Natbridge receives cease trade order from BCSC

Executive Summary

• The B.C. Securities Commission (BCSC) issued a cease trade order on December 4, 2025, halting all trading in Natbridge Resources Ltd. securities.
• The halt is due to the company's failure to file a required National Instrument 43-101 (NI 43-101) technical report supporting mineral resource disclosures made in an August 11, 2025, news release.
• Trading will remain suspended until a compliant NI 43-101 technical report for Phase 1 and Phase 2 of the Cahuilla gold project is filed and the order is revoked.

Key Details

• Regulatory Action: Cease trade order issued by the B.C. Securities Commission dated December 4, 2025.
• Reason for Halt: Failure to file a supporting NI 43-101 technical report for mineral resource estimates previously disclosed.
• Underlying Disclosure: The missing report supports mineral resource estimates for parcels 45 and 46 (Phase 1) and additional titles (Phase 2) as part of the Cahuilla gold project, originally announced in a news release on August 11, 2025.
• Conditions for Resumption: Trading will resume only after a compliant NI 43-101 technical report covering both Phase 1 and Phase 2 is filed and the BCSC revokes the cease trade order.
• Company Response: Natbridge is actively engaging with the BCSC and prioritizing the completion of the required technical report to resolve the matter in full compliance with regulatory requirements.

Notable Quotes

• "Natbridge is actively engaging with the BCSC and prioritizing the completion of the NI 43-101-compliant technical report as quickly as possible."