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Green Bridge Metals Closes First Tranche of Private Placement

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Green Bridge Metals Closes First Tranche of Private Placement

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Mich Resources Ltd. ( (TSE:GRBM) ) has issued an announcement.

Green Bridge Metals has successfully closed the first tranche of its non-brokered private placement, raising over $1.19 million by issuing nearly 8 million common shares. The proceeds will be used to support existing operations and general working capital. The company also extended its engagement with MIC Market Information & Content Publishing for online marketing services until May 2025, highlighting its commitment to enhancing its market presence.

More about Mich Resources Ltd.

Green Bridge Metals Corporation, formerly Mich Resources Ltd., is a Canadian-based exploration company focused on acquiring battery metal-rich mineral assets. The company is involved in the development of the South Contact Zone, located along the basal contact of the Duluth Intrusion in Minnesota, which contains valuable copper-nickel and titanium-vanadium deposits.

YTD Price Performance: 0%

Average Trading Volume: 141,253

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.

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