Green Bridge Metals Finalizes $2M Share Payment Under Encampment Agreement

Green Bridge Metals Corporation has completed its initial share payment in line with its Encampment Minerals agreement. The issuance includes 22,222,222 units at a price of $0.09 each, totaling $2 million. Each unit consists of one common share and a half-share purchase warrant, allowing for the acquisition of an additional share at $0.15 over three years. These securities are subject to a statutory holding period of four months and further escrow terms, releasing in stages over 18 months.

This step follows Green Bridge's objective to develop assets rich in critical minerals, particularly in the South Contact Zone near Duluth, Minnesota, an area known for copper-nickel and titanium-vanadium deposits.