checkAd

     181  0 Kommentare Green Bridge Metals Corporation Announces Closing of Non-Brokered Private Placement, Engages DS Market Solutions Inc. and Provides Update to MIC Market Information & Content Publishing Engagement

    VANCOUVER, BC / ACCESSWIRE / June 19, 2024 / Green Bridge Metals Corporation (CNSX:GRBM)(OTCQB:GBMCF)(FWB:J48, WKN:A3EW4S) ("Green Bridge" or the "Company") is pleased to announce the closing of its non-brokered private placement (the "Private …

    VANCOUVER, BC / ACCESSWIRE / June 19, 2024 / Green Bridge Metals Corporation (CNSX:GRBM)(OTCQB:GBMCF)(FWB:J48, WKN:A3EW4S) ("Green Bridge" or the "Company") is pleased to announce the closing of its non-brokered private placement (the "Private Placement") through the issuance of 28,583,073 units (the "Units") at a price of $0.13 per Unit for gross proceeds of $3,715,799.55. Each Unit consists of one (1) share (each, a "Share") and one-half-of-one (1/2) transferable Share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder thereof to purchase one (1) additional Share of the Company for a period of five (5) years from issuance, at a price of $0.25 per Warrant Share.

    The net proceeds from the Private Placement will be used to support its existing operations and for general working capital purposes.

    In connection with closing, arms-length finders acting in connection with the Private Placement received fees in the aggregate amount of $194,060.01 cash and 1,492,769 share purchase warrants (each, a "Broker Warrant"). In addition, the Company issued 571,661 Shares (the "Administrative Shares") of the Company to Amalfi Corporate Services Ltd. ("Amalfi"), in consideration for administrative services rendered in connection with the Private Placement. Amalfi is a private company controlled by Geoff Balderson. Mr. Balderson serves as CFO of the Company.

    MI 61-101 Disclosure

    Amalfi, a private company controlled by Geoff Balderson, CFO of the Company, will receive an aggregate total of 571,661 Administrative Shares in consideration for administrative services rendered in connection with the Private Placement. The issuance of the Administrative Shares to Amalfi is considered to be a "related party transaction" as defined under Multilateral Instrument 61-101 ("MI 61-101"). The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the issuance of the Administrative Shares issued to Amalfi do not exceed twenty-five percent (25%) of the market capitalization of the Company, as determined in accordance with MI 61-101.

    Seite 1 von 2



    Accesswire
    0 Follower
    Autor folgen
    Mehr anzeigen
    We’re a newswire service standout and fast becoming an industry disruptor. We provide regional, national and global news to thousands of clients around the world. We’re also leading the way in social engagement, targeting and analytics.
    Mehr anzeigen
    Verfasst von Accesswire
    Green Bridge Metals Corporation Announces Closing of Non-Brokered Private Placement, Engages DS Market Solutions Inc. and Provides Update to MIC Market Information & Content Publishing Engagement VANCOUVER, BC / ACCESSWIRE / June 19, 2024 / Green Bridge Metals Corporation (CNSX:GRBM)(OTCQB:GBMCF)(FWB:J48, WKN:A3EW4S) ("Green Bridge" or the "Company") is pleased to announce the closing of its non-brokered private placement (the "Private …