Greenscape Canopy Sets Second Consecutive Record Parking Level
Vancouver, B.C., - Greenscape Capital Group Inc. ("Greenscape") TSX‐V: GRN is pleased to announce that the Canopy Airport Parking Facility has set a second consecutive record for monthly total vehicle occupancy. Canopy saw its best monthly occupancy to date in June, with 76,554 vehicles parked. This record builds on last month's occupancy record, where Canopy saw 72,227 vehicles parked.
Greenscape also reports that it has submitted the June interest payment due to Maxam Opportunities fund. Maxam and Greenscape have agreed to an extension of the stay until a decision is made by the Court regarding the prepayment fee. A Court date to address the prepayment fee is currently scheduled in mid August.
Greenscape Capital Group is headquartered in Vancouver, British Columbia. The company's core asset is the Canopy Airport Parking Facility, a 4,200 space state-of-the-art parking structure servicing the Denver International Airport. Canopy is known as North America's Greenest Parking Facility, is certified as a Demonstrator Site for the Green Parking Council and operates up to 75% more energy efficiently than competing parking facilities, thereby increasing the company's bottom line. Greenscape seeks to maximize shareholder value by exploring new opportunities in the parking industry. For more information visit www.greenscapecapital.com.
ON BEHALF OF THE BOARD
"Rick Baxter" President and CEO
Greenscape Capital Group Inc.
Suite 700 – 510 West Hastings Street
Vancouver, British Columbia
Canada V6B 1L8
For Investor Relations Contact:
Benjamin Curry/Andrew Mugridge
T: (604) 559-5573
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Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. In particular, no assurance can be given that the Company will be able to locate loan financing to replace the Maxam loans on terms acceptable to the Company, or at all.