On January 17, 2024, Terra Balcanica Resources Corp. closed the transaction. The company issued 1,200,000 shares at an issue price of CAD 0.04 per share for gross proceeds of CAD 48,000 under final tranche.

All securities issued and issuable in connection with the closing of the final tranche of the Private Placement will be subject to a four (4) month hold period ending May 17th, 2024. There were no finders? fees paid in any of the tranches of the Offering.