Newterra Resources Inc. announced that it has accepted the resignation of Mr. Gerald Carlson for personal reasons from its Board of Directors. The Company thanks Mr. Carlson for
his services. Mr. Carlson has been a director of the Company since its inception in 2021 and provided valuable guidance and support during its IPO process. Newterra Resources also announces the appointment of Mr. Matthew Coltura to the Board as an independent director. Mr. Coltura, B.BA, a self-employed mortgage broker and investor relations associate, is a seasoned finance professional with several years of experience spanning capital markets, real estate and lending across a variety of industries. He has a direct focus on business
development, raising capital and building strategic relationships.