Terra Clean Energy Completes Share Issuance
Terra Clean Energy Completes Share Issuance
Vancouver B.C., June 10, 2025 – TERRA CLEAN ENERGY CORP. (“Terra” or the “Company”) (CSE:
TCEC, OTCQB: TCEFF, FSE: 9O0, is pleased to announce that further to its press release of June 2,
2025, the Company has issued 2,694,335 common shares to Skyharbour Resources Ltd. in
connection with an option agreement whereby the Company can earn up to a 75% interest in the
South Falcon East uranium project, Athabasca Basin, Saskatchewan, Canada (see press release
dated December 30, 2024 for full details of the earn-in).
The Company also announces an award of 300,000 restricted share units (each, an "RSU")
pursuant to its Omnibus Incentive Plan to a consultant of the Company. Each RSU entitles the
recipient to receive one common share of the Company on 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.
All common shares and RSUs issued are subject to a four month plus one day hold period from
the date of issuance in accordance with applicable securities laws.
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
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, 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 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 issuance of common shares to Skyharbour, 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 a nd 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 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 any intention or obligation to
update or revise any forward -looking information, whether because o f 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 303, 750 West Pender Street
Vancouver, BC V6C 2T7
www.tcec.energy