Green Bridge Metals Announces Non-Brokered Private Placement
(PresseBox) - Green Bridge Metals Corporation (CSE: GRBM, OTCQB: GBMCF, FWB: J48, WKN: A3EW4S) ("Green Bridge" or the "Company" - https://www.commodity-tv.com/ondemand/companies/profil/green-bridge-metals-corp/) announces that it intends to complete a non-brokered private placement (the “Private Placement”) of up to 66,666,667 units of the Company (the “Units”) at a price of $0.09 per Unit, for aggregate gross proceeds of up to $6,000,000.
Each Unit shall consist of one common share (each a “Share”) and one-half (1/2) of one common share purchase warrant (each whole warrant, a “Warrant”), with each (whole) Warrant entitling the holder to purchase one Share at an exercise price of $0.15 for a period of three (3) years.
Closing of the Private Placement is anticipated to occur on or about October 10, 2025, and is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals. All securities issued pursuant to Private Placement will be subject to a hold period of four months and one day pursuant to applicable securities laws.
The Company intends to utilize the proceeds of the Private Placement to support its existing operations and for general working capital purposes.
In connection with the Private Placement, the Company may pay finders’ fees and/or issue finders’ warrants on the same terms as the Warrants, to eligible parties who have assisted by introducing subscribers to the Private Placement.
The Company will issue Shares equal to 1.0% of the total of Shares issued in the Private Placement (the “Admin Fee Shares”) to an arm’s-length third party, as an administrative fee for their assistance with the Private Placement.
About Green Bridge Metals
Green Bridge Metals Corporation (formerly Mich Resources Ltd.) is a Canadian based exploration company focused on acquiring ‘battery metal’ rich mineral assets and the development of the South Contact Zone (the “Property”) along the basal contact of the Duluth Intrusion, north of Duluth, Minnesota. The South Contact Zone contains bulk-tonnage copper-nickel and titanium-vanadium in ilmenite hosted in ultramafic to oxide ultramafic intrusions. The Property has exploration targets for bulk-tonnage Ni mineralization, high grade Ni-Cu-PGE magmatic sulfide mineralization and titanium.
ON BEHALF OF GREEN BRIDGE METALS,
“David Suda”
President and Chief Executive Officer
For more information, please contact:
David Suda
President and Chief Executive Officer
Tel: 604.928-3101
investors(at)greenbridgemetals.com
In Europe
Swiss Resource Capital AG
Jochen Staiger & Marc Ollinger
info(at)resource-capital.ch
www.resource-capital.ch
Neither the Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
Certain statements and information herein contain forward-looking statements or forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). Such forward-looking statements include but are not limited to statements or information with respect to: the proposed non-brokered private placement.
Although management of the Company believe that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Forward-looking statements in this news release include statements regarding the potential completion of the Private Placement, the expected completion date thereof, and the use of proceeds therefrom. It is noted, however, that the Private Placement may not close on the terms set forth herein, or at all.
The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Reader Advisory
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Unternehmensinformation / Kurzprofil:
Datum: 30.09.2025 - 07:38 Uhr
Sprache: Deutsch
News-ID 727219
Anzahl Zeichen: 5553
contact information:
Contact person: Jochen Staiger
Town:
Vancouver, Canada
Phone: +41 (71) 3548501
Kategorie:
Financial Services & Insurance
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