Home Financial Markets Penny Stocks This Is The Reason For The Upward Movement In GreenBank Capital (GRNBF)...

This Is The Reason For The Upward Movement In GreenBank Capital (GRNBF) Stock

The shares of GreenBank Capital Inc. (OTCMKTS: GRNBF) continued the rally for the 5th consecutive session on Tuesday. The GRNBF stock ended the session +76.41% higher at $0.7247. Last Wednesday, the GreenBank stock began climbing and has gained more than 146% of the value over the week. The news that GreenBank has bought a significant amount of stock in a mining company drove the rally.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

How GreenBank made investment?


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


The GreenBank is a cutting-edge merchant bank that sports a flexible overhead structure to maximize profits while being low in cost. GRNBF management is accustomed to working globally, regardless of physical location, through its offices in Toronto, Dallas, New York, London, and San Francisco.

Read More

During and after COVID19, GreenBank enhances its role as a global merchant bank with its model of remote working, dynamic space, and flexible contracts. In its strategic investments, GRNBF focuses on investing in undervalued, exponentially growing companies with the aim of helping its shareholders build consistent capital appreciation.

Last Week, GreenBank Capital announced that it had reached an agreement to purchase an initial 1 million St-Georges Eco-Mining Corp (“SX”) common shares from a large St-Georges shareholder.

  • For the SX shares, 1,444,444 Greenbank common shares were subscribed for at a price of C$0.45 apiece as well as 722,222 three-year warrants to buy GreenBank shares at a price of C$0.50 apiece.
  • The closing price of the SX share on the 10th March 2021 of C$0.65 is the price per share being paid by GreenBank.
  • These transactions will form part of GreenBank’s previously announced non-brokered private placement of C$4.5 million.
  • In addition to acquiring St-Georges shares in the initial transaction, GreenBank Capital has the right to acquire additional SX shares as well.
  • These 500,000 additional shares of the SX common stock to be made available will be priced at the closing price of SX stock on 30 September 2021, up to a minimum price of C$0.50 per SX common share.

    Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

  • These additional shares would be purchased by issuing new GreenBank common shares at the closing price on 30th September 2021 and will be subject to a minimum price of C$0.45.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Onesmart International Education Group Ltd. (ONE) stock surges during current market. What’s driving it high?

Onesmart International Education Group Ltd. (NASDAQ: ONE) stock gains by 111.86% in the current market trading session. OneSmart International Education is a major Chinese...

LivePerson Inc. (LPSN) stock plunge during pre-market. What’s driving it low?

LivePerson Inc. (NASDAQ: LPSN) stock gained by 0.86% at last close whereas the LPSN stock declines by 9.39% in the pre-market trading session. Through...

The Clorox Company Ltd. (CLX) stock decline during pre-market. Here’s the recent update

The Clorox Company Ltd. (NASDAQ: CLX) stock gained by 0.17% at last close whereas the CLX stock price fell by 11.59% in the pre-market....

IT Tech Packaging Inc. (ITP) stock gains during pre-market. Here’s what’s happening?

IT Tech Packaging Inc. (NASDAQ: ITP) stock gained by 7.53% at last close while the ITP stock price rises by 2.04% in the pre-market...

Why did The9 Limited (NCTY) stock turnaround in the after-hours on Friday?

The9 Limited (NCTY) shares gained 6.87% in after-hours on Friday, July 30, 2021, and closed the weekly trading at $11.98 per share. in the...

Onesmart International Education Group Ltd. (ONE) stock surges during current market. What’s driving it high?

Onesmart International Education Group Ltd. (NASDAQ: ONE) stock gains by 111.86% in the current market trading session. OneSmart International Education is a major Chinese...

OneConnect Financial Technology Inc. (OCFT) stock plunge during current market. Here’s what you should know.

OneConnect Financial Technology Inc. (NASDAQ: OCFT) stock declines by 22.12% in the current market trading. In China, OneConnect is the most popular technology-as-a-service platform...

Invitae Corporation Inc. (NVTA) stock surge during current market. Here’s the update:

Invitae Corporation Inc. (NASDAQ: NVTA) stock gains by 12.35% in the current market trading session. Invitae Corporation is a prominent medical genetics business whose...

Related News

What Caused The Sino United Worldwide (SUIC) Stock To Drop 50%?

In the last session, the price of Sino United Worldwide Consolidated Ltd (OTCPink: SUIC) spiraled -50.82% to $5.4000. During the session, Sino United's stock...

On What Basis Did HIRU Stock Rise 43%?

Hiru Corp stock blasted into the green at the previous close, rising 43.00% to $0.0143. Volume was 65.87 million against 30-day Average Volume...

Is There Any Reason As To Why The BIGG Digital (BBKCF) Stock Expanded By 30%?

A share of BIGG Digital Assets Inc (OTCQX: BBKCF) rose 30.78 at yesterday's close, to $1.4670. There was an increase in volume of BIGG...

Why Has The Ascot (AOTVF) Stock Price Gained 20%?

The stock of Ascot Resources Ltd (OTCQX: AOTVF) gained significantly as it increased by 20.50% to $0.8858 at last close. The Ascot stock price...

How Does The KinerjaPay (KPAY) Stock Price Increase By 454%?

The payment gateway and eCommerce company KierjaPay Corporation (OTCPink: KPAY) closed Tuesday's trading session at $0.0122, up 454.55%, and has been trading in a...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam