Burnaby, British Columbia--(Newsfile Corp. - January 12, 2026) - NatBridge Resources Ltd. (CSE: NATB) (OTCID: NATBF) (FSE: GI80) ("NatBridge" or the "Company") is pleased to announce that it entered into a Binding Letter of Intent ("LOI") on January 9, 2026 with Teras Resources Ltd. USA ("Teras") for the proposed acquisition of 3 additional deeded Parcels of land (collectively, the "Parcels"), which form part of the Cahuilla Gold Project in Imperial County, California. The LOI builds on its mineral rights purchase agreement announced on October 21, 2025 and advances the consolidation of deeded mineral interests within the project area. This LOI replaces prior arrangements and sets out the framework for the definitive agreement for the acquisition of these Parcels.
"We are excited to take this next step with Teras and further strengthen our position at the Cahuilla Gold Project with the addition of these three Parcels," commented Steve Moses, CEO of NatBridge Resources Ltd. "This LOI reflects our commitment to disciplined growth, the continued consolidation of deeded mineral interests at Cahuilla, and our ongoing collaboration with Teras. We look forward to working together to finalise the definitive agreement and advance the project in a way that delivers long-term benefits to our shareholders and stakeholders."
Joseph Carrabba, CEO of Teras Resources, added: "We are pleased to be moving forward with NatBridge on this important transaction. The entry into this LOI demonstrates the constructive relationship between our teams and our shared vision for the future development of the Cahuilla Gold Project. We look forward to continuing our work together as we progress towards a definitive agreement."
In consideration for the acquisition of the Parcels, NatBridge shall pay Teras USA a purchase price premised upon the previously announced Phase 1 acquisition of Parcels 45 and 46, and which will be determined by reference to the gold resource estimate to be set out in a National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") compliant technical report (the "Technical Report") with respect to the subsurface mineral rights encompassing the Parcels.
Consequent to the shareholder update of December 9, 2025, the Company contracted Capps Geoscience LLC to prepare the Technical Report, as required by the British Columbia Securities Commission ("BCSC"). The Technical Report will be submitted to the BCSC on completion for review, following which it will be filed under the Company's profile on SEDAR+ in order to fulfill requirements established under the Cease Trade Order issued on December 4, 2025.
Closing of the transaction is subject to customary conditions, satisfactory completion of due diligence, receipt of all required regulatory approvals, and compliance with all applicable legal requirements. There can be no assurance that the transaction will be completed as proposed.
About NatBridge Resources Ltd.
NatBridge Resources Ltd. (CSE: NATB) (OTCID: NATBF) (FSE: GI80) is a publicly traded Canadian company, also listed in the United States and Germany, leading the gold resource supply side of NatGold Digital Ltd.'s ("NatGold Digital") revolutionary, patent-pending digital gold tokenization ecosystem. This innovative approach redefines how gold's value can be captured through tokenization, eliminating extraction and its environmental, social, and financial costs through a blockchain-powered, eco-friendly digital mining process. NatBridge's strategy is focused on the supply side of the NatGold ecosystem. By acquiring gold resources that meet the qualification criteria of NatGold Digital, in accordance with NatGold Digital's strict token certification standards, NatBridge is establishing itself as a key player in this industry – operating at the intersection of three major global investment trends: gold, sustainable investing, and the tokenization of real-world assets.
Neither the Canadian Securities Exchange (the "CSE") nor the Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.
This news release includes certain statements that may be deemed "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements regarding the acquisition of the Parcels, the completion of the Technical Report and acquisition of the Parcels, and the tokenization of gold resources, as well as NatBridge's development plans, expansion plans, estimates, expectations, forecasts, objectives, predictions, and projections of the future. Generally, forward-looking statements can be identified by terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "projects", "intends", "anticipates", or "does not anticipate", or "believes", or variations of such words and phrases, or by stating that certain actions, events or results "may", "can", "could", "would", "might", or "will" be taken, "occur" or "be achieved". Actual results may differ materially due to risks and uncertainties, including the ability to complete the acquisition of the Parcels, file the Technical Report, regulatory approvals, and market demand for tokenized gold. Forward-looking statements are also subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of NatBridge to be materially different from those expressed or implied by such forward-looking statements, including, but not limited to: risks related to the exploration, development, and operation of NatBridge's projects; the actual results of current exploration and development activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future precious metals prices; as well as those factors discussed in the sections relating to risk factors of our business filed in NatBridge's required securities filings on SEDAR+. Although NatBridge has attempted to identify important factors that could cause results to differ materially from those contained in forward-looking statements, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed, or intended. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities law. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made, by third parties in respect of the matters discussed above.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280070

© 2026 Canjex Publishing Ltd. All rights reserved.