New Earth Resources Provides Update on Private Placement
1
New Earth Resources Provides
Update on Private Placement
June 22, 2026 | Source: New Earth Resources Corp.
Vancouver, British Columbia--(June 22, 2026) - NEW EARTH RESOURCES CORP. (CSE: EATH)
("New Earth " or the " Company") is pleased to provide an update respecting its previously
announced (see the Company’s news release dated May 29, 2026) non-brokered private
placement (the “Offering”) under which it will raise aggregate gross proceeds of up to $ 500,000
through the issuance of up to 4,166,667 units (each, a “Unit”) at a price of $0. 12 per Unit. Each
Unit will consist of one Class A common share (each, a “Share”) and one Share purchase warrant
(each, a “Warrant”, entitling the holder to purchase one Share at a price of $0.18 for five years from
the date of issuance).
New Earth continues to make progress on the Offering, the terms of which are unchanged and
which is expected to close in early July. The Company intends to use the proceeds from the Offering
for general working capital, mineral property exploration and marketing/IR services. The Company
may pay finder's fees and may issue finder’s warrants in connection with the Offering. Securities
issued under the Offering will be subject to a four month hold period in accordance with applicable
Canadian securities laws. Insiders of the Company may participate in the Offering.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities described in this news release in the United States. Such securities have not been, and
will not be, registered under the United States Securi ties Act of 1933, as amended (the “U.S.
Securities Act”), or any state securities laws, and, accordingly, may not be offered or sold within
the United States, or to or for the account or benefit of persons in the United States or “U.S.
Persons”, as such te rm is defined in Regulation S promulgated under the U.S. Securities Act,
unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to
an exemption from such registration requirements.
About the Company
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, Ariz ona, USA. Consisting of
14 lode claims spanning approximately 273 acres and contiguous state lease mineral land of
approximately 268 acres, the Lucky Boy Project totals approximately 541 acres and covers a small
open pit and underground workings that produced uranium in the 1950's, and again in the 1970's.
The Company also has the option to acquire a 100% interest in 23 claims covering approximately
1,102 hectares in the Strange Lake area of Quebec, Canada, known as the "SL Project", which is
prospective for rare earth elements. In addition, the Company has the option to acquire a 100%
2
interest in the Red Wine Rare Earth Project, comprising 2 non -contiguous mineral claims located
in Labrador, Canada covering approximately 1,575 hectares.
For further information, please refer to the Company’s website at
www.newearthresourcescorp.com or the Company's disclosure record on SEDAR+
(www.sedarplus.ca), or contact the Company by email at [email protected].
On Behalf of the Board of Directors "Lawrence Hay" President and CEO Tel: 778.317.8754
Email: [email protected].
Forward-Looking Information
Certain statements in this news release are forward -looking statements, including with respect to
future plans, and other matters. Forward -looking statements consist of statements that are not
purely historical, including any statements regarding beliefs, plans, expectations or intentions
regarding the future. Such information can generally be identified by the use of forwarding-looking
wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the
negative thereof or s imilar variations. The reader is cautioned that assumptions used in the
preparation of any forward-looking information may prove to be incorrect. Events or circumstances
may cause actual results to differ materially from those predicted, as a result of num erous known
and unknown risks, uncertainties, and other factors, many of which are beyond the control of the
Company, including but not limited to, business, economic and capital market conditions, the ability
to manage operating expenses, and dependence on key personnel. Such statements and
information are based on numerous assumptions regarding present and future business strategies
and the environment in which the Company will operate in the future, anticipated costs, and the
ability to achieve goals. Factors that could cause the actual results to differ materially from those
in forward-looking statements include, the continued availability of capital and financing, litigation,
failure of counterparties to perform their contractual obligations, loss of k ey employees and
consultants, and general economic, market or business conditions. Forward -looking statements
contained in this news release are expressly qualified by this cautionary statement. The reader is
cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news
release. Except as required by law, the Company disclaims any intention and assumes no
obligation to update or revise any forward -looking statements, whether as a result of new
information, future events or otherwise.
.