Terra Clean Announces Life Offering

Core Viewpoint - Terra Clean Energy Corp. is initiating a non-brokered private placement to raise funds for various corporate purposes, including the purchase of Utah claims and future exploration costs [1][2]. Group 1: Offering Details - The private placement will consist of a minimum of 10,000,000 units and up to 19,520,350 units, priced at C$0.14 per unit, aiming for gross proceeds of C$1,400,000 to C$2,732,849 [1]. - Each unit includes one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of one common share at C$0.17 for 36 months post-offering [1]. - The offering is expected to close around November 4, 2025, pending regulatory approvals [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated towards the purchase price of Utah claims, future exploration and development costs, and general working capital [2]. Group 3: Regulatory Compliance - The offering will comply with National Instrument 45-106, allowing units to be sold in Canadian provinces and territories, excluding Quebec, without a hold period under Canadian securities laws [3]. - An offering document is available on SEDAR+ and the company's website for prospective investors [3]. Group 4: Company Overview - Terra Clean Energy Corp. is focused on uranium exploration and development, currently working on the South Falcon East uranium project, which has an inferred resource of 6.96 million pounds of uranium [6].