NatBridge Resources Announces Extension of Private Placement Closing and New Trading Symbol
Burnaby, British Columbia--(Newsfile Corp. - June 24, 2025) - NatBridge Resources Ltd. (CSE: NATB) (OTC Pink: GEGCF) (FSE: GI8) (the "Company" or "NatBridge") announces that further to its news release of May 13, 2025, the Company is extending the closing date of its previously announced non-brokered private placement offering of up to 7,500,000 units (each, a "Unit") at a price of $0.20 per Unit, for gross proceeds of up to $1,500,000 (the "Offering"). The Offering, with a potential over-allotment of up to 20% at the Company's discretion, will be subject to Canadian Securities Exchange ("CSE") acceptance. Each Unit is comprised of one common share (each, a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder thereof to purchase one additional common share of the Company at an exercise price of $0.30 per share for a period of twelve months from the closing date.
The Company has been waiting for final documents and funds from a number of subscribers who have expressed firm interest in the placement. In addition, the name change announcement and name and symbol changes recently becoming effective have led investors and their financial representatives to reach out to the Company for clarification on the documents and funding, causing delays in coordinating the closing.
The Company may pay a finder's fee in cash, common shares and/or warrants of the Company to eligible parties in connection with the Offering and in compliance with applicable securities laws. The net proceeds of the Offering will be used for ongoing working capital requirements as well as acquisition and due diligence costs associated with pending transactions to acquire additional resource deposits for tokenization.
The Company also announces that it started trading under its new name "NatBridge Resources Ltd." and new trading symbol "NATB" on the CSE at the open of markets on Monday, June 23, 2025.
The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
About NatBridge Resources Ltd.
NatBridge Resources Ltd. (CSE: NATB) (OTC Pink: GEGCF) (FSE: GI8) is a publicly traded Canadian company, also listed in the United States and Germany, leading the gold resource supply side of NatGold Digital Ltd.'s revolutionary, patent-pending digital gold mining ecosystem. This innovative approach redefines how gold's value is captured through tokenization - eliminating extraction and its environmental, social, and financial costs through a blockchain-powered, eco-friendly digital mining process.