Green Bridge Metals Announces Closing of Non-Brokered Private Placement

Executive Summary

• Green Bridge Metals closed a non‑brokered private placement of 66,666,666 units at $0.09 per unit, generating $6,000,000 in gross proceeds.
• Each unit consists of one common share and half of a warrant (full warrant allows purchase of one share at $0.15 for three years).
• Net proceeds will be used to fund existing operations and general working capital.

Key Details

• Units sold: 66,666,666 units @ $0.09 per unit → $6,000,000 gross proceeds.
• Unit composition: 1 common share + ½ warrant (full warrant = right to buy one share at $0.15 for three years).
• Hold period: Securities subject to a four‑month‑plus‑one‑day hold period under securities law.
• Related party participation: Pacific Opportunity Capital Ltd. (controlled by director Mark Brown) subscribed for 400,000 units → $36,000 gross proceeds; treated as a related‑party transaction under MI 61‑101 with applicable exemptions.
• Finder’s fees: $193,627.55 paid in cash and issuance of 2,151,417 finder warrants to arm’s‑length parties.
• Administrative fee shares: 666,666 shares (1.0% of total units) issued to an arm’s‑length third party as an administrative fee.
• Use of proceeds: To support existing operations and for general working capital purposes.

Notable Quotes

• “We are pleased to announce the successful closing of this private placement, which provides us with the capital needed to advance our exploration program and sustain operational momentum.” – David Suda, President & CEO

This release excludes boilerplate sections, forward‑looking statements, and disclaimer language.