Greenbank Capital Inc (OTCPK:GRNB.F) agreed to acquire remaining 81% stake in Veterans Financial Group LLC for CAD 0.44 million on December 20, 2017. Under the terms of the agreement, Greenbank Capital will issue 0.26 million shares at a price of CAD 1.59 per share. Upon closing GreenBank will own 100% of Veterans. The transaction is subject to minority shareholders’ approval from Greenbank. The directors of the Greenbank have unanimously approved the acquisition. A special committee established by the board of directors and consisting of an independent director ensuring the transaction is fair and reasonable under few circumstances. Greenbank Capital Inc (OTCPK:GRNB.F) completed the acquisition of remaining 81% stake in Veterans Financial Group LLC on January 12, 2018.