Newterra Resources Completes Non-Brokered Private Placement

Core Points - Newterra Resources Inc. has successfully closed a non-brokered private placement, issuing 2,000,000 units at a price of $0.05 per unit, resulting in gross proceeds of $100,000 [1] - A director of the Company participated in the Offering, purchasing 100,000 units for gross proceeds of $5,000, which is classified as a related party transaction [3] - All securities issued under the Offering are subject to a hold period expiring on June 7, 2026, in accordance with CSE policies [2] Company Overview - Newterra Resources Inc. is a mineral resource exploration company focused on precious metals, with its primary property being the Iron Horse Project, which consists of nine mineral title claims covering 2,439.5 hectares in British Columbia [5]