根据适用法律,否则公司不承诺更新或修改任何前瞻性陈述。

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