Terra Balcanica Announces Private Placement Financing (opens original article in a new tab)

Terra Balcanica announces a private placement to raise up to C$750,000 through 15 million units at C$0.05 each, with proceeds for a UK listing, geophysical survey, and drilling in Bosnia and Herzegovina.

• Terra Balcanica Resources Corp. plans a private placement to raise up to C$750,000 through 15,000,000 units at C$0.05 each.
• Proceeds will fund a UK stock exchange listing, a geophysical survey at Cumavici, and Phase IV drilling in Bosnia and Herzegovina.
• Units include common shares and warrants, with a 24-month exercise period for additional shares.