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Tres-Or signs LOI to acquire Stonecutter diamond-gold project in Ontario via reverse takeover
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Tres-Or signs LOI to acquire Stonecutter diamond-gold project in Ontario via reverse takeover
  • Tres-Or signed a non-binding LOI on July 10, 2026 to acquire the Stonecutter Diamond-Gold Project near Wawa, Ontario via Ont-Co.
  • Deal structure targets 100% project ownership through a reverse takeover, leaving Ont-Co shareholders with 59.8% of the resulting issuer pre-financing.
  • Consideration includes 54,545,455 shares valued at CAD 3 million at CAD 0.06 per share.
  • TEC Holding also gets CAD 1 million on an NI 43-101 resource estimate exceeding 1 million +1.0 mm carats.
  • Additional terms include CAD 1 million on a positive commercial decision, plus a 2% gross sales royalty capped at CAD 28 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tres-Or Resources Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202607130700NEWSFILECNPR____20260713_304880_1) on July 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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