Greenbriar Sustainable Living Inc V.GRB

ALBERTA UPDATE

[JefffCEO]

All,

Answering a few emails and bloggers on this board regarding Alberta.

There is no dilution without major success first.

Payments of shares happen only when projects are completed under budget.

Only the Banks can approved the budget, so it not arbitrary.

The news release is clear.  There is 500,000 options @$1.50 and 100,000 shares for each

completed project, but the two million shares is released on a formula IF the projects are built

under a budget threshhold that save GRB millions of dollars. 

Any dilution in this deal massively accretive to GRB shareholders.

In terms of projects, they are all set and we will not release details because the business

is highly competitive and highly proprietary as to locations of interconnect, contracts and 

propertly locations.  Devon wisely uses strawmen to protect our confidential trade secrets, as he

should when any business is highly competive.  Shareholders will know project locations when

construction starts at each project.  Timing reveals queue postions and we will not compromise 

our advantage.  Devon has been in the Power Business in Alberta for a long time and 

has a very large network.  I met him through a famous Portfolio Manager who has been in my deals 

since 2008.  This was not an overnight story. 

Funding happens at the project level, not by issuing shares.

Definitely need Nostradamus to sell more shares.

JEFF CIACHURSKI

Chief Executive Officer

Greenbriar Capital Corp

Greenbriar Capital Holdco Inc

Greenbriar Capital (U.S.) LLC

Captiva Verde Land Corp

9 Landport 

Newport Beach 

California USA

92660

Direct: 949-903-5906

email: [e-mail]

www.greenbriarcapitalcorp.ca

CREATE. BUILD. GIVE

 

“Talent hits a target no one else can hit; Genius hits a target no one else can see.”

 

[Chedda1]

I have not had time to dig into this yet but I will  Locations are likely near Taber - the sunniest location in Canada.  AM also likley involved. 

[snootchybootchy]

I believe any power projects 10 MW or bigger requires approval from the AUC. The AUC lists current power projects seeking approval on their website.  So one can monitoring this space to see if something from Greenbriar pops up in the future. There appears to be one solar power project on this list right now. There are several wind power projects on the list though.

[snootchybootchy]

Another point of interest is that there is a carbon offset protocol available for project developers to use in Alberta (3rd protocol from bottom on the list of approved protocols). The grid displacement factor in Alberta is listed as 0.59 t CO2e/MWh. Assuming a solar project developed by Greenbriar is 50 MW in size with a conservative capacity factor of 0.2, the project would generate 51.7

[JefffCEO]

51,684 Metric tons per year offset for a 50MW project. 50MW x 8,760 hrs per year x 20% CF = 87,600 Mwh per year x 0.59 = 51,684

[snootchybootchy]

Thanks Jeff, you're right.  There was a typo in my post but the dollar amount for selling the offsets is roughly correct -- about $2.5M annually once the price of carbon reaches $50/t CO2e by 2022. That is sweet.  Do you think you can get a project approved in Alberta by 2022?  My concern is that these protocols are periodically reviewed to ensure they still meet the criteria

[JefffCEO]

Very much much sooner than that ..... we have strawmen and strawwomen doing our work right now so as to be silent as to Greenbriar on the ground, not to alert our competitors...

[Chedda1]

Sure hope so - time to make hay.  Are we going to see an updated corporate presentation? 

[whoami2u]

Snootchybootchy/Jeff Thank you for bringing the carbon offset protocol to the forefront. It was refreshing to finally read something of substance on this board and it was important to help others understand the jurisdictional differences of an Alberta solar project compared to one from say Puerto Rico. Along that line, and since you were talking about the income these offsets would generate

[JefffCEO]

Whoami2u .. Prices much higher than you quoted. Good luck in your valuations. Not going to release confidential information. BTW - At Western Wind when the average wind contract was 2 to 3 cents, we were getting 11 to 12+ cents at the same time with new contracts.  Its all about the customer, their needs and your negotiation skill. Forget about selling at market rates into the pool. 

[whoami2u]

That's fine Jeff. No offence taken. I expected you to be tight-lipped. I was hoping you'd give a little insight into current market conditions and if the pool was being considered, and you did, so thank you for that. Keep doing what you're doing.

[Doctor90]

thanks jeff. Will keep adding and trust in your abilities!