Greenbriar Capital Corp $6 million private placement

             Greenbriar Capital Corp $6 million private placement

PR Newswire

NEWPORT BEACH, CA, Dec. 12, 2013

NEWPORT BEACH, CA, Dec. 12, 2013 /PRNewswire/ - Greenbriar Capital Corp.
(TSX.V: GRB) (OTC: GEBRF) is pleased to announce that it has initiated a
non-brokered private placement of 2,500,000 units (the "Units") at a price of
$2.50 per Unit. Each Unit is comprised of one common share and one half of
one share purchase warrant. Each whole warrant entitles the holder to acquire
one additional common share in the capital of the Company at a price of $3.00
per whole warrant for a period of 24 months from the date the Warrants are
issued.

In addition, the Company may pay a finder's fee comprised of a cash commission
equal to 6%  of the  proceeds invested by  certain investors  and 6%  finder's 
warrants (the  "Finder's Warrants")  entitling the  finder to  acquire  common 
shares in the  capital of  the Company at  a price  of $3.00 per  share for  a 
period of 24 months from the date  that the Finder's Warrants are issued.  The 
Warrants and Finder's Warrants will not  be listed for trading. The  placement 
will occur in tranches of between $250,000 to $2,000,000.

Use of  the  funds  will be  to  complete  all of  the  remaining  development 
milestones needed for financial  close for both the  80 MW Blue Mountain  Utah 
wind energy facility and the 100 MW Puerto Rico solar facility, new  accretive 
power acquisitions, acquire additional land holdings and repayment to  Alterra 
Power Corp. of the $1,250,000 PPA  acquisition facility of which $250,000  has 
already been repaid.

About Greenbriar Capital Corp.

Greenbriar Capital  Corp.  is a  leading  developer of  renewable  energy  and 
sustainable real  estate projects.  With long-term,  high impact,  contracted 
sales agreements in  key project locations  and led by  a successful  industry 
recognized operating  and  development  team, Greenbriar  targets  deep  value 
assets directed at adding significant accretive shareholder value.

ON BEHALF OF THE BOARD OF DIRECTORS

"SIGNED"

Jeffrey J. Ciachurski
President, Chief Executive Officer and Director

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 release.

Certain  statements  in   this  press   release  constitute   "forward-looking 
statements" under applicable securities laws, which involve known and  unknown 
risks, uncertainties and  other factors that  may cause actual  results to  be 
materially different  from any  future  results, performance  or  achievements 
expressed  or  implied   by  such  statements.   Words  such  as   "expects", 
"anticipates", "intends",  "projects", "plans",  "will", "believes",  "seeks", 
"estimates", "should",  "may",  "could",  and variations  of  such  words  and 
similar expressions are intended to identify such forward-looking  statements. 
These statements are  based on management's  current expectations and  beliefs 
and actual events or  results may differ materially.  There are many  factors 
that could cause such  actual events or results  expressed or implied by  such 
forward-looking statements  to  differ  materially  from  any  future  results 
expressed or implied by  such statements. Such factors  include, but are  not 
limited to the state of the Company's business activities and various  factors 
discussed in the Company's annual  report filed with securities regulators  in 
Canada. Forward-looking statements are based on current expectations and  the 
Company assumes  no obligation  to update  such information  to reflect  later 
events or developments, except as required by law.

SOURCE Greenbriar Capital Corp.

Contact:

Jeff Ciachurski, Chief Executive Officer
Greenbriar Capital Corp.
Phone: 949.903.5906
Email:jciachurski@greenbriarcapitalcorp.com
 
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