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Iron Bridge Resources Inc.

10:28 AM EST - Iron Bridge Resources Inc. : Has entered into a support agreement with Velvet Energy Ltd for an amended offer by Velvet to acquire all of the issued and outstanding common shares of IBR. Under the terms of the support agreement, Velvet has agreed to amend its offer to provide for an increase in the consideration payable in the original offer to $0.845 per Common Share in cash. Iron Bridge Resources Inc. shares T.IBR are trading up $0.14 at $0.84.