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The latest announcement is out from Terra Balcanica Resources Corp. ( (TSE:TERA) ).
Terra Balcanica Resources Corp. has successfully closed an oversubscribed private placement financing, raising a total of $571,000 CAD. The funds will be used for land holding costs, project payments, and working capital. Additionally, the company has granted 2,900,000 incentive stock options to officers, employees, advisors, and consultants, with 500,000 options allocated to Paradox Public Relations Inc. This strategic move is expected to bolster Terra’s operational capabilities and strengthen its market position.
More about Terra Balcanica Resources Corp.
Terra Balcanica Resources Corp. operates in the resource sector, focusing on exploration and development projects. The company is involved in acquiring and managing land holdings and projects, aiming to enhance its portfolio and market presence.
YTD Price Performance: 50.0%
Average Trading Volume: 123,415
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$4.19M
Learn more about TERA stock on TipRanks’ Stock Analysis page.