Newterra issues 300,000 shares to Ferdinand optionors

Executive Summary

• Newterra Resources Inc. issued 300,000 common shares to the vendors of the Ferdinand gold property as partial consideration for the optioned purchase of that property.
• The shares are subject to a lock‑up period that expires on June 25 2026 in accordance with CSE policies and applicable securities laws.
• The transaction advances Newterra’s strategy to acquire 100% of the Ferdinand gold property in Ontario’s Red Lake mining district.

Key Details

• Share Issuance: 300,000 common shares issued to vendors of the Ferdinand gold property.
• Consideration Structure: Shares constitute partial consideration; remaining terms of the optioned purchase were disclosed in the February 17 2026 press release.
• Lock‑up Period: Shares are subject to a hold period expiring June 25 2026, per Canadian Securities Exchange (CSE) rules and securities legislation.
• Property Context: Ferdinand gold property is located within the Red Lake mining district, Ontario; Newterra holds an option for 100% of this property.
• Strategic Rationale: The share issuance supports Newterra’s goal of expanding its gold portfolio alongside its wholly‑owned Iron Horse project in British Columbia.

Notable Quotes

(No direct quotes were provided in the release.)