Terra Rossa Gold Ltd. Announces Update to Investor Marketing Engagements

Terra Rossa discloses new IR contracts with clear fees and short-term commitments.

What the company is saying

Terra Rossa Gold Ltd. (TSXV:TRR, OTCQB:TRGXF) has signed an investor relations agreement with Adelaide Capital Markets to provide investor marketing and communications services. The contract specifies a fee of C$7,500 per month plus applicable taxes, with no stock options or other securities granted as compensation. The agreement starts September 30, 2026, runs for three months until December 30, 2026, and then continues month-to-month unless terminated. Adelaide Capital is described as an arm’s-length party, principally owned by Deborah Honig, and neither it nor its employees currently own shares in Terra Rossa. The agreement is subject to TSX Venture Exchange approval. Terra Rossa has also amended its engagement with Access Capital Partners Inc., now paying a total cash fee of $15,000 in four monthly instalments of $3,750 plus taxes, also pending exchange approval.

What the data suggests

The company is committing to two investor relations contracts with defined, modest cash outlays: C$7,500 per month to Adelaide Capital and $15,000 to Access Capital Partners, paid in four $3,750 instalments. No equity or options are being issued as part of either agreement, limiting dilution risk. Both contracts are short-term and contingent on TSX Venture Exchange approval, meaning no payments are due until regulatory sign-off. The announcement does not disclose any operational, exploration, or financial performance data beyond these IR contract terms. The company’s main project focus remains the Vetas gold project in Colombia, but this update contains no new information on project progress or results.

Analysis

The announcement is a factual disclosure of new and amended investor relations and consulting agreements, including all relevant terms, fees, and parties. There is no promotional or exaggerated language regarding the impact of these agreements, and no claims are made about future operational or financial performance. The only forward-looking elements are the requirement for TSX Venture Exchange approval and the description of services to be provided, both of which are standard and not overstated. No large capital outlay or long-dated benefit is involved; the disclosed fees are modest and relate to routine corporate functions. The gap between narrative and evidence is negligible, as all claims are directly supported by the disclosed contract terms.

Risk flags

• ●Both agreements require TSX Venture Exchange approval, so there is a risk that regulatory sign-off could be delayed or denied, which would prevent the contracts from taking effect and delay any intended investor relations activities.
• ●The contracts represent a recurring cash outflow (C$7,500 per month to Adelaide Capital and $3,750 per month to Access Capital Partners), which, while modest, adds to fixed costs without guaranteed outcomes in investor engagement or capital raising.
• ●There is no disclosure of performance metrics or deliverables tied to these IR contracts, so the effectiveness of the marketing spend cannot be independently assessed from this announcement.

Bottom line

This is a straightforward disclosure of two investor relations contracts with Adelaide Capital Markets and Access Capital Partners, each with clear, short-term cash commitments and no equity or option compensation. Both agreements are pending TSX Venture Exchange approval, meaning no immediate financial impact until regulatory sign-off. The announcement contains no operational or exploration data, so it does not change the investment case for Terra Rossa beyond confirming ongoing efforts to increase market visibility. Investors should watch for regulatory approval and, more importantly, for future updates on the Vetas gold project or tangible outcomes from these IR activities. The most actionable takeaway is that Terra Rossa is spending modest sums to boost investor awareness, but the value of this spend will depend entirely on future operational progress and market response.

Announcement summary

(TSXV:TRR, OTCQB:TRGXF) Terra Rossa Gold Ltd. has entered into an investor relations agreement with Adelaide Capital Markets to provide investor relations and consulting services. Adelaide Capital will assist Terra Rossa with investor marketing and communications, including developing investor materials, coordinating non-deal roadshows, and virtual marketing initiatives. Under the agreement, Terra Rossa will pay Adelaide Capital a fee of C$7,500 per month plus applicable taxes. No stock options or other securities have been granted to Adelaide Capital in connection with this agreement. The agreement commences on September 30, 2026, for an initial term of three months ending December 30, 2026, and will continue on a month-to-month basis unless terminated according to its terms. Adelaide Capital is principally owned by Deborah Honig, is an arm’s-length party to Terra Rossa, and neither Adelaide Capital nor its employees currently own any shares of the company. The agreement is subject to approval by the TSX Venture Exchange. Terra Rossa has also amended its engagement with Access Capital Partners Inc., originally announced on August 25, 2026. The amended agreement with Access Capital Partners provides for a cash fee of $15,000, payable in four monthly instalments of $3,750 plus applicable taxes. The amended agreement with Access Capital Partners also remains subject to TSX Venture Exchange approval. Terra Rossa Gold Ltd. is a gold exploration and development corporation with a mine development team and local exploration and administration team in Colombia, as well as a community relations office in the town of Vetas. The company’s board and management are focused on the advanced exploration and subsequent development of the Vetas gold project. Carter Smith is the CEO and Director of Terra Rossa Gold Ltd.

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