Additional Information
Market: TSX-V
Sector: Cleantech and Renewable Energy
EPIC: GRN
Latest Price: C$0.05  (0,00%)
52-week High: C$0.23
52-week Low: C$0.04
Market Cap: C$2.72M
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Greenscape Capital Group
www.greenscapecapital.com

Greenscape Capital increases the environmental sustainability and social responsibility of our built environment through the development of sustainable facilities and the energy retrofitting of existing commercial facilities.  Greenscape offers a particular focus to the parking industry.

In November, 2010, Greenscape completed the building of the world's greenest parking facility, servicing the Denver International Airport, with operating partner Propark America. This industry-transforming development has been certified as a Demonstrator Site for the Green Parking Council and will serve as a model from which new and environmentally responsible parking facilities will be built in addition to the retrofitting of existing facilities throughout North America.

 

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Greenscape Capital to settle $1.3 million of debt for shares and warrants

11th Mar 2011, 4:32 pm

Greenscape Capital Group (CVE:GRN) said Wednesday it has agreed to settle roughly $1.3 million of debt in exchange for units priced at 25 cents per unit. 

Each unit consists of one common share and one warrant.   Each warrant, which expires two years from the issuance date, entitles the holder to acquire one common share at an exercise price of 30 cents per share.

The company did not say how many units it was issuing. 

The debt settlement supersedes the debt settlement plan the company announced on November 12.  Under that plan, the company had agreed to settle about $0.59 million of debt in exchange for units consisting of one common share and one-half of a warrant priced at 27.5 cents per unit.

The debt settlement is subject to approval of the TSX Venture Exchange.


Greenscape owns 81.2% of a fully operational $30.9 million parking facility in Denver.  The facility features solar and wind energy sources, geothermal heating and cooling, LED lighting, recycled asphalt, reflective roofing, porous pavement and recycled steel.

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