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An update from Miza II Resources, Inc. ( (TSE:NATB) ) is now available.
NatBridge Resources Ltd. has entered into a Binding Letter of Intent with Teras Resources Inc. to acquire the Cahuilla Gold project in Imperial County, California. This acquisition aligns with NatBridge’s strategy to build a portfolio of properties that meet NatGold Digital Ltd.’s tokenization requirements. The acquisition will occur in two phases, with Phase 1 involving the purchase of titles to two parcels containing significant gold resources. The agreement is subject to customary conditions, due diligence, and regulatory compliance, with a Definitive Agreement expected within forty-five days.
More about Miza II Resources, Inc.
NatBridge Resources Ltd. is a publicly traded Canadian company, also listed in the United States and Germany, that leads the gold resource supply side of NatGold Digital Ltd.’s digital gold tokenization ecosystem. This innovative approach redefines gold’s value capture through tokenization, eliminating extraction and its associated costs via a blockchain-powered, eco-friendly digital mining process. NatBridge focuses on acquiring gold resources that meet NatGold Digital’s strict token certification standards, positioning itself at the intersection of gold, sustainable investing, and tokenization of real-world assets.
Average Trading Volume: 81,483
Technical Sentiment Signal: Buy
Current Market Cap: C$22.7M
Learn more about NATB stock on TipRanks’ Stock Analysis page.