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The latest announcement is out from Miza II Resources, Inc. ( (TSE:NATB) ).
NatBridge Resources Ltd. has entered into a definitive Mineral Rights Purchase Agreement with Teras Resources Ltd. USA to acquire 100% of the subsurface mineral rights for the Cahuilla Gold Project in California. This acquisition is part of NatBridge’s strategy to build value through targeted acquisitions, aligning with their focus on sound geology and long-term value creation. The agreement includes a total consideration of approximately US$2.75 million and positions NatBridge to hold the subsurface rights free of ongoing fees. The transaction is subject to customary conditions and regulatory approvals, with further phases of the project under negotiation, potentially expanding NatBridge’s resource base significantly.
More about Miza II Resources, Inc.
NatBridge Resources Ltd. is a publicly traded Canadian company, also listed in the United States and Germany, focusing on the gold resource supply side of NatGold Digital Ltd.’s innovative digital gold tokenization ecosystem. This approach aims to redefine gold’s value capture through tokenization, leveraging a blockchain-powered, eco-friendly digital mining process.
Average Trading Volume: 94,453
Technical Sentiment Signal: Buy
Current Market Cap: C$14.25M
For a thorough assessment of NATB stock, go to TipRanks’ Stock Analysis page.