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 Energy) and corporate headquarters located in Canada (Corporate). The Company is focused on building two large-scale projects, namely Sage Ranch in Tehachapi, California and Montalva in Guanica, Puerto Rico. Sage Ranch is a real estate community of over 995 entry-level homes in the Tehachapi Valley, a community located in southern California. Its Montalva property (1,747 acres) is a large utility-scale solar and battery storage building with an initial size of 80 MWac or 160 MWdc, located in the southwestern coastal area of Puerto Rico. Its Cordero Ranch property is located in Cedar City, Utah.

TSXV:GRB - Post by User

Greenbriar Sustainable Living Inc > revised water rights & PWR debt settlement

<< Previous

Bullboard Posts

Next >>

Comment by tylerreddickon Aug 31, 2024 9:18am

95 Views

Post# 36203883

RE:revised water rights & PWR debt settlement

" Pursuant to the terms and conditions of the water rights amendment agreement, Greenbriar USA may acquire the water rights for an aggregate price of $3.4-million (U.S.) plus the original reservation fee. "
=========================================================

So GRB shareholders are paying $4.4 million for 115 gross acre feet of water rights, or $38,260 per acre foot?
The City has been buying water rights for a small fraction of that amount, so why are GRB shareholders being made to pay such a high price?

<< Previous

Bullboard Posts

Next >>

FLYHT and WestJet partner on weather forecasting