Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An announcement from Terra Balcanica Resources Corp. ( (TSE:TERA) ) is now available.
Terra Balcanica Resources Corp. announced a non-brokered private placement to raise up to C$400,000 through the issuance of 4,000,000 units at C$0.10 per unit. Each unit comprises one common share and a warrant to purchase an additional share at C$0.15 for 36 months. The funds will be used for land holding costs, project payments, further drilling in the Balkans, and general corporate purposes. The private placement is subject to regulatory approvals and is expected to close by February 7, 2025. This move is likely to bolster Terra Balcanica’s exploration efforts and strengthen its financial position in the industry.
More about Terra Balcanica Resources Corp.
Terra Balcanica Resources Corp. is a polymetallic and energy metals exploration company focusing on large-scale mineral systems in the Balkans of southeastern Europe and northern Saskatchewan, Canada. The company holds a 90% interest in the Viogor-Zanik Project in eastern Bosnia and Herzegovina and has a 100% optioned portfolio of uranium-prospective licenses near the Athabasca basin in Canada. Terra Balcanica emphasizes responsible community engagement and sustainable practices.
YTD Price Performance: 42.86%
Average Trading Volume: 85,723
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$4.66M
See more data about TERA stock on TipRanks’ Stock Analysis page.
