Green Bridge Metals Announces Closing of First Tranche of Non-Brokered Private Placement
Suite 800, 1199 West Hastings Street
Vancouver, British Columbia, V6E 3T5
www.greenbridgemetals.com
11257142v1
NEWS RELEASE
Green Bridge Metals Announces Closing of First Tranche of Non-Brokered
Private Placement
Vancouver, Canada – February 4, 2025 – Green Bridge Metals Corporation (CSE: GRBM, OTCQB: GBMCF, FWB:
J48, WKN: A3EW4S) ("Green Bridge" or the "Company") is pleased to announce that it has closed the first tranche
(the “First Tranche”) of its previously-announced (see news release dated January 22, 2025) non-brokered private
placement (the “Private Placement”) of 7,998,334 common shares (each, a, “Share”) at a price of $0.15 per Share
for gross proceeds of $1,199,750.05. The Company may close further tranches on or before March 7, 2025, to raise
gross proceeds of up to $1,500,000.
The Company intends to utilize the proceeds of the Private Placement to support its existing operations and for
general working capital purposes.
In connection with closing, the Company issued 79,983 Shares (the “Admin Fee Shares”) of the Company to Amalfi
Corporate Services Ltd., as an administrative fee for their assistance with the Private Placement.
Pursuant to applicable securities laws, all securities issued under the Private Placement will be subject to a statutory
hold period of four months and one day, expiring on June 5, 2025.
Additionally, the Company announces, further to its news release dated November 1, 2024, September 19, 2024,
June 19, 2024 and March 14, 2024, that it has extended its engagement of MIC Market Information & Content
Publishing (business address: Gerhart -Hauptmann-Str. 49B, 51379 Leverkusen, Germany; email:
[email protected]; telephone: +49 2171 -7766628; and website: www.micpublishing.de ("MIC") for the
provision of a range of online marketing services encompassing campaign creation, production of mark eting
materials, as well as research and analytics (the "Services"). The Services are expected to commence immediately
and continue until May 5, 2025, or until budget exhaustion; provided, however, that the Services may be extended
or shortened at the discretion of the Company depending on, among other things, the efficacy of the Services. The
Company has agreed to pay to MIC EUR125,000 in consideration for the extension of Services. The Company has
not provided any securities to MIC or its principals as co mpensation for the Services. The Services will occur via
digital channels Google Ads and native advertising.
About Green Bridge Metals
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 “Property”)
along the basal contact of the Duluth Intrusion, north of Duluth, Minnesota. The South Contact Zone contains bulk-
tonnage copper-nickel and titanium-vanadium in ilmenite hosted in ultramafic to oxide ultramafic intrusions. The
Property has exploration targets for bulk -tonnage Ni mineralization, high grade Ni -Cu-PGE magmatic sulfide
mineralization and titanium.
ON BEHALF OF GREEN BRIDGE METALS,
“David Suda”
President and Chief Executive Officer
For more information, please contact:
David Suda
President and Chief Executive Officer
Tel: 604.928-3101
Neither the Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies
of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
Certain statements and information herein contain forward- looking statements or forward-looking information
within the meaning of applicable securities laws (“forward-looking statements”). Such forward-looking statements
include but are not limited to statements or information with respect to: the proposed non- brokered private
placement.
Although management of the Company believe that the assumptions made and the expectations represented by
such statements or information are reasonable, there can be no assurance that forward- looking statements or
information herein will prove to be accurate. Forward-looking statements and information by their nature are based
on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual
results, performance or achievements, or industry results, to be materially different from any future results,
performance or achievements expressed or implied by such forward- looking statements or information. These
factors include but are not limited to: the Private Placement may not close on the terms set forth herein, or at all;
business and economic conditions in the mining industry generally; and other risk factors as detailed from time to
time.
The Company does not undertake to update any forward-looking information, except in accordance with applicable
securities laws.
Reader Advisory
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United
States. The securities have not been and will not be registered under the United States Securities Act of 1933, as
amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United
States or to U.S. Persons (as defined under the U.S. Securities Act) unless registered under the U.S. Securities Act
and applicable state securities laws or an exemption from such registration is available.