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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
M&A / Property

Teras Shareholder Update

By The Northwire Desk — AI Analysis Oct 23, 2025 · 13:50 TRA · None Teras Resources Inc.
TRA · Price

Executive Summary

  • Teras Resources Inc. has signed an agreement with NatBridge Resources Ltd. to divest its Cahuilla project, generating funds needed to complete three years of audited financial statements and advance other projects.
  • The transaction is intended to enable the company to reinstate its TSX Venture Exchange (TSXV) listing (TRA.V).
  • Further details of the agreement and audit progress will be disclosed in future communications.

Key Details

  • Transaction: Asset sale – Teras Resources Inc. will divest its Cahuilla project to NatBridge Resources Ltd.
  • Purpose of Funds: To finance three years of audited financial statements and support advancement of Montana and other projects.
  • Listing Impact: The proceeds are expected to facilitate the reinstatement of Teras’ TSX Venture Exchange (TSXV) listing (ticker TRA.V).
  • Current Status: As of October 18 2025, the agreement has been signed; the company is not presently trading on any exchange.
  • Background: Teras was moved to the NEX market after failing to file audited financials for FY 2022‑2023 and being unable to renew its land lease on the Cahuilla project due to COVID‑related financing constraints.
  • Future Disclosures: Additional transaction terms, timing, and audit progress will be released “in due course.”

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →