Terra Balcanica Announces Share Consolidation Effective Date
CSE: TERA | FRA: UB1 #250 – 200 Burrard Street, Vancouver, BC, Canada V6C 3L6
TERRA BALCANICA ANNOUNCES SHARE CONSOLIDATION EFFECTIVE DATE
Vancouver, British Columbia – May 15th, 2024 – Terra Balcanica Resources Corp. (“Terra” or
the “Company”) (CSE:TERA; FRA:UB1) announces that, further to the Company's press release
on May 8th, 2024, the consolidation of the outstanding common shares of the Company (each, a
“Common Share”) on the basis of one post -Consolidation Common Share for every three pre-
Consolidation Common Shares is anticipated to be made effective for trading purposes on Friday,
May 17th, 2024 (the “Effective Date”). It is anticipated that the Common Shares will begin trading
on the CSE on a post-Consolidation basis at market open on the Effective Date. The new CUSIP
of the Common Shares will be 88089G202 and the new ISIN will be CA88089G2027.
Shareholders with physical certificates will receive a letter of transmittal from Computershare
Trust Company of Canada, the Company’s transfer agent. All registered shareholders will be
required to send their certificate(s) representing pre -Consolidation shares, along with a properly
executed letter of transmittal, to the Company's transfer agent, in accordance with the instructions
provided in the letter of transmittal. Shareholders who hold their shares through a broker,
investment dealer, bank or trust company should contact that nominee or intermediary on the
procedures for processing the Consolidation of their shares, and for determining their post -
Consolidation positions. Further details regarding the Consolidation are provided in the press
release of the Company dated May 8th, 2024.
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 Saskatchewan, Canada. The
Company has 90% interest in the Viogor -Zanik Project in eastern Bosnia and Herzegovina and
owns 100% of the Ceovishte mineral exploration licence in southern Serbia. The Canadian assets
comprise a 100% optioned portfolio of uranium-prospective licences at the outskirts of the world-
renowned Athabasca basin: Charlot-Neely Lake, Fontaine Lake, Snowbird 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.
CSE: TERA | FRA: UB1 #250 – 200 Burrard Street, Vancouver, BC, Canada V6C 3L6
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 Consolidation. These statements
involve known and unknown risks, uncer tainties 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
Consolidation. Such forward-looking statements should 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.