Green Bridge Announces Closing of Non-Brokered Private Placement for Gross Proceeds of C$4 Million
Accessnewswire·2026-02-03 21:30

Core Viewpoint - Green Bridge Metals Corporation has successfully closed a non-brokered private placement, raising $4,000,000 through the issuance of 33,333,333 units at a price of $0.12 per unit [1][3]. Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant exercisable until February 3, 2029, at an exercise price of C$0.15 [2]. - The net proceeds from the offering will be utilized for the company's existing operations and general working capital [3]. - The company paid finders' fees totaling $102,700.01 and issued 100,000 finder shares and 855,833 finder warrants as part of the offering [3]. Group 2: Strategic Advisor Appointment - Notable mining investor Mr. Russell Starr acquired 6,000,000 units in the offering and has joined the company as a Strategic Advisor [4]. - Mr. Starr has a strong background in the mining sector, having held executive positions in various companies and being involved in significant transactions, including the sale of Cayden Resources Inc. for C$205 million [4]. Group 3: Company Overview - Green Bridge is focused on acquiring and developing critical mineral-rich assets in North America, with key projects including the Serpentine property and the South Contact District [6]. - The South Contact Project contains bulk-tonnage copper-nickel and titanium-vanadium mineral resources, while Serpentine is a magmatic sulphide deposit with inferred and indicated mineral resource estimates for copper and nickel [6].

Green Bridge Announces Closing of Non-Brokered Private Placement for Gross Proceeds of C$4 Million - Reportify