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Greenscape Closes $200,000 Second Tranche Financing


Published on 2011-10-21 14:41:48 - Market Wire
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October 21, 2011 17:38 ET

Greenscape Closes $200,000 Second Tranche Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 21, 2011) - Greenscape Capital Group Inc. (TSX VENTURE:GRN) ("Greenscape") is pleased to announce it has closed a second tranche of its private placement financing announced on August 23rd, 2011 by issuing 1,212,122 common shares at $0.165 per common share for total gross proceeds of $200,000. All securities issued pursuant to this second tranche are subject to a hold period expiring February 22, 2012. No finder's fees were paid.

About Greenscape

Greenscape Capital Group increases environmental sustainability, social responsibility, and profitability of companies and their operations. Greenscape is focused on dramatically increasing the profitability of commercial facilities through enhanced energy efficiency and environmental best practices. When opportunities arise, Greenscape also invests in other companies that operate in the environmental space, providing strategic capital and business advisory services to assist companies in achieving their environmental and corporate goals. [ www.greenscapecapital.com ]

ON BEHALF OF THE BOARD

Mark Devereux, CEO and Director

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding certain future events. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.



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