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TORONTO, ON / ACCESSWIRE / July 12, 2021 / GreenBank Capital Inc. (CSE:GBC)(OTC PINK:GRNBF)(FRA:2TL) (“GreenBank” or “the Company”) announces that the Board of GreenBank (“the Board”) is proactively exploring the adoption of Automatic Securities Disposition Plans (“ASDP”) for its Directors in the light of recent Canadian Securities Administrators (“CSA”) guidance set forth in its December 10, 2020 Staff Notice 55-317 concerning the topic of best practices for ASDPs. Typically, an ASDP is an arrangement between an insider and a dealer or a plan administrator that involves the trading in securities of an issuer over a predetermined period and in accordance with a predetermined set of instructions for the purposes of good corporate governance, transparency, and to provide a legitimate mechanism for trading by an insider who is subject to the plan.
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