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New Earth Resources Issues Shares under Option Agreement for Red Wine Rare Earth Project in Labrador
Vancouver, British Columbia, Nov. 28, 2025 (GLOBE NEWSWIRE) -- NEW EARTH RESOURCES CORP. (CSE: EATH) ("New Earth" or the "Company") is pleased to announce that it has issued 1,250,000 Class A common shares of the Company (each, a “Share”) under its recently announced option agreement (the “Agreement”) dated as of November 19, 2025 with Northex Capital Partners Inc. (“Northex”) under which the Company has the option to acquire the Red Wine Rare Earth Project (the “Project”). The Project is compri
About this update from New Earth Resources Corp.
[{"type":"image","alt":"New Earth Resources Corp.","displaySize":"","headline":null,"caption":"New Earth Resources Corp.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":300,"url":"https://media.zenfs.com/en/globenewswire.com/ac9079c1f78af98cd3896731e9e2f5e8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/KTy3zxRzcyvlZgKTVLqd6g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQyMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/ac9079c1f78af98cd3896731e9e2f5e8","width":300,"height":300}},"lazy":false},{"type":"text","content":"Vancouver, British Columbia, Nov. 28, 2025 (GLOBE NEWSWIRE) -- NEW EARTH RESOURCES CORP. (CSE: EATH) ("New Earth" or the "Company") is pleased to announce that it has issued 1,250,000 Class A common shares of the Company (each, a “Share”) under its recently announced option agreement (the “Agreement”) dated as of November 19, 2025 with Northex Capital Partners Inc. (“Northex”) under which the Company has the option to acquire the Red Wine Rare Earth Project (the “Project”). The Project is comprised of 2 non-contiguous mineral claims located in Labrador, Canada covering approximately 1,575 hectares in total. See the Company’s news release dated November 21, 2025 for further details respecting the Agreement and the Project.","length":757,"tagName":"p"},{"type":"text","content":"The Shares were issued at a price of $0.285, representing aggregate consideration of $356,250 under this initial option payment. In accordance with applicable securities laws and the policies of the Canadian Securities Exchange, the Shares are subject to a four month hold period expiring March 29, 2026. Northex and its principals are arm’s length to the Company.","length":364,"tagName":"p"},{"type":"text","content":"About the Company","length":17,"tagName":"p"},{"type":"text","content":"New Earth Resources Corp. is a Canadian-based mineral exploration company acquiring and developing advanced and early-stage exploration projects. Its flagship project is its 100% owned, past-producing Lucky Boy Uranium Property located in Gila County, Arizona, USA. Consisting of 14 Lode Claims, and spanning approximately 273 acres, the Lucky Boy Project covers a small open pit and underground workings that produced uranium in the 1950's, and again in the 1970's. In addition to Lucky Boy, included in the Compan...