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Green Bridge Metals Applauds U.S. Proposal for G7 Sanctions on Russian Palladium and Titanium

(TheNewswire)

    Vancouver, Canada – November 1, 2024 – TheNewswire – Green Bridge Metals Corporation(CSE: GRBM, OTCQB: GBMCF, FWB: J48,WKN:A3EW4S) ("Green Bridge" orthe "Company") applauds the recent efforts by the United States topropose new sanctions targeting Russian palladium (Pd) and titanium(Ti) to the Group of Seven (G7) allies1. This recommendation, discussed among G7 deputy financeministers in Washington, reflects the continued global commitment tolimit Russia's influence over critical metals markets amidst theongoing conflict in Ukraine. Green Bridge supports initiatives thatenhance supply chain stability for strategic materials, whilepromoting sustainable and secure sources for essential industrialmetals.

    Both palladium and titanium are vital inputs acrossvarious high-tech and industrial applications, with palladium used insemiconductors and catalytic converters, and titanium essential tosectors like aerospace and medical manufacturing. Sanctions on thesemetals would mark a significant shift in Western strategies bydirectly challenging Russia’s role as a major supplier, especiallyas Russia's metals and mining company, Norilsk Nickel, suppliesnearly 40% of the world’s palladium. The Company recognizes thatsuch measures could mitigate dependency on Russian sources, fosteringa more resilient market that benefits from diversified, ethicalsourcing alternatives.

    Green Bridge remains committed to advancing ethical andsustainable exploration of critical metals like titanium and platinumgroup elements (PGEs) outside of geopolitically sensitive regions,supporting the resilience of global supply chains. As a companyfocused on responsible exploration practices, Green Bridge iswell-positioned to contribute towards identifying potential newsources of these essential metals, with the aim of ultimatelycontributing to secure, alternative supply options for North Americanand European markets.

    Additionally, the Company is pleased to announce, further to its newsrelease dated September 19, 2024, June 19, 2024 and March 14, 2024,that it has extended its engagement of MIC Market Information &Content Publishing (businessaddress: Gerhart-Hauptmann-Str. 49B, 51379Leverkusen, Germany; email:  contact@micpublishing.de;telephone: +49 2171-7766628; and website: www.micpublishing.de("MIC") for the provision of a rangeof online marketing services encompassing campaign creation,production of marketing materials, as well as research and analytics(the "Services").  The Services are expected to commenceimmediately and continue until February 1, 2025, or until budgetexhaustion; provided, however, that the Services may be extended orshortened at the discretion of the Company depending on, among otherthings, the efficacy of the Services. The Company has agreed to pay toMIC EUR250,000 in consideration for the extension of Services. TheCompany has not provided any securities to MIC or its principals ascompensation for the Services. The Services will occur via digitalchannels Google Ads and native advertising.

    About Green Bridge Metals

    Green Bridge Metals Corporation (formerly MichResources Ltd.) is a Canadian based exploration company focused onacquiring ‘battery metal’ rich mineral assets and the developmentof the South Contact Zone (the “Property”) along the basal contactof the Duluth Intrusion, north of Duluth, Minnesota. The South ContactZone contains bulk-tonnage copper-nickel and titanium-vanadium inilmenite hosted in ultramafic to oxide ultramafic intrusions. TheProperty has exploration targets for bulk-tonnage Ni mineralization,high grade Ni-Cu-PGE magmatic sulfide mineralization andtitanium.

    ON BEHALF OF GREEN BRIDGE METALS,

    “David Suda”

    President and Chief Executive Officer

    For more information, please contact:

    David Suda

    President and Chief Executive Officer

    Tel: 604.928-3101

    investors@greenbridgemetals.com

    Forward Looking Information

    Certain statements and information herein, includingall statements that are not historical facts, contain forward-lookingstatements and forward-looking information within the meaning ofapplicable securities laws. Such forward-looking statements orinformation include but are not limited to statements or informationwith respect to: the exploration and development of the South ContactZone Properties, and the Company’s ability to identify any newpotential mineral deposits within North America or otherwise.

    Although management of the Company believe that theassumptions made and the expectations represented by such statementsor information are reasonable, there can be no assurance thatforward-looking statements or information herein will prove to beaccurate. Forward-looking statements in this news release includestatements about: the Company’s ability to identify potential newmineral deposits within North America; the proposed scope and timingof expansion drilling programs; the timing and results (drill targets)of an upcoming VTEM airborne geophysical survey;and the development of the South Contact ZoneProperty. Forward-looking statements and information by their natureare based on assumptions and involve known and unknown risks,uncertainties and other factors which may cause actual results,performance or achievements, or industry results, to be materiallydifferent from any future results, performance or achievementsexpressed or implied by such forward-looking statements orinformation. These risk factors include, but are not limited to:locating mineral deposits is inherently risky; the proposed expansiondrilling programs and upcoming VTEM airbornegeophysical survey may not occur as currently contemplated, or at all;the exploration and development of the SouthContact Zone Properties may not result in any commercially successfuloutcome for the Company; risks associated with the business of theCompany; business and economic conditions in the mining industrygenerally; changes in general economic conditions or conditions in thefinancial markets; changes in laws (including regulations respectingmining concessions); and other risk factors as detailed from time totime.

    The Company does not undertake to update anyforward-looking information, except in accordance with applicablesecurities laws.

    Certain figures and references contain informationsupported by public and corporate references that may have beenupdated, changed, or modified since their referenced date.

    The CSE has not approved ordisapproved the contents of this news release.

    1 https://www.mining.com/web/us-asks-g-7-to-consider-sanctions-on-russian-palladium-titanium/

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