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

GRBM · Price
Executive Summary
- Green Bridge Metals closed a fully‑subscribed, non‑brokered private placement of 33,333,333 units at $0.12 per unit, raising $4,000,000 in gross proceeds.
- Each unit consists of one common share and one warrant (exercisable until Feb 3 2029 at C$0.15).
- Prominent mining investor Russell Starr purchased 6,000,000 units and joined the company as a Strategic Advisor.
Key Details
- Offering Size & Price: 33,333,333 units @ $0.12 per unit → $4,000,000 gross proceeds.
- Unit Composition: 1 common share + 1 common‑share purchase warrant per unit.
- Warrant Terms: Exercise price C$0.15; exercisable until Feb 3 2029.
- Net Proceeds Use: Support existing operations and general working capital.
- Statutory Hold Period: Four months and one day from closing date.
- Finder Compensation: $102,700.01 cash fees; 100,000 finder shares + 855,833 finder warrants issued.
- Administrative Fee Shares: 333,333 common shares (≈1 % of total units) issued to a third‑party as an admin fee.
- Strategic Advisor Appointment: Russell Starr acquired 6,000,000 units and will serve as Strategic Advisor; background includes senior roles at Cayden Resources, Auryn Resources, Trillium Gold (Renegade), and DeFi Technologies.
- Regulatory Notice: Securities not registered under U.S. securities laws; offering limited to non‑U.S. persons per Regulation S.
Notable Quotes
- “We are 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.” – David Suda, President & CEO
All boilerplate, forward‑looking statements, and disclaimer text have been omitted for brevity.
More from Green Bridge Metals Corporation
May 27, 2026 · 17:00