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News Focus
C.GRCM | 5 hours ago VANCOUVER, BC, June 7, 2024 – Geologica Resource Corp. (CSE:GRCM, FSE:862 ) (“Geologica” or the “Company”) is pleased to announce the closing of its previously announced financing and property acquisition. The Company intends to issue 4,301,450 Units at $0.035 per unit for total proceeds of $150,550 (the “Units”) each Unit consists of a share and a whole warrant. Each warrant may be exercised for 1 (one) share for 2 (two) years from closing for $0.05. A warrant holder must exercise the Warrant, within 30 days of the shares of the Company trading at a 20 day VWAP of $0.20 or greater once the 4 month statutory hold has expired. The Company paid finders fees of $10,928 and issued 312,229 finders warrants. The warrants have the same terms as above. The proceeds of the financing will be used for exploration work and general administration. In a sperate transaction the Company issued 2,000,000 shares to complete the acquisition of the Topley West Property as announced March 28, 2024. The Company has also issued 100,000 shares at a deemed price of $0.045 to settle outstanding debt with an unrelated party. The securities issued under the financing will be subject to restrictions on resale for 4 (Four) months and a day, pursuant to applicable Canadian securities laws and the rules of the Canadian Securities Exchange. TOPLEY LANDING PROJECT TOPLEY LANDING PROJECT The claims to be explored at Topley Landing are overlapped by Lake Babine Nation (LBN) traditional territory; In consultation with the Lake Babine Nation, Geologica has been granted access to Topley for completion of an IP survey; Geochemistry has identified high priority exploration target areas and kilometer-scale VMS target areas; The region is known for its large porphyry, copper/gold, and copper/molybdenum deposits including the on-trend past-producing Granisle and Bell copper mines; American Eagle Gold Corp. has discovered a copper deposit on trend with Topley; The property is located in central BC, is road accessible and cost effective to explore year round BC Hydro power lines transect the property and several water sources are available on the property; Rail Access to tide water is only 40km away; Porphyries contain the largest reserves of Copper and close to 50% of gold reserves in BC; Topley Property consists of 11 mineral claims totaling 4,216 Ha with six known prospects and showings. About Geologica Resource Corp. Geologica Resource Corp. is a mineral explorer, building shareholder value through the acquisition of projects with significant technical merit. The Company has an option agreement and a purchase agreement for 100% of the mineral claims known as the Topley Project, located in central British Columbia. Further information on Geologica Resource Corp. can be found on the Company’s website https://geologicaresource.com/ and on SEDAR at https://www.sedarplus.ca Doug Unwin President & CEO (604) 762-5355 doug.unwin@geologicaresource.com Forward-Looking Statements This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as “plan”, “expect”, “ensuring”, “believe”, “anticipate”, “will”, “would” and other similar words, or statements that certain events or conditions “may” or “will” occur. In particular, this news release contains forward-looking information pertaining to the Company’s plans and objectives with respect to the Topley Project. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, failure to obtain all necessary regulatory approvals, risks and uncertainties inherent in the exploration and development of mineral properties, and other risk factors set forth in the long-form prospectus of the Company dated July 22, 2022 under the heading “Risk Factors”, a copy of which is available on the Company’s SEDAR profile at www.sedarplus.ca. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including, but not limited to, the assumption that general business and economic conditions will not change in a materially adverse manner. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws. Tags: INDUSTRIAL METALS & MINERALS 0 Related News @ the Bell: Resource stocks lift TSX 21 hours ago @ the Bell: How did markets react to the BoC rate cut? 1 day ago @ the Bell: TSX hits one-month low 2 days ago Recent U.S. Press Releases Geologica Closes Financing And Property Acquisition 5 hours ago INDUSTRIAL METALS & MINERALS ADDITION OF NEW COPPER CLAIMS AT TOPLEY PROJECT April 18, 2024 INDUSTRIAL METALS & MINERALS Xcyte Digital Corp. Purchases Assets of A+ Conferencing April 3, 2024 TECHNOLOGY More Press Releases » Featured News Links Flow Test and Laboratory Analysis Confirm a Major New HELIUM Discovery in Minnesota This Small-Cap Gold Stock Keeps Notching Up High-Grade Gold in Nevada Thematic Insights: Free Podcast Exploring Market Trends & Emerging Sectors Get the latest news and updates from Stockhouse on social media facebook twitter linkedin Follow STOCKHOUSE Today (click to learn more)
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Bullboard - Stock Discussion Forum Greenbriar Sustainable Living Inc V.GRB

Alternate Symbol(s):  GEBRF

Greenbriar Sustainable Living Inc. is a developer of sustainable entry-level housing and renewable energy projects. The Company’s primary business is the acquisition, management, development, and possible sale of real estate and renewable energy projects. It operates through three segments: real estate development in the United States (Real Estate), solar energy projects in Puerto Rico (Solar... see more

TSXV:GRB - Post Discussion

View:
Post by JefffCEO on Oct 06, 2022 4:59pm

Reply to Shneps

This is my reply to Shneps defamation.

Shneps starts in black ink, My first response is in yellow, Shneps reply is in green and my counter response in hot pink

RE:More defamation from Shneps within only 20 minutes
My comments in green.

1. What have the parties actually "come to consensus on" related to the Montalva project moving forward? Defined.
 
PREPA and Greenbriar are in a strict NDA and the public will know the details once PREPA agrees to make it public. I know what the consensus is, and that is why there is a trading black-out.

Fair enough response although the blackout period NR stated it was for far more then just one announcement. It was just an unfortunate thing that Clifford Webb and Bill Sunderland bought shares during the blackout period I guess.

There is no securities prohibition against exercising options duringa blackout. The blackout is for more than one event, but the PREPA settlement is certainly subject to a blackout
 
Note: The Costa Sur Unit #5 recently came back on line adding an additional 200MW of electricity to an already overloaded/unstable transmission system. The transmission line that Montalva is to "tap" directly into is budgeted for $90M in upgrades with studies beginning in 2023.
 
That line can accomodate Montalva right now and the upgrades are for increasing capacity much beyond Montalva. What is your point?

Your own studies stated the line was not good and lacked capacity therefore you wanted to run a new transmission line at a significant cost. You had even acquired the land lease agreements from the government to do so. Why spend $15M-$20M of an unneeded expense if it wasn't necessary. It will take a long time before that new line becomes operational (if or when it happens). That's is my point.

Shneps, you do not have access to confidential filings with PREPA and PREB and Luma. That does not give you an excuse to defame. But Still not relevant. We did not do an SIS. The SIS was done by S&L who was hired by both PREPA and Luma. Their study showed 115 MVA available. PREPA approved us to to use 80MW. We agreed. Nothing has changed. The right of way was bought because PREPA originally wanted us to build the expansion of the line beyond our 80MW and agreed to reimburse us at an acceptable ROI. No longer needed with Fed money. We asked for 230 MWac from a 460 MWdc plant with batteries. Still, the existing line is good for the 80MW. You make no valid point. You read things that have long time changed and you do not read the extensive PREB filings from an electrical engineer on the fact the 80MW is there for us. The fight is long over and the denial of such is long over. The 80 MW for us is there for Montalva. Yes, the poles are old and a new transformer is needed but nothing outside a normal 80 MW budget.
 
2. Why has Ronnie Strasser (Phantom Developments) not been disclosed as having substantial influence and ownership over the 5 acre parcel (purchased from the City) and the 28.75 acre located north of W. Valley Blvd? Jeff Chiachurski and GRB have both stated these lands are part of the Sage Ranch lands known as the "property". 
 
Now you have defamed Ronnie Strasser. Ronnie or Phantom have zero influence over the 5 acres and Ronnie never purchased the 5 acres (that were never owned by Greenbriar ever) from the City. The 28.75 acres were never part of Sage Ranch, ever. It was never part of anything we did with the City. More defamation Shneps.

I guess Kern County records are fake. No problem.
As for the 28.75 acres GRB's MD&A states "The Sage Ranch Project" is comprised of the following parcels - 
The legal description of each parcel is as follows:
• Parcel 1 – APN 417-012-01 (approx. 32.97 acres)
• Parcel 2 – APN 417-012-28 (approx. 60 acres)
• Parcel 3 – APN 417-012-27 (approx. 20 acres)
• Parcel 4 – APN 417-012-25 (approx. 19.16 acres)
• Parcel 5 – APN 415-012-14 (approx. 28.75 acres)
Just fake news?

Nothing you show above shows Ronnie buying 5 acres from the City. Nothing. The 28 acres were never part of the filed Sage Ranch project for 995 homes since 2018. Sage Ranch came into effect in 2018 but we refer to it as the original land package from 2011. The City only wants the 995 lots on the land south of Valley Blvd, not the 28 acres. You emphatically defamed Sage and defamed its value and now you are complaining people are buying all around Sage. Maybe people do not have the same negative views as you. For a guy that hates me and hates Sage and hates Tehachapi, you are now concerned about land buyers outside of Sage Ranch. 
 
Note: Ronnie Strasser is documented as the shareholder purchasing the water rights from H Star Investments LLC.
Search under the following link - Strasser Ronnie, Strasser Sabrina, Greenbriar Capital US LLC, Jeff Ciachurski. (search under Grantor/Grantee) Lots of ownership changes but Jeff et al like doing this because each transaction is for more money. Shhh....

You are defaming Ronnie and saying I am doing unjust things to Greenbriar. You and anyone can buy water in Tehachapi. The price goes up daily. What you believe is worthless is the next minute your jealousy and your spin of me doing GRB wrong. That is defamation Shneps. Anyone can buy water rights and make money. You don't believe in Sage Ranch according to all your posts. Now you think I am hurting the company. You need to dislike me, fine, dislike GRB fine, dislike Sage fine, but now jealous of others who buy water rights and make a fortune, your problem. Nothing you say will stop the truth from being told. But what is your truth?
 
Full defamation here against you Shneppy. Any private person or corporation can buy water rights, you included. Each transaction is for more money?  Yes, the value of water keeps going up.  You are implying and you are accusing me here of self dealing in the context of your post.

My point is that Ronnie Strasser has been involved with those properties since 2017 and they have changed hands multiple times. Why? And they paid more for the properties each time. Why? Posters have been asking who bought water rights and I showed who bought water rights recently. My personal opinion is they are likely for the 28.75 acre property.

Your personal opinion is never correct, because according to you you have lost money with your opinions. Why the jealousy in someone else and in something you emphatically said will be a failure. Everyone is welcome to buy land and water next to Sage Ranch.
 
https://recorderonline.co.kern.ca.us/
 
3. On September 12th 2021 Sage Ranch received it's approval of a Master Development Plan.
As per the Tehachapi Zoning Code the Master Development Approval has now expired - "If the applicant fails to submit a precise development plan for the first increment within twelve months after approval of the final master development plan or fails to proceed with subsequent increments in accordance with development schedules as submitted, the master development plan shall be considered void and a new application for master development plan must be initiated in accordance with the procedures of this chapter."
 
The City has no problem accepting and fast tracking our PDP. You are saying our MDP is voided. Defamation again Shneps
I'm saying according to the City Zoning Code it has expired. This is a fact.
 
Note: The submittal of the PDP isn't expected for another 6-8 weeks and then an (8) week approval period + permitting, etc.. This has certainly blown the Q1 2022 out an entire year (and that's if they don't have to submit a new Master Development Plan)

The City Engineer has exercised his full legal discretion on the dates, and has no problem with the timing as he and our engineers work daily on fast tracking the PDP submission.
 
Nothing is blown out a full year. More defamation from Shneps.
Your reported official documents stated the full PDP would be received by Q1 2022. That was a fact (at the time) and you have stated the PDP will be submitted hopefully sometime in November with a 60 day approval period. 
That is Q1 2023. 
Why was stated to be expected in Q1 2022 and then delayed this long?

The City is fully committed to push Sage Ranch forward. You are not part of the process and have never entitled a 995 home project so you are not in a position to offer an opinion at all. You do not believe in Sage Ranch. he City does believe and is pushing the project forward with their discretionary authority.  For a guy who critized me, Sage, GRB, the City, Ronnie, Altus, Voya and all others you have defamed on Stockhouse, you have a fascination with me and my projects.
 
Comment by Hubbie87 on Oct 06, 2022 6:34pm
So much appreciation for a CEO that cares enough about shareholders and his company to take the time to correct what otherwise may persist as blatant errors and omissions on the board. It would really be mindless speculation if Jeff didn't fill in the gaps, like every other board. A benefit I have never experienced before.
Comment by SvenVandeBroek on Oct 06, 2022 7:20pm
Thank you Jeff for taking the time (again) to counter yet another set of Shneps' questions and his continuous brain farts... Your patience with Shneps is truly admirable and quite remarkable! After all, you've responded at so many occasions to his inquisitive, often arrogant and almost always confrontational-toned questions during the last 10 months or so.   Surely, you would have ...more  
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