Terra Balcanica Resources Corp. (the “Company”) is pleased to announce that it has received final approval to list its common shares (the “Common Shares“) on the Canadian Securities Exchange (the “CSE”). The Common Shares will commence trading under the trading symbol “TERA’ on June 20th, 2022.
The Company is a mineral exploration company principally engaged in the exploration and development of its advanced exploration property located in eastern Bosnia and Herzegovina. The Company also seeks to identify, investigate, evaluate and acquire other mineral property opportunities located in the Balkan region of Eastern Europe, and currently has one mineral property under option in Serbia, as well as an additional application for a mineral exploration license in Serbia. It is the intention of the Company to build a portfolio of properties in the Balkan region.
For further information concerning the Company and its business, please see the long form prospectus dated June 1, 2022 (the “Prospectus”) supporting its application for listing on the CSE. A copy of the Prospectus was filed under the Company’s profile at www.sedar.com.
In connection with the CSE listing, the Company also announces that 3,900,000 incentive stock options (the “Options”) were granted to directors, officers and consultants of the Company in accordance with the Company’s stock option plan (the “Option Plan”), as described in the Prospectus. The Options have an exercise price of $0.20 per Common Share and are exercisable for a period of five years from the date of listing.
