Newterra Resources Completes Non-Brokered Private Placement

Executive Summary

• Newterra Resources Inc. closed a non‑brokered private placement of 2,000,000 units at $0.05 per unit, generating gross proceeds of $100,000.
• All securities are subject to a hold period expiring June 7 2026 under CSE and applicable securities law requirements.
• A director purchased 100,000 units ($5,000), qualifying as a related‑party transaction exempt from formal valuation and minority‑shareholder approval under MI 61‑101.

Key Details

• Units Issued: 2,000,000 units
• Price per Unit: $0.05
• Gross Proceeds: $100,000 (CAD)
• Hold Period: Until June 7 2026, per CSE policies and securities law.
• Director Participation: Director purchased 100,000 units for $5,000; transaction exempt from MI 61‑101 valuation/approval requirements because the company is not listed on the exchanges specified in subsection 5.5(b) and the fair market value does not exceed 25% of market cap.
• No Finder’s Fees: The offering was conducted without any finder’s fees paid.
• Regulatory Disclaimers: Not an offer or solicitation in the United States; securities not registered under the U.S. Securities Act of 1933.

Notable Quotes

(None provided in the release.)