Scottsdale, Arizona – Newsfile Corp. – July 10, 2026 – Greenbriar Sustainable Living Inc. (TSXV:GRB)(OTC Pink: GEBREF) (“Greenbrier” or the “Company”) is pleased to announce that the Company has commenced the following pre-closing activities:
Greenbrier is pleased to announce that it has acquired the required 267 acre-feet of deeded water rights for Sage Ranch. In addition to Greenbrier owning the water directly, Paul Morris has put his 76 acre feet of water into an irrevocable escrow account, and Ronnie Strasser, who is under a binding contract with the company, will soon enter into an irrevocable escrow account.
Water use demand for Sage Ranch has declined significantly as a result of recent and accurate water consumption analysis conducted by the City over the past two years. This data accurately reflects the much smaller individual unit footprint of Sage Ranch’s 995 homes, compared to older analysis based on much larger older homes in the community prior to 2021.
Sage Ranch allows the city to provide new housing inventory to address the much-needed affordable new home shortage in the Southern California area. Sage’s market includes not only the immediate local area market, projected to house 600+ homes in FY 2025, but also the large aerospace and industrial community of nearby Antelope Valley in Los Angeles County, 33 miles away. SAGE is home to major employers such as Edwards Air Force Base, the US Air Force Test Center, Northrop Plant 42, (the new B-21 Raider) Space It is a 45-minute drive from. 35 miles to the west is the Greater Bakersfield area, the center of California’s agricultural and petrochemical industries. The city provides new homes to these dynamic employers, and Sage is at the center of this effort, literally and figuratively.
Sage Ranch is an environmental showcase because of its unique location. No vehicle is required to get to school (all three schools; high, middle and elementary schools border Sage Ranch on three sides) and the downtown retail and tourism center is a five-block walk.
Sage Ranch will bring over $260 million of new construction to the city over 7 years, providing millions of dollars in taxes and city fees over the lifetime of the project. Its impact is substantial and its importance is significant.
Greenbrier will now work to concurrently close the construction loan for all improvements and construction of the first phase of the first 144 homes, with our General Contractor, Richard Phillips Homes, Inc., to begin the physical improvements. will seek the best quality final bids from the subtrade through; And apply to the city for the full range of permits needed to construct improvements starting with grading, curbs and gutters, wet and dry utilities, sidewalks and streets. Greenbrier provided comprehensive engineering documentation to the city in 2024.
on 7th Julyth2026, the Company re-executed the mandate agreement with its project finance lender to finance the construction, subject to industry standard and customary closing conditions.
About Greenbriar Sustainable Living Inc.
Greenbrier is a leading developer of sustainable real estate and renewable energy. Led by long-term, high-impact projects and a successful industry-recognized operations and development team, Greenbrier targets deeply valued assets directed at accretive shareholder value.
From the Board of Directors
“Jeff Sciachurski“
Jeffrey J. Siachurski, CEO and Director, 949-903-5906
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 release.
This news release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable Canadian securities laws and United States securities laws (together, “forward-looking statements”). All statements contained in this news release, other than statements of historical fact, are forward-looking statements, including, without limitation, any financial projections or sales numbers.
Forward-looking statements are based on a number of assumptions and estimates that are believed by management to be reasonable based on the business and markets in which the Company operates, but are inherently subject to significant operational, economic and competitive uncertainties, risks and contingencies. There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events may differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A, a copy of which is available under the Company’s SEDAR+ profile. The Company does not undertake to update or revise any forward-looking statements except in accordance with applicable law.
The issuer is solely responsible for the content of this announcement.
