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Tres-Or signs LOI to acquire Stonecutter diamond-gold project in Ontario
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Tres-Or signs LOI to acquire Stonecutter diamond-gold project in Ontario
  • Tres-Or agreed to acquire Ontario private company 2540575 Ontario, owner of the Stonecutter diamond-gold project near Wawa, Ontario.
  • Deal terms value TEC Holding’s stake at CAD 3 million, paid in 54,545,455 shares priced at CAD 0.055.
  • TEC Holding also gets up to CAD 2 million in milestone payments tied to a resource estimate and a positive commercial decision.
  • TEC Holding will retain a 2% gross sales royalty on Stonecutter diamond and gold sales, capped at CAD 28 million.
  • Tres-Or plans a non-brokered private placement raising CAD 765,994 to CAD 865,994, including CAD 400,000 to CAD 500,000 flow-through funding.


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 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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