Agent OCMX sells 5 million shares at C$6.60 apiece through offering
By Devika Patel
Knoxville, Tenn., July 18 – GreenBank Capital Inc. said that its subsidiary GreenCoinX Inc. plans a C$33 million private placement of stock. P2P Financial Inc. is the agent, doing business as OCMX.
The company will sell 5 million common shares at C$6.60 per share.
Proceeds will be used for marketing, software and hardware expenses and working capital, all designed to launch the GreenCoinX cryptocurrency on a worldwide basis.
The Toronto company offers a cryptocurrency requiring user identification.
| Issuer: | GreenBank Capital Inc.
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| Issue: | Common stock
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| Amount: | C$33 million
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| Shares: | 5 million
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| Price: | C$6.60
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| Warrants: | No
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| Agent: | OCMX
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| Pricing date: | July 17
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| Stock symbol: | CSE: GBC
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| Stock price: | C$0.18 at close July 15
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