Vancouver, British Columbia, June 30, 2022 - Greenbriar Capital Corp. (TSXV: GRB) (OTC: GEBRF) (“Greenbriar” or the “Company”) announces that its board of directors has approved amendments to the Company’s 10% “rolling” stock option plan (the “Option Plan”).  The amendments have been made to reflect recent amendments to TSX Venture Exchange policy 4.4 governing security based compensation.

The Option Plan, as amended, was approved by the Company’s shareholders at the annual general meeting held on June 15, 2022.

The Option Plan allows the board of directors to grant up to 10% of the outstanding common shares of the Company from time to time.  The Option Plan is intended to enable the Company to attract and retain qualified personnel in a competitive marketplace and to encourage equity participation among persons who are directors, officers, employees and consultants of the Company, or its affiliates, or who are providing services to the Company or its affiliates.

About Greenbriar Capital Corp.

Greenbriar is a leading developer of renewable energy and sustainable real estate. With long-term, high impact, contracted sales agreements in key project locations and led by a successful, industryrecognized operating and development team, Greenbriar targets deep valued assets directed at accretive shareholder value.

ON BEHALF OF THE BOARD OF DIRECTORS

"Jeff Ciachurski"

Jeffrey J. Ciachurski
Chief Executive Officer and Director
Phone: 949.903.5906
Fax: 604.608.9572
www.greenbriarcapitalcorp.ca

Neither 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.