Terra Balcanica Seeks Funding Through Private Placement

Terra Balcanica Resources Corp. (TSE:TERA) has released an update.

Terra Balcanica Resources Corp. has announced a non-brokered private placement aiming to raise C$600,000 by issuing 6 million units at C$0.10 each, with additional purchase warrants. The funds will support the company’s mineral exploration projects in the western Balkans and for general corporate purposes, with the placement expected to close by June 14, 2024. This financial move is designed to bolster Terra Balcanica’s exploration activities in Europe and Canada while adhering to local community and stakeholder engagement principles.

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