Greenscape Capital Group Inc.

Greenscape Capital Group Inc.

June 23, 2011 19:00 ET

Greenscape Issues Shares for Services

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 23, 2011) - Greenscape Capital Group Inc. ("Greenscape") (TSX VENTURE:GRN) announces that it has issued 84,210 common shares, at a deemed price of $0.19 per common share, to Christopher Mark Devereux, its Chief Executive Officer, in consideration of services provided to the Company in lieu of fees. The deemed price per share was the closing price on June 1, 2011, the date immediately after which the services were provided.

The shares were issued pursuant to the terms of a consulting agreement and are subject to a four-month hold period from the date of issue. They will become free trading as of October 22, 2011.

Greenscape now has 47,097,892 common shares issued and outstanding.

About Greenscape

Greenscape Capital Group increases environmental sustainability, social responsibility, and profitability of companies and their operations. Greenscape Capital is focused on dramatically increasing the profitability of commercial facilities through enhanced energy efficiency and environmental best practices. When marked 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.


Bryan Slusarchuk, Director

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements. 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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