(Marketwire) - Greenscape Capital Group Inc. ("Greenscape") (TSX VENTURE: GRN) is pleased to announce that it has arranged an institutionally-led, non-brokered private placement (the "Offering") to raise up to $5 million, subject to regulatory approval, for the completion of Green Park Denver LLC's 4,200 stall green parking facility servicing the Denver International Airport.

The Green Park Denver project is rapidly advancing, is substantially ahead of schedule and is slated for completion and operations in November 2010. Green Park Denver is being built as the world's greenest parking facility with solar and wind energy sources, geothermal heating and cooling, electric vehicle plug in stations and LED lighting incorporated into the design. The facility, a substantial asset on its own, will also serve as a model for multiple
future Green Park projects being targeted for construction throughout North America.

The project has a recently appraised value of $30,900,000 pre-cash flow, post construction and $41,600,000 upon stabilization (Cushman & Wakefield Appraisal).

The Offering is a Special Warrant financing comprised of up to 18,181,818 Special Warrants at a price of $0.275 per Special Warrant.

Each Special Warrant entitles the holder to receive, for no additional consideration, one unit ("Units"); each Unit consisting of one common share ("Common Share") of the Company and one-half of one common share purchase warrant ("Warrant"). Each full Warrant will entitle the holder to acquire one additional Common Share at an exercise price of $0.35 per share for a period of 24 months following the Closing Date. In the event the closing price of the Company's common shares on the TSX Venture Exchange is at least $0.75 for ten consecutive trading days (at any time following the earlier of (i) four months from the date of Closing, or (ii) the receipt for a final prospectus) the Company may reduce the remaining exercise period of the Warrants to not less than 30 days from the date of providing notice of the reduced exercise period.

The Company will use its commercially reasonable efforts to file a prospectus and qualify the distribution of the Units as expeditiously as possible following the close of the Offering. If a final receipt for a prospectus has not been received within 60 days following closing of the Offering, each Special Warrant will entitle the holder thereof to receive 1.1 Units (comprising 1.1 Shares and 0.55 of a Warrant).

Finder's fees may be payable to eligible persons with respect to the Offering and will be subject to regulatory approval.

Proceeds of the Offering are intended to be used to advance the final equity required to the Denver Project and provide general working capital.

To date, Greenscape has injected approximately $6.1 million in capital to the construction process. As previously announced, Denver Green Park LLC has also closed a US $8.5 million loan with Wells Fargo Bank, having a 3 year term and an all-in fixed interest of 5.45% per annum until maturity.

About Greenscape Capital Group

Greenscape Capital Group increases environmental sustainability, social responsibility, and profitability of companies and their operations. Greenscape Capital is focused on dramatically increasing the profitability of commercial facilities through enhanced energy efficiency and environmental best practices. When marked opportunities arise, Greenscape also invests in other companies that operate in the environmental space, providing strategic capital and business advisory services to assist companies in achieving their environmental and corporate goals. www.greenscapecapital.com

ON BEHALF OF THE BOARD

Bryan Slusarchuk, CEO and Director

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding future revenues and contracts. 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, when they will occur, or if they do occur, what benefits the company will obtain from them. There is no assurance the Company will be able to sell the full amount of the proposed Offering.

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 news release.

Greenscape Capital Group Inc.

Greenscape Capital Group Inc.

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