Brief: Greenbriar Capital Corp Announces Joint Venture

Greenbriar Sustainable Living

16/10/2018 05:07

Oct 16 (Reuters) - Greenbriar Capital Corp  GRB.V :
    * DGAP-NEWS: GREENBRIAR CAPITAL CORP ANNOUNCES JOINT VENTURE
    * GREENBRIAR CAPITAL- HAS FORMED JOINT VENTURE WITH CAPTIVA
VERDE
LAND CORP TO CO-DEVELOP ITS 1,100 LOT RESIDENTIAL REAL ESTATE
PROJECT IN CALIFORNIA
    * GREENBRIAR CAPITAL  - CAPTIVA HAS JUST ISSUED 10.7 MILLION
OF 
SHARES TO CO, WILL INCUR ALL OF DEVELOPMENT COSTS TO EARN 50%
INTEREST IN AND TO PROJECT
    * PROJECT HAS A CAPITAL COST OF US$350 MILLION AND PROFITS
WILL BE
SPLIT 50/50 BETWEEN BOTH PARTIES

Source text for Eikon:  ID:nEQc8bbf7a 
Further company coverage:  GRB.V 

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