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Green Bridge Metals Announces Non-Brokered Private Placement
VANCOUVER, BC / ACCESS Newswire / September 29, 2025 /Green Bridge Metals Corporation (CSE:GRBM)(OTCQB:GBMCF)(FWB:J48)(WKN:A3EW4S) ("Green Bridge" or the "Company") announces that it intends to complete a non-brokered private placement (the "Private ...
About this update from Green Bridge Metals Corporation
[{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / September 29, 2025 / Green Bridge Metals Corporation (CSE:GRBM)(OTCQB:GBMCF)(FWB:J48)(WKN:A3EW4S) ("Green Bridge" or the "Company") 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.","length":437,"tagName":"p"},{"type":"text","content":"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.","length":303,"tagName":"p"},{"type":"text","content":"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.","length":368,"tagName":"p"},{"type":"text","content":"The Company intends to utilize the proceeds of the Private Placement to support its existing operations and for general working capital purposes.","length":145,"tagName":"p"},{"type":"text","content":"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.","length":240,"tagName":"p"},{"type":"text","content":"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.","length":243,"tagName":"p"},{"type":"text","content":"About Green Bridge Metals","length":25,"tagName":"p"},{"type":"text","content":"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 &qu...