Terra Clean Energy Announces Changes to Management
Terra Clean Energy Announces Changes to Management
Vancouver B.C., January 2, 2025 – TERRA CLEAN ENERGY CORP. (“Terra” or the “ Company”)
(CSE: TCEC, OTCQB: TCEFF, FSE: C9O0, is pleased to announce the appointment of Greg Cameron
as President and Chief Executive Officer and C. Trevor Perkins as Vice President, Exploration of
the Company effective immediately. The appointment of Mr. Cameron follows the resignation
of Alex Klenman as President and Chief Executive Officer, with Mr. Klenman continuing to serve
as a member of the Board of Directors of the Company.
Mr. Cameron has extensive experience and knowledge in business development, strategy,
acquisitions and divestitures as well as corporate restructurings. He is a former Senior Investment
Banker and held senior positions at leading Canadian and International Investment Banks
including Canaccord Genuity, Orion Securities and Macquarie. He currently is the Managing
Director of Colby Capital Limited, a private merchant bank in Toronto. Mr. Cameron has over two
decades of high-level experience in the capital markets, serving on numerous public and private
company boards from startup s to season ed public companies. “I’m excited to lead Terra and
begin an aggressive development plan of the South Falcon uranium deposit.” said Mr. Cameron,
CEO. “We believe strongly that our upcoming exploration program will allow us to increase both
the size and grade of the current deposit. With renewed optimism in the uranium sector and
fresh capital to deploy we believe the timing is right to create a lot of value.”
Mr. Perkins is a Professional Geologist with wide -ranging experience in planning and executing
mineral exploration programs and managing exploration teams. He brings a proven track record
in uranium exploration that includes significant results. During his three-decade career, Trevor
has fulfilled roles as Exploration Manager, UEX Corporation, Vice President, Exploration, Cameco
Mongolia, District Geologist – Europe and Asia, Cameco Corporation, Senior Geologist, Rio Tinto
Senior Project Geologist, Cameco Australia, and Project Geologist, Cameco Corporation in the
Athabasca Basin, Saskatchewan . As Project Geologist for the McA rthur River project, he led a
team that discovered the McArthur River North Extension zones and as Senior Project Geologist
for Cameco Australia, led a team that discovered the Angulari Uranium Deposit. Most recently
Mr. Perkins was a technical advisor for the company and is currently the Vice President,
Exploration for Azincourt Energy Corp. “I am very excited to move into this new r ole with Terra
Clean Energy,” commented Mr. Perkins, Vice President, Exploration. “This is an exciting time for
the company . I am eager to move forward with our South Falcon East Project and look for
opportunities to expand our exploration portfolio”.
The Company also announces a n award of 2,075,000 restricted share units (each, an "RSU")
pursuant to its Omnibus Incentive Plan to directors, officers and consultants of the Company.
Each RSU entitles the recipient to receive one common share of the Company o n vesting. The
RSUs vest on the date that is one year from the date of grant. The grant of RSUs remains subject
to the receipt of all regulatory approvals, including the approval of the Canadian Securities
Exchange.
About Terra Clean Energy Corp.
Terra Clean Energy (formerly Tisdale 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
uranium/thorium deposit, located in the Athabasca Basin region, Saskatchewan, Canada.
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 and reviewed on
behalf of the company by C. Trevor Perkins, P.Geo., the Company’s Vice President, Exploration
for the Company, 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 wo rds, 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 ability of the Company to satisfy regulatory, stock exchange and
commercial closing conditions of the grant of RSUs , 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
conditions. 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 received as and
when expected. Although the Company believes that the assumptions and fac tors 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 any intention or obligation to
update or revise any forward -looking information, whet her 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
Terra Clean Energy Corp
Suite 2200, HSBC Building, 885 West Georgia St.
Vancouver, BC V6C 3E8 Canada
www.tcec.energy