NatBridge Resources Announces New US Symbol "NATBF", Management Change and Debt Settlement
NatBridge Resources (OTC: NATBF) announced three key updates. First, the company will change its US trading symbol from "GEGCF" to "NATBF" on OTC Markets effective June 26, 2025. Second, Chief Operating Officer and director Andrew Fletcher has resigned from his positions. Third, the company plans to settle $29,600 in debt by issuing 146,173 common shares at $0.2025 per share to various consultants, subject to a four-month and one-day hold period.
NatBridge Resources (OTC: NATBF) ha annunciato tre aggiornamenti importanti. In primo luogo, la società cambierà il proprio simbolo di negoziazione negli Stati Uniti da "GEGCF" a "NATBF" su OTC Markets a partire dal 26 giugno 2025. In secondo luogo, il Chief Operating Officer e direttore Andrew Fletcher si è dimesso dalle sue cariche. Infine, la società prevede di saldare un debito di 29.600 dollari emettendo 146.173 azioni ordinarie al prezzo di 0,2025 dollari per azione a vari consulenti, con un periodo di blocco di quattro mesi e un giorno.
NatBridge Resources (OTC: NATBF) anunció tres actualizaciones clave. Primero, la empresa cambiará su símbolo de cotización en EE. UU. de "GEGCF" a "NATBF" en OTC Markets, efectivo a partir del 26 de junio de 2025. Segundo, el Director de Operaciones y director Andrew Fletcher ha renunciado a sus cargos. Tercero, la empresa planea saldar una deuda de 29,600 dólares emitiendo 146,173 acciones comunes a 0.2025 dólares por acción a varios consultores, sujeto a un período de retención de cuatro meses y un día.
NatBridge Resources (OTC: NATBF)는 세 가지 주요 업데이트를 발표했습니다. 첫째, 회사는 2025년 6월 26일부터 OTC Markets에서 미국 거래 심볼을 "GEGCF"에서 "NATBF"로 변경할 예정입니다. 둘째, 최고운영책임자 겸 이사인 Andrew Fletcher가 사임했습니다. 셋째, 회사는 다양한 컨설턴트에게 주당 0.2025달러에 146,173주 보통주를 발행하여 29,600달러의 부채를 상환할 계획이며, 4개월 1일의 보유 기간이 적용됩니다.
NatBridge Resources (OTC : NATBF) a annoncé trois mises à jour clés. Premièrement, la société changera son symbole de cotation aux États-Unis de "GEGCF" à "NATBF" sur OTC Markets à compter du 26 juin 2025. Deuxièmement, le directeur des opérations et administrateur Andrew Fletcher a démissionné de ses fonctions. Troisièmement, la société prévoit de régler une dette de 29 600 dollars en émettant 146 173 actions ordinaires au prix de 0,2025 dollar par action à divers consultants, sous réserve d'une période de blocage de quatre mois et un jour.
NatBridge Resources (OTC: NATBF) hat drei wichtige Neuigkeiten bekanntgegeben. Erstens wird das Unternehmen sein US-Handelssymbol auf OTC Markets ab dem 26. Juni 2025 von "GEGCF" zu "NATBF" ändern. Zweitens hat Chief Operating Officer und Direktor Andrew Fletcher seinen Rücktritt erklärt. Drittens plant das Unternehmen, Schulden in Höhe von 29.600 USD durch die Ausgabe von 146.173 Stammaktien zu je 0,2025 USD an verschiedene Berater zu begleichen, vorbehaltlich einer Haltefrist von vier Monaten und einem Tag.
- None.
- Resignation of Chief Operating Officer and director indicates potential management instability
- Debt settlement through share issuance will result in dilution for existing shareholders
Burnaby, British Columbia--(Newsfile Corp. - June 26, 2025) - NatBridge Resources Ltd. (CSE: NATB) (OTC Pink: GEGCF) (FSE: GI80) (the "Company" or "NatBridge") announces an update concerning its US trading symbol. Formerly listed as "GEGCF" on the OTC Markets Group, Inc. ("OTC Markets"), NatBridge will begin trading under its new symbol "NATBF" on the OTC Markets effective on Thursday, June 26, 2025.
The Company also announces the resignation of Mr. Andrew Fletcher as Chief Operating Officer and a director of the Company. The Company would like to thank Mr. Fletcher for his services and looks forward to continuing to work with him in the future.
In addition, the Company announces that it proposes to issue an aggregate of 146,173 common shares of the Company at a price of
The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
About NatBridge Resources Ltd.
NatBridge Resources Ltd. (CSE: NATB) (OTC Pink: GEGCF) (FSE: GI80) is a publicly traded Canadian company, also listed in the United States and Germany, leading the gold resource supply side of NatGold Digital Ltd.'s revolutionary, patent-pending digital gold mining ecosystem. This innovative approach redefines how gold's value is captured through tokenization - eliminating extraction and its environmental, social, and financial costs through a blockchain-powered, eco-friendly digital mining process.
NatBridge's strategy is uniquely focused on the supply side of the NatGold ecosystem. By acquiring gold resources that qualify as Certified NatGold Resources™, in accordance with NatGold Digital's strict token certification standards, NatBridge is establishing itself as a key player in this transformative industry - operating at the intersection of three major global investment trends: gold, ESG investing, and the tokenization of real-world assets.
For more information, visit www.greateaglegold.com.
On behalf of the board,
Stephen Moses, President & Director
NatBridge Resources Ltd.
+1 (778) 372-9723
Neither the Canadian Securities Exchange (the "CSE") nor the Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.
This news release includes certain statements that may be deemed "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements include, but are not limited to statements with respect to the acquisition of NI 43-101 gold resources, the ability to digitally mine NatGold coins, the viability of the NatGold tokenization and monetization ecosystem, and development plans, expansion plans, estimates, expectations, forecasts, objectives, predictions and projections of the future. Specifically, this news release contains forward looking statements with respect to NatBridge's proposed operations, acquiring and developing gold resources and their tokenization, and the receipt of required approvals. Generally, forward-looking statements can be identified by the forward- looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "projects", "intends", "anticipates", or "does not anticipate", or "believes", or "variations of such words and phrases or state that certain actions, events or results "may", "can", "could", "would", "might", or "will" be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of NatBridge to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the exploration and development and operation of NatBridge's projects, the actual results of current exploration, development activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future precious metals prices, as well as those factors discussed in the sections relating to risk factors of our business filed in NatBridge's required securities filings on SEDAR+. Although NatBridge has attempted to identify important factors that could cause results to differ materially from those contained in forward-looking statements, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made, by third parties in respect of the matters discussed above.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256865
FAQ
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