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Green Bridge Metals paid $2M in shares to Encampment Minerals for exploration rights in Minnesota’s Duluth Complex.
Green Bridge Metals Corp. has completed the initial $2 million share payment to Encampment Minerals under a May 8, 2025, agreement, issuing 22,222,222 units at $0.09 per unit. Each unit includes one share and half a warrant, with each full warrant allowing purchase of one share at $0.15 for three years. Securities are subject to a four-month hold and a voluntary escrow, with 25% of shares released every six months over 18 months. The company, focused on critical minerals in Minnesota’s Duluth Complex, is advancing exploration at the South Contact Zone, which holds potential for copper-nickel, titanium-vanadium, and platinum group element deposits. Forward-looking statements caution that future results may differ due to risks and uncertainties.