The TSX Venture Exchange has accepted for filing documentation pertaining to an arm's-length amending agreement between Oreterra Metals Corp. and an arm's-length party, Enduro Metals Corp. Pursuant to the agreement, the optionee will have an option to acquire up to 50 per cent of the 2-per-cent net smelter return (NSR) royalty interest held by the company in the optionee's Newmont Lake project.

In order to exercise the option on the NSR, the optionee must pay to the company: (i) $550,000 in cash over a period of two years, $250,000 of which may be payable in cash or common shares during the term (at the optionee's discretion); and (ii) 3.9 million common shares.

Additionally, the optionee may have to pay to the company additional future consideration for an aggregate amount of $22-million based on certain milestones.

Upon exercise of the option, the company will retain a 1.0-pepr-cent NSR on the property.

For further details, please refer to the company's news releases dated April 27, 2026, May 29, 2026, and June 18, 2026.