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Greenbriar Sustainable Living Inc GEBRF


Primary Symbol: V.GRB

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

Post by tylerreddickon Aug 31, 2024 3:11pm
722 Views
Post# 36204164

Does this make any sense to anyone?

Does this make any sense to anyone?" During the year ended December 31, 2023, the Company agreed to terms of an arrangement with Paul Morris, Independent Head of Sales for Sage Ranch, whereby the Company obtained an option to acquire an additional 76 acre feet of water rights for consideration equal to US$1.077 million. "

So GRB shareholders paid another million bucks to an insider for an "option" to buy his water rights. I wonder what the price of the actual water is? Where are the details? I don't see it in the 2023 annual report, has anyone seen it?
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