Green Bridge Metals Corporation Successfully Closes First Tranche of Private Placement
VANCOUVER, BC – Green Bridge Metals Corporation (CSE: GRBM, OTCQB: GBMCF, FWB: J48, WKN: A3EW4S) (“Green Bridge” or the “Company”), a professionally-managed mining company, is excited to announce the successful closing of the first tranche of its non-brokered private placement (the “Private Placement”).
Details of the Private Placement
The Company issued 7,998,334 common shares (each, a “Share”) at a price of $0.15 per Share, raising gross proceeds of $1,199,750.05. This represents the first step towards the Company’s goal of raising up to $1,500,000 through the Private Placement.
Further Tranches
Green Bridge intends to close further tranches of the Private Placement on or before March 7, 2025. The Company will provide updates on the progress of the Private Placement as it becomes available.
Impact on Green Bridge Metals
The successful closing of the first tranche of the Private Placement signifies a significant step forward for Green Bridge Metals. The funds raised will be used to finance the Company’s ongoing exploration and development activities, as well as general working capital.
Impact on the Mining Industry and the World
The mining industry, and specifically the precious metals sector, has been experiencing a resurgence in recent months due to increased investor interest and rising commodity prices. Green Bridge Metals’ successful fundraising effort is a reflection of this trend.
The proceeds from the Private Placement will contribute to the exploration and development of Green Bridge’s projects, potentially leading to new discoveries and the creation of jobs in the mining sector. Furthermore, the success of Green Bridge Metals may inspire other mining companies to follow suit and seek financing to advance their own projects.
Conclusion
Green Bridge Metals Corporation’s successful closing of the first tranche of its Private Placement is a significant milestone for the Company and the mining industry as a whole. The funds raised will be used to finance the Company’s ongoing exploration and development activities, potentially leading to new discoveries and the creation of jobs. The mining sector is experiencing a resurgence, and Green Bridge Metals’ success may inspire other companies to seek financing and advance their projects.
- Green Bridge Metals Corporation closes first tranche of Private Placement
- Raised gross proceeds of $1,199,750.05
- Intends to raise up to $1,500,000 through the Private Placement
- Funds will be used for exploration and development activities
- Reflects the trend of increased investor interest in the mining industry
