Origen Resources Advances Acquisition of Brazilian Rare Earths Project

Reuters
2025/12/18
Origen Resources Advances Acquisition of <a href="https://laohu8.com/S/BRELY">Brazilian Rare Earths</a> Project

Origen Resources Inc. is moving forward with the acquisition of two exploration licenses covering 3,978 hectares in Piauí State, Brazil, following the successful completion of due diligence fieldwork. The company will acquire a 90% interest in the property by paying $50,000 USD to the vendors and issuing 2,000,000 shares. Origen also commits to $1,000,000 in exploration expenditures within two years after the due diligence period. Upon completion of this period, the vendors will receive additional shares equal to 15% of Origen’s outstanding shares, including the initial 2,000,000 shares, and a board seat. The agreement also gives Origen a right of first refusal on five additional exploration concessions in the region. Initial fieldwork included soil and rock sampling, XRF analysis, and SEM analysis, which confirmed the presence of rare earth element minerals in sandstone and siltstone.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Origen Resources Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 278494) on December 18, 2025, and is solely responsible for the information contained therein.

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