Terra Balcanica announces the completion of the third tranche of its private placement, raising $129,000. The company plans to use the proceeds for land holding costs, project payments, and general corporate and working capital purposes.
The Company issued an aggregate of 1,290,000 Units at a price of $0.10 per Unit pursuant to the Offering of up to $400,000 announced on January 21”). Each Warrant issued in the first tranche of the Offering entitles the holder to purchase one Common Share at an exercise price of $0.15 until January 28, 2028. Finders’ fees in the amount of $6,930 were paid.
Pursuant to applicable Canadian securities laws, all securities issued and issuable in connection with the closing of the third tranche of the Offering are subject to a four month hold period ending May 29This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States.
Codelco plans to cut its so-called Scope 3 emissions, which are indirect emissions put out by its suppliers and the most difficult to reduce.The new agreement had not resulted in “any major changes, just a little tweaking of things here and there,” Botswana’s president Duma Boko says.
FINANCING MINERAL EXPLORATION SECURITIES CANADA BOSNIA
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