VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 22, 2011) - Greenscape Capital Group Inc. ("Greenscape") (TSX VENTURE:GRN) - Further to our news release dated September 13, 2011, Greenscape is pleased to announce that it has received approval from the TSX Venture Exchange for the settlement of debt in the aggregate amount of $271,691 owed to three creditors. The debt will be settled by way of the issuance of 1,358,455 common shares in the capital of Greenscape at a deemed price of $0.20 per common shares.
To clarify our news release of September 13, 2011, all of the common shares issued in settlement of debt will be subject to a hold period expiring on January 20, 2012.
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
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.
Contact Information:
Mark Devereux
CEO and Director
1-604-687-7130
info@greenscapecapital.com
www.greenscapecapital.com
KIN communications
Investor Relations Contact
Toll Free: 1-866-684-6730
ir@kincommunications.com