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Miza II Resources, Inc. ( (TSE:NATB) ) has shared an announcement.
NatBridge Resources has signed a binding letter of intent with Teras Resources’ U.S. subsidiary to acquire three additional deeded land parcels that form part of the Cahuilla Gold Project in Imperial County, California, furthering its strategy of consolidating mineral interests at the site. The purchase price will be tied to a forthcoming NI 43-101-compliant technical report on the subsurface gold resource, now being prepared by Capps Geoscience LLC and to be filed with regulators to address a cease trade order, with closing of the transaction contingent on due diligence, regulatory approvals and other customary conditions, underscoring both the company’s disciplined growth ambitions and the regulatory scrutiny around its expanding resource base.
More about Miza II Resources, Inc.
NatBridge Resources Ltd. is a publicly traded Canadian company listed in Canada, the United States and Germany that focuses on acquiring gold resources to feed NatGold Digital Ltd.’s patent-pending digital gold tokenization ecosystem. By securing qualifying in-situ gold deposits that meet NatGold Digital’s strict certification standards, NatBridge positions itself at the intersection of gold investing, sustainable finance and the tokenization of real-world assets, aiming to capture gold’s value without traditional extraction through a blockchain-enabled, environmentally friendly digital mining model.
Average Trading Volume: 92,079
Technical Sentiment Signal: Sell
Current Market Cap: C$9.44M
Find detailed analytics on NATB stock on TipRanks’ Stock Analysis page.