NewBridge Global Ventures, Inc. (OTCPK:NBGV) entered into an operating agreement to acquire a stake in Innovative Separations, LLC from Joseph Mazza for $0.01 million on May 1, 2019. Pursuant to the terms and subject to the conditions set forth in the operating agreement, NewBridge Global Ventures will issue 0.03 million shares to Mazza. In a related transaction, NewBridge Global Ventures will provide cash for working capital of up to $0.2 million over a one-year period. In consideration for NewBridge Global Ventures’s common stock issued to Mazza and the working capital contribution, NewBridge Global Ventures shall receive 50% of the membership interests in Innovative.