Business
Green Bridge Announces Closing of Non-Brokered Private Placement for Gross Proceeds of C$4 Million
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. VANCOUVER, BC / ACCESS Newswire / February 3, 2026 /Green Bridge Metals Corporation (CSE:GRBM)(OTCQB:GBMCF)(FWB:J48, WKN:A3EW4S) ("Green Bridge" or ...

About this update from Green Bridge Metals Corporation
[{"type":"text","content":"NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.","length":98,"tagName":"p"},{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / February 3, 2026 / Green Bridge Metals Corporation (CSE:GRBM)(OTCQB:GBMCF)(FWB:J48, WKN:A3EW4S) ("Green Bridge" or the "Company") is pleased to announce, further to its news release dated January 14, 2026, that it has closed its fully-subscribed, non-brokered private placement (the "Offering") of 33,333,333 units of the Company ("Units") at a price of $0.12 per Unit for aggregate gross proceeds of $4,000,000.","length":486,"tagName":"p"},{"type":"text","content":"Each Unit is comprised of one common share (a "Common Share") and one common share purchase warrant (a "Warrant"). Each Warrant is exercisable to acquire one Common Share until, February 3, 2029 (the "Expiry Date") at an exercise price of C$0.15 (the "Exercise Price").","length":309,"tagName":"p"},{"type":"text","content":"The net proceeds from the Offering are expected to be used to support the Company's existing operations, as well as for general working capital purposes. The securities issued under the Offering will be subject to a statutory hold period of four months and one day from the Closing Date. In connection with the Offering, the Company paid certain finders aggregate cash fees of $102,700.01 and granted an aggregate of 100,000 finder shares and 855,833 finder warrants (the "Finder Warrants"). Each Finder Warrant entitles the holder to purchase one Common Share at the Exercise Price until the Expiry Date. The Company also issued 333,333 Common Share, equal to 1.0% of the total Units issued in the Offering (the "Admin Fee Shares"), to an arm's-length third party, as an administrative fee for their assistance with the Private Placement.","length":867,"tagName":"p"},{"type":"text","content":"The Company is pleased to announce that famed mining investor, Mr. Russell Starr, acquired 6,000,000 Units under the Offering and has joined the Company as a Strategic Advisor. Mr. Starr is a former Bay Street executive and associate hedge fund manager. Mr. Starr is also a seed investor in Echelon Wealth Partners (now Ventum Financial Corp.), a large Canadian investment dealer. Mr. St...