Terra Balcanica Announces Life Offering
CSE: TERA | FRA: UB10 #1100 – 1111 Melville Street, Vancouver, BC, Canada V6E 3V6
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES
TERRA BALCANICA ANNOUNCES LIFE OFFERING
Vancouver, British Columbia – April 16th, 2025 – Terra Balcanica Resources Corp. (“Terra” or
the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce that it intends to complete a
non-brokered, listed issuer financing exemption private placement (the “Private Placement”) for
minimum gross proceeds of C$750,000, and maximum gross proceeds of up to C $1,117,495
through the issuance of up to 11,174,950 units (each a “Unit”) at a purchase price of C$0.10 per
Unit. Each Unit will be comprised of one common share in the capital of the Company (“Common
Share”) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant”).
Each Warrant is exercisable to purchase one Common Share (“Warrant Share”) at an exercise
price of C$0.20 per Warrant Share for a period of 24 months from the closing date of the Private
Placement (the “Closing Date”).
Subject to compliance with applicable regulatory requirements, the Private Placement is being
conducted pursuant to the listed issuer financing exemption under Part 5A of National Instrument
45-106 – Prospectus Exemptions. The securities issued to purchasers in the Private Placement will
not be subject to a hold period under applicable Canadian securities laws . There is an offering
document related to the Private Placement that can be accessed under the Company’s profile at
www.sedarplus.ca and on the Company’s website at www.terrabresources.com . Prospective
investors should read this offering document before making an investment decision.
The closing of the Private Placement is expected to occur on or about April 28 th, 2025. The
Company may pay finder’s fees to eligible parties who locate investors to participate in the Private
Placement. The Private Placement is subject to the approval of the Canadian Securities Exchange.
The Company intends to use the proceeds of the Private Placement to continue drilling the
Company’s portfolio of mineral exploration properties in the western Balkans and for working
capital purposes, as further described in the offering document.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any of the
securities in the United States. The securities have not been and will not be registered under the
United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities
laws and may not be offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an exemption from such
registration is available.
Debt Settlement
The Company also announces that, further to its press release dated March 12 th, 2025, it has
completed its debt settlement with an arm’s length creditor by issuing 166,666 common shares of
the Company at a deemed issue price of $0.09 per common share to settle outstanding debt in the
amount of $15,000. The common shares are subject to a four -month hold period in accordance
with applicable securities laws.
CSE: TERA | FRA: UB10 #1100 – 1111 Melville Street, Vancouver, BC, Canada V6E 3V6
About the Company
Terra Balcanica is a polymetallic and energy metals exploration company targeting large -scale
mineral systems in the Balkans of southeastern Europe and norther n Saskatchewan, Canada. The
Company has a 90% interest in the Viogor-Zanik Project in eastern Bosnia and Herzegovina. The
Canadian assets comprise a 100% optioned portfolio of uranium -prospective licences at the
outskirts of the Athabasca basin: Charlot -Neely Lake, Fontaine Lake, Snowbird, and South
Pendleton. The Company emphasizes responsible engagement with local communities and
stakeholders. It is committed to proactively implementing Good International Industry Practice
(GIIP) and sustainable health, safety, and environmental management.
ON BEHALF OF THE BOARD OF DIRECTORS
Terra Balcanica Resources Corp.
“Aleksandar Mišković”
Aleksandar Mišković
President and CEO
For the complete information on this news release, please contact Aleksandar Mišković at
[email protected], +1 (514) 796-7577 or visit www.terrabresources.com/en/news.
Cautionary Statement
This news release contains certain forward -looking information and forward-looking statements
within the meaning of applicable securities legislation (collectively “ forward-looking
statements”). The use of any of the words “will”, “intends” and similar expressions are intended
to identify forward-looking statements. Forward-looking statements contained in this press release
include, but are not limited to, the terms and completion of the Private Placement, the anticipated
Closing Date, the payment of finder’s fees and the use of proceeds for the Private Placement .
These statements involve known and unknown risks, uncertainties and other factors that may cause
actual results or events to differ materially from those anticipated in such forward -looking
statements. These forward-looking statements are based on a number of assumptions which may
prove to be incorrect including, but not limited to, the ability to obtain regulatory approval for the
Private Placement; the state of the equity financing markets in Canada and other jurisdictions;
volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations;
and fluctuations in metal prices . Such forward-looking statements s hould not be unduly relied
upon. Actual results achieved may vary from the information provided herein as a result of
numerous known and unknown risks and uncertainties and other factors. The Company believes
the expectations reflected in those forward -looking statements are reasonable, but no assurance
can be given that these expectations will prove to be correct. The Company does not undertake to
update these forward-looking statements, except as required by law.