NatBridge Resources Ltd. Announces Binding Letter of Intent for Cahuilla Gold Project Acquisition

Burnaby, British Columbia, August 11, 2025 — NatBridge Resources Ltd. (CSE: NATB | OTC: NATBF | FWB: GI80), a company listed on the Canadian National Stock Exchange, has announced a significant development in its expansion strategy. The company has entered into a binding Letter of Intent (LOI) with Teras Resources Inc. to acquire the Cahuilla Gold project located in Imperial County, California.

The Cahuilla property, situated in the northwestern part of Imperial County, is approximately two miles west of Salton Sea Beach and 30 miles south of Brawley, California. This acquisition is structured in two phases. Phase 1 involves the purchase of two parcels containing an indicated resource of 122,211 ounces of gold at a cut-off grade of 0.005 ounces per ton. The initial payment for this phase includes USD $50,000 upon the execution of the LOI, followed by 10% of the purchase price within 60 days of the Definitive Agreement.

Phase 2 of the acquisition includes additional titles with an indicated resource of 596,535 ounces of gold from approximately 50.7 million tonnes. The total property spans 1,680 acres and is strategically located near the Salton Sea, enhancing its logistical and operational potential.

This acquisition marks a pivotal step for NatBridge Resources Ltd. as it seeks to expand its portfolio and leverage the promising gold resources of the Cahuilla project. The company’s market capitalization stands at 28,402,254 CAD, with a close price of 0.47 CAD as of August 7, 2025. The stock has experienced fluctuations over the past year, reaching a 52-week high of 0.8 CAD on July 14, 2025, and a low of 0.095 CAD on October 3, 2024.

NatBridge Resources Ltd. continues to focus on the exploration and extraction of gold, aligning with its core operations and strategic objectives. This acquisition is expected to bolster the company’s resource base and contribute to its long-term growth and value creation for shareholders.