Green Bridge Metals Plans $6 Million Private Placement

Green Bridge Metals Corporation has announced its plan to undertake a non-brokered private placement. The company aims to issue up to 66,666,667 units at a price of $0.09 per unit, potentially generating $6 million in gross proceeds. Each unit will comprise one common share and half a share purchase warrant, with each whole warrant allowing the purchase of an additional share at $0.15 within three years.

The transaction is expected to close by October 10, 2025, subject to regulatory approvals. Funds raised will be used to support current operations and general working capital. As part of this placement, Green Bridge Metals might incur finders' fees and issue warrants to parties introducing subscribers.

An administrative fee will be paid to a third party, equating to 1% of the total shares issued. The private placement securities will be held for four months and one day as per applicable laws.