Terra Clean Closes $2.5 Million Life Offering
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES
TERRA CLEAN CLOSES $2.5 MILLION LIFE OFFERING
Vancouver B.C., November 5, 2025 – TERRA CLEAN ENERGY CORP. (“Terra” or the “Company”)
(CSE: TCEC, OTCQB: TCEFF, FSE: C9O0) is pleased to announce , that further to its news release
dated October 20, 2025, the Company has closed its non -brokered private placement offering
(the “Offering”) issuing a total of 17,641,293 units of the Company (“ Units”) for gross proceeds
of $2,469,781.02. Each Unit consists of one common share in the capital of the Company (a
“Common Share”) and one-half of one common share purchase warrant (each whole warrant, a
“Warrant”). Each Warrant entitles the holder to purchase one Common Share at an exercise price
of C$0.17 for a period commencing 60 days following completion of the Offering until the date
that is 36 months following the completion of the Offering.
The Company intends to use the net proceeds of the Offering to fund a portion of the purchase
price of the Utah claims, for future exploration and development costs and general working
capital and corporate purposes.
Subject to compliance with applicable regulatory requirements and in accordance with National
Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), the Units w ere offered pursuant to
the listed issuer financing exemption under Part 5A of NI 45 -106, as amended by Coordinated
Blanket Order 45 -935 – Exemptions from Certain Conditions of the Listed Issuer Financing
Exemption (collectively, the "Listed Issuer Financing Exemption"). As the Offering was completed
pursuant to the Listed Issuer Financing Exemption, the Units issued pursuant to the Offering will
not be subject to a hold period pursuant to applicable Canadian securities laws.
The Company paid finders’ fees to certain arm’s length finders comprising of : (i) total cash of
$116,359.60; and; and (ii) 831,140 non-transferrable finder warrants of the Company exercisable
to acquire Common Shares, at an exercise price of C$ 0.14 per Common Share for a period of 36
months from the Closing Date.
No U.S. Offering or Registration
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall
there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or
sale would be unlawful, including any of the securitie s in the United States. The securities
described herein have not been, and will not be, registered under the United States Securities
Act of 1933, as amended (the "1933 Act") or any state securities laws and may not be offered or
sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in
Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state
securities laws, or an exemption from such registration requirements is available.
About Terra Clean Energy Corp.
Terra Clean Energy Corp. is a Canadian-based uranium exploration and development company.
The Company is currently developing the South Falcon East uranium project, which holds a 6.96M
pound inferred uranium resource within the Fraser Lakes B Deposit, located in the Athabasca
Basin region, Saskatchewan, Canada as well as past producing uranium mines in Utah, United
States.
ON BEHALF OF THE BOARD OF TERRA CLEAN ENERGY CORP.
“Greg Cameron”
Greg Cameron, CEO
Qualified Person
The technical information in this news release has been prepared in accordance with the
Canadian regulatory requirements set out in National Instrument 43-101, reviewed and approved
on behalf of the company by C. Trevor Perkins, P.Geo., the Company’s Vice President,
Exploration, and a Qualified Person as defined by National Instrument 43-101.
*The historical resource is described in the Technical Report on the South Falcon East Property,
filed on sedarplus.ca on February 9, 2023. The Company is not treating the resource as current
and has not completed sufficient work to classify the resource a s a current mineral resource.
While the Company is not treating the historical resource as current, it does believe the work
conducted is reliable and the information may be of assistance to readers.
Forward-Looking Information
This news release contains forward-looking information which is not comprised of historical facts.
Forward-looking information is characterized by words such as “plan”, “expect”, “project”,
“intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain
events or conditions “may” or “will” occur. Forward -looking information involves risks,
uncertainties and other factors that could cause actual events, results, and opportunities to differ
materially from those expressed or implied by such forward -looking information, including
statements regarding the Offering and the potential development of mineral resources and
mineral reserves which may or may not occur. Factors that could cause actual results to differ
materially from such forward-looking information include, but are not limited to, changes in the
state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required
regulatory or governmental approvals, and general economic and political condit ions. Forward-
looking information in this news release is based on the opinions and assumptions of
management considered reasonable as of the date hereof, including that all necessary approvals,
including governmental and regulatory approvals will be recei ved as and when expected.
Although the Company believes that the assumptions and factors used in preparing the forward-
looking information in this news release are reasonable, undue reliance should not be placed on
such information. The Company disclaims a ny intention or obligation to update or revise any
forward-looking information, whether because of new information, future events or otherwise,
other than as required by applicable laws. For more information on the risks, uncertainties and
assumptions that could cause our actual results to differ from current expectations, please refer
to the Company’s public filings available under the Company’s profile at www.sedarplus.ca.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of
the CSE) accepts responsibility for the adequacy or accuracy of this release.
For further information please contact:
Greg Cameron, CEO
416-277-6174
Terra Clean Energy Corp
Suite 303, 750 West Pender Street
Vancouver, BC V6C 2T7
www.tcec.energy