Green Bridge Metals Corporation announced, further to its news release dated February 6, 2024, that it has entered into a definitive agreement with Encampment Minerals Inc. with respect to an option to earn an 80% interest in the 8,460-hectare (84.6 square kilometre (km)) South Contact Zone Project, targeting copper (Cu), nickel (Ni)-platinum group element (PGE) mineralization. Pursuant to the Definitive Agreement, the Company will acquire the Option upon completion of several conditions, including the satisfactory completion of due diligence, receipt of any regulatory approvals, and the completion of a minimum $3 million in financing. It is anticipated that the forgoing conditions will be met and the Company will acquire the Option on or prior to May 30, 2024.
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