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Mich Resources Ltd. ( (TSE:GRBM) ) just unveiled an announcement.
Green Bridge Metals Corporation has announced a non-brokered private placement to raise up to $1.5 million through the issuance of 10 million common shares at $0.15 each. The proceeds will support existing operations and general working capital, with the first tranche expected to close on January 29, 2025, impacting the company’s financial positioning and market operations positively.
More about Mich Resources Ltd.
Green Bridge Metals Corporation, formerly Mich Resources Ltd., is a Canadian-based exploration company specializing in acquiring battery metal-rich mineral assets. The company focuses on the development of the South Contact Zone in Minnesota, which contains bulk-tonnage copper-nickel, titanium-vanadium, and potential high-grade Ni-Cu-PGE magmatic sulfide mineralization.
YTD Price Performance: 0.0%
Average Trading Volume: 144,184
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$13.61M
For an in-depth examination of GRBM stock, go to TipRanks’ Stock Analysis page.