GBC newsGreenBank Comments on Flawed Minfocus Management Circular This news release is not for distribution or dissemination in the United States of America Toronto, Ontario (FSCwire) - GreenBank Capital Inc. (CSE: GBC and OTCMKTS:GRNBF and FRA; 2TL) ("GreenBank or the Company") notes that the directors of Minfocus Exploration Corp (TSXV:MFX) (Minfocus) have distributed their Management Information Circular (Circular) to Minfocus shareholders for the shareholders meeting to beheld on September 17, 2018. In GreenBanks opinion, the Circular is significantly flawed and does not properly address theconcerns identified by GreenBank regarding the irresponsible and non-commercial transactions that Minfocus directors haveattempted to conclude. The actions of the Minfocus directors since Kenneth de Graaf was appointed CEO of Minfocus have resulted in acollapse of the Minfocus share price from $0.17 on January 19, 2018 to $0.035 as at close of trading on August 28, 2018, adecline of about 80% (after the 1 for 7 share consolidation). The Circular makes no mention of the Minfocus directors attempt to complete a highly dilutive private placement atbetween $0.055 and $0.06, which they announced on August 10, 2018 would be completed by the Minfocus shareholders Record Date ofAugust 17, 2018. The Circular does not address the fact that the proposed Minfocus acquisition of insider and Advisory Board MemberFrancis Manns (Manns) interest in the New Coral project, is a not a commercial transaction. There is no commercial reason forMinfocus to acquire a further New Coral interest for $394,500, due to the fact that if Minfocus does not spend another $550,000in exploration expenditures on the New Coral project by September 30, 2018 then Minfocus will default under the option agreement.As Minfocus has no cash, it is unable to meet its option commitments, and will likely default. The New Coral property would thenrevert back to the option holders, with Minfocus only retaining its existing 20% interest. The Minfocus directors want to createa New Control Person in Manns, in exchange for Manns interest in New Coral which will almost immediately become worthless. In GreenBankss view, it is clear that Minfocus directors are acting in concert with Mann to effect a change of control ofMinfocus to their benefit and to the detriment of the present Minfocus shareholders. The Minfocus shareholders meeting providesan opportunity for Minfocus shareholders to vote against the Manns transaction, and also to vote to remove the current Minfocusdirectors. The former CEO of Minfocus, Gerald Harper, has filed a Shareholders Requisition and nominated three new directors to replaceall the current directors of Minfocus. GreenBank intends to support the slate of directors nominated by Gerald Harper, andGreenBank will vote for these nominees at the Minfocus shareholders meeting. Sadly there are too many examples of public company directors acting in their own interests at the expense of shareholdersinterests, and when an egregious situation like Minfocus occurs it is up to shareholders to take action and vote to remove thosedirectors, GreenBank CEO Daniel Wettreich comments. About GreenBank GreenBank is a merchant banking business listed on the Canadian Securities Exchange (trading symbols CSE: GBC andOTCMKTS: GRNBF and FRA: 2TL), and is included in the CSE Composite Index. GreenBanks 100% subsidiary GreenBank Financial Inc. isa merchant bank. GreenBanks portfolio companies comprise equity investments in 16 small cap businesses, namely; 52% ofBlockchain Evolution Inc, owners of the worlds first identification based blockchain, and developers of Xbook a userpermissioned and revenue sharing social media platform; 15% of Ubique Minerals Limited, a zinc exploration company inNewfoundland, Canada; 50% of GBC Grand Exploration Inc, a gold exploration company in Newfoundland, Canada; 100% of MedikBlockchain Inc, providing blockchain based medical confidentiality systems to the healthcare community; 100% of CannabisBlockchain Inc, developers of a digital information management system for the cannabis industry; 19% of Kabaddi Games Inc,developers of a mobile application game based on the sport of Kabaddi; 100% of North America Veterans Insurance Services Inc, aninsurance agency holding company; 19% of Inside Bay Street Corporation, a financial news communications company; 10% of GanderExploration Inc, a minerals exploration company in Newfoundland, Canada; 10% of Reliable Stock Transfer Inc, a Canadian small captransfer agency; 15% of Buchans Wileys Exploration Inc, a minerals exploration company with interests in Newfoundland, Canada;10% of The Lonsdale Group LLC, a USA based private equity company focused on small cap investments; 100% of Expatriate AssistanceServices Inc, providing relocation services to expatriates; 14% of Slabdeck Technology Inc, developers of a search mobileapplication; 12% of KYC Technology Inc, owners of a worldwide online 24-hour Know Your Customer identification verificationprocess; and 18.25% of Minfocus Exploration Corp (TSXV: MFX), a mineral exploration company; For more information please see https://www.GreenBankCapitalinc.com or contact Daniel Wettreich at (647) 931 9768 or byemail dw@GreenBankCapitalinc.com Forward-Looking Information: This press release may include forward-looking information within themeaning of Canadian securities legislation, concerning the business and trading in the common stock of GreenBank Capital Inc.,the raising of additional capital and the future development of the businesses comprising GreenBanks investment portfolio. Theforward-looking information is based on certain key expectations and assumptions made by the company's management. Although thecompany believes that the expectations and assumptions on which such forward-looking information is based are reasonable, unduereliance should not be placed on the forward-looking information because GreenBank can give no assurance that they will prove tobe correct. These forward-looking statements are made as of the date of this press release and GreenBank disclaims any intent orobligation to update publicly any forward-looking information, whether as a result of new information, future events or resultsor otherwise, other than as required by applicable securities laws. Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for theadequacy or accuracy of this release. 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