Greenbriar Confirms Sage Ranch Development Kick-off In April 2024 Amid Disputes

Scottsdale, Arizona-based Greenbriar Sustainable Living Inc. (TSXV: GRB) (OTC Pink: GEBRF), a prominent developer in sustainable real estate and renewable energy, has confirmed its plans to commence construction on the Sage Ranch project in April 2024. Despite ongoing disputes with the TCCWD and the city, Greenbriar assures that these issues will not delay the project's timeline. The company has secured all necessary deeded water rights and has received full approval from the city council for the Water Supply Assessment (WSA).

Throughout negotiations with the TCCWD, it was clarified that their concerns were not with Sage Ranch itself but with potential future permits issued by the city. Greenbriar highlighted that the TCCWD's attempts to influence land planning exceed its legal authority. Moreover, the company pointed out a conflict of interest within the TCCWD, noting that its directors benefit from selling unused deeded water rights to agricultural companies.

Adding to the controversy, Greenbriar disclosed an attempted purchase of a portion of Sage Ranch by the current president of the TCCWD board in 2017, which was declined by Greenbriar. This refusal has led to further tensions between the two entities.

Greenbriar Capital Corp is recognized for its focus on developing assets that contribute positively to shareholder value through sustainable and renewable projects. Led by CEO and Director Jeffrey J. Ciachurski, the company is committed to advancing its portfolio of high-impact projects.

The TSX Venture Exchange and its Regulation Service Provider have not reviewed this release and therefore do not endorse its content. This announcement includes forward-looking statements regarding future projects and financial strategies. These statements are based on current expectations and projections about future events and are subject to risks, uncertainties, and assumptions about Greenbriar Capital Corp.

It is important for investors to note that actual outcomes may differ significantly from what is projected in forward-looking statements due to various factors, including economic conditions and regulatory changes. Greenbriar does not commit to updating any forward-looking statements unless required by law.