Terra Balcanica Announces Private Placement Financing

Executive Summary

• Terra Balcanica Resources Corp. announced the intent to complete a non‑brokered private placement for up to C$300,000 by issuing up to 6 million units at C$0.05 per unit.
• Each unit consists of one common share and one warrant to purchase an additional common share at C$0.10 exercisable for 24 months after closing.
• Proceeds are earmarked for land‑holding costs and renewal of mineral exploration properties in Bosnia and Herzegovina, with the closing expected on or before April 3 2026.

Key Details

• Offering Size: Up to C$300,000 gross proceeds.
• Units Offered: Up to 6,000,000 units at C$0.05 per unit.
• Unit Composition:
• 1 common share of Terra Balcanica Resources Corp.
• 1 warrant to purchase an additional common share at C$0.10 per share, exercisable for 24 months post‑closing.
• Closing Timeline: Expected on or before April 3 2026, subject to customary conditions and CSE approval.
• Hold Period: Units (and any shares/warrants issued within four months of closing) will be subject to a hold period of four months plus one day under Canadian securities law and CSE policies.
• Use of Proceeds: Primarily for land‑holding costs and renewal of exploration properties in Bosnia and Herzegovina.
• Finder’s Fees: Company may pay cash and/or warrant‑based finder’s fees on a portion of the placement.
• Regulatory Exemptions: Offered under prospectus exemptions in Canada, the United States (where applicable), and other jurisdictions as determined by the company.

Notable Quotes

• “We are pleased to announce this financing which will support our continued exploration activities in the Balkans.” – Aleksandar Mišković, President and CEO.