Vancouver's Greenscape Capital Group Inc. (TSX-V:GRN) has completed a $2.4 million initial public offering on the TSX Venture Exchange.
The company, which focuses on investing in eco-friendly consumer-focused companies, offered 18% of the company to the public market, or approximately 4.8 million common shares at a price of $0.50 per share and began trading October 23.
It presently has 26 million common shares issued and outstanding, valuing the company at $13 million
Greenscape provides strategic capital and business advisory services to companies providing environmentally friendly products and services. It also operates an eco-consulting company, providing advice on how to make a company's operations more environmentally sustainable and socially responsible.
Its current investment portfolio includes wholly-owned subsidiaries Lela Designs and Contemporary Organic Products as well as minority equity interests in Open Sundaes and SheFinds Media.