Newterra Resources Raises $100,000 in Private Placement

Reuters
2026.02.06 23:30
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Newterra Resources Inc. has raised $100,000 through a non-brokered private placement, issuing 2,000,000 units at $0.05 each. The securities are subject to a hold period until June 7, 2026, and no finder’s fees were paid. A director of the company purchased 100,000 units, which is considered a related party transaction exempt from formal valuation. The securities are not registered under U.S. law and cannot be sold in the U.S. without proper registration or exemption.