TERRA BALCANICA ANNOUNCES PRIVATE PLACEMENT FINANCING Vancouver, British Columbia – June 24th, 2026 – Terra Balcanica Resources Corp. (“Terra” or
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 PRIVATE PLACEMENT FINANCING
Vancouver, British Columbia – June 24th, 2026 – Terra Balcanica Resources Corp. (“Terra” or
the “Company”) (CSE:TERA; FRA:UB1; OTCQB:TEBAF) is pleased to announce the intent
to complete a non-brokered private placement (the “Private Placement”) for gross proceeds of up
to C$750,000 through the issuance of up to 15,000,000 units (each a “ Unit”) at a purchase price
of C$0.05 per Unit. Each Unit will be comprised of one common share in the capital of the
Company (“Common Share”) and a Common Share purchase warrant (“ Warrant”) to purchase
an additional one common share of the Company (“ Warrant Share ”) at an exercise price of
C$0.10 per Warrant Share for a period of 24 months from the closing date of the Private Placement
(the “Closing Date”).
The Units will be offered by way of prospectus exemptions in Canada, in the United States
pursuant to available exemptions from the registration requirements and in certain jurisdictions
outside of Canada and the United States , as determined by the Company. The Common Shares,
Warrants and Warrant Shares, if issued within four months of the Closing Date, will be subject to
a hold period of four months plus one day from the Closing Date in accordance with applicable
Canadian securities laws and the policies of the Canadian Securities Exchange if applicable. The
Closing Date is expected to occur on or before July 17th, 2026, subject to certain conditions ,
including any requisite approval of the Canadian Securities Exchange and certain other customary
conditions including, but not limited to, execution of subscription agreements between the
Company and the subscribers. In certain circumstances, the Company may pay finder’s fee s in
cash and warrants on a portion of the Private Placement. The Company intends to use the proceeds
of the Private Placement to pay for: i) the costs of a UK stock exchange listing, ii) executing a
ground geophysical survey at the Cumavici target , and iii) commencing the Phase IV drill ing
program at Cumavici within its Viogor project in Bosnia and Herzegovina.
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.
About the Company
Terra Balcanica is a silver and antimony -focused polymetallic exploration company targeting
large-scale mineral systems in the Balkans of southeastern Europe . The Company has 100%
interest in the Viogor Project in eastern Bosnia and Herzegovina. Terra owns a 48% stake in Terra
North Resources Corp. and its Canadian assets that comprise a 100% optioned portfolio of
uranium-prospective claims surrounding the world- renowned Athabasca basin. The Company
emphasizes responsible engagement with local communities and sta keholders. It is committed to
CSE: TERA | FRA: UB10 #1100 – 1111 Melville Street, Vancouver, BC, Canada V6E 3V6
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.