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Terra Clean Energy Corp. Closes $2.5 Million Private Placement

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Terra Clean Energy Corp. Closes $2.5 Million Private Placement

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The latest update is out from Tisdale Resources Corp ( (TSE:TCEC) ).

Terra Clean Energy Corp. has successfully closed a non-brokered private placement offering, raising approximately $2.5 million through the issuance of over 17 million units. The funds will be utilized for the purchase of Utah claims, exploration and development costs, and general corporate purposes. The offering was completed under the listed issuer financing exemption, allowing the units to be free from a hold period under Canadian securities laws. The company also paid finders’ fees in cash and warrants.

More about Tisdale Resources Corp

Terra Clean Energy Corp. is a Canadian-based uranium exploration and development company. It is focused on developing the South Falcon East uranium project in Saskatchewan, Canada, and past producing uranium mines in Utah, United States.

Average Trading Volume: 228,771

Technical Sentiment Signal: Sell

Current Market Cap: C$4.68M

See more insights into TCEC stock on TipRanks’ Stock Analysis page.

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