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Terra Balcanica Confirms Epithermal Gold And Porphyry Copper Targets At Ceovishte In Serbia And Closes First Tranche Of Financing

PRIVATEMay 08, 2023

Round Type

Funding Round

Mining

Description

Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce positive assay results from surface rock chip and soil sampling at its 80.4 km2 Ceovishte license in southern Serbia and closing of the 1st tranche of the previously announced non-brokered private placement financing of units (the ”Units”) for gross proceeds of $404,650 (the “Offering”).

Quick answer

Terra Balcanica Resources Corp raised an undisclosed amount in a Funding Round round, dated May 8, 2023.

How much did Terra Balcanica Resources Corp raise?
Terra Balcanica Resources Corp raised an undisclosed amount in a Funding Round round on May 8, 2023.
What does Terra Balcanica Resources Corp do?
Terra Balcanica is a polymetallic exploration company targeting large-scale mineral systems in the highly prolific Western Balkans.
Where is Terra Balcanica Resources Corp based and how big is it?
Fundz records about 5 employees.
Who are the decision-makers at Terra Balcanica Resources Corp?
Fundz holds 1 contact at Terra Balcanica Resources Corp. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mining around the same time

Companies in the same sectors as Terra Balcanica Resources Corp that raised within 45 days of this round, from Fundz verified event records.

  • SOS raised $7.6M (Funding Round) on June 22, 2023.
  • Coeur Mining raised $19M on June 21, 2023.
  • Cosa Resources raised $545K (Seed) on June 21, 2023.
  • Minera Mar de Plata raised $982 (Seed) on June 20, 2023.
  • Blue Sky Uranium raised $27K (Seed) on June 19, 2023.
  • Blue Moon Metals raised an undisclosed amount (Funding Round) on June 15, 2023.

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Company Information

Company

Terra Balcanica Resources Corp

About

Terra Balcanica is a polymetallic exploration company targeting large-scale mineral systems in the highly prolific Western Balkans. The Company has 90% interest in the 216 km2 Viogor-Zanik Project in eastern Bosnia and Herzegovina and 100% of the 50 km2 Kaludra and 80 km2 large Ceovishte mineral exploration licence in southern Serbia. The Company emphasizes responsible engagement with local communities and stakeholders. It is committed to proactively implementing Good International Industry Practice (GIIP) and sustainable health, safety and environmental management.

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Terra Balcanica Resources Corp raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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