August 19, 2021 Update

As previously announced, Stonebridge has an Option Agreement dated January 28, 2021 signed by Development Resources LLC (DRLLC), a Utah LLC, whereby it may acquire an interest in six (6) sections of 180 BLM Mineral Lease Claims in Nevada.

Under the terms of the Agreement, Stonebridge will acquire a 60% controlling interest in the six (6) sections by paying DRLLC a one time payment of $150,000, an additional payment of $100,000 for a Phase One sampling program and a stock distribution to be negotiated.The company has received an extension to October 31, 2021 to meet its initial commitments.

Stonebridge is in the final stages of developing its 25% interest in high quality DNA hemp projects with a major US hemp grower having properties located in Oregon and Hawaii.

Stonebridge is currently preparing the required documents to renew trading on the OTC Markets, including updated financial statements and supplementary information as of June 30, 2021  and completion of Form 15 (c) 2-11 to resume quotations in the OTC Markets.