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Terra Balcanica Acquires 100% of Viogor Project in Bosnia and Announces Extension to Private Placement Financing
The deal gives Terra full control of the Viogor project and extends a financing that targets up to C$750,000 for exploration and working capital.
- Terra Balcanica Resources Corp. acquired the remaining 10% equity interest in its Bosnian subsidiary, Drina resources doo Srebrenica, securing full ownership of the Viogor polymetallic exploration project in eastern Bosnia and Herzegovina.
- The Republic of Srpska Ministry of Energy and Mines issued the exploration permit on May 20, 2026, valid for 3 years with provisions for extensions allowing up to 7 years of mineral exploration tenure.
- Terra announced an extension of its non-brokered private placement, initially disclosed on June 24, 2026, for gross proceeds of up to C$750,000, with the closing date extended to on or before October 8, 2026.
- Investors can purchase up to 15,000,000 units at C$0.05 per unit, each including a common share and a warrant exercisable at C$0.10 for 24 months; proceeds fund a geophysical survey and Phase IV drilling at Cumavici.
- The company holds a 39.5% stake in Terra North Resources Corp. and uranium-prospective claims surrounding the Athabasca basin, with operations led by President and CEO Aleksandar Miakovic.
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Terra Balcanica secures100% control of Viogor project,extends financin
Terra Balcanica Resources (TEBAF) has entered into an agreement to acquire the remaining 10% equity interest in its Bosnian subsidiary, Drina resources doo Srebrenica, giving the company 100% ownership of the Viogor polymetallic exploration project in
·Ra'anana, Israel
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The Toronto Star+8 Reposted by 8 other sources
Terra Balcanica Acquires 100% of Viogor Project in Bosnia and Announces Extension to Private Placement Financing
Vancouver, British Columbia, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1; OTCQB:TEBAF) is pleased to announce that it has entered into an agreement to acquire complete ownership of the Viogor polymetallic exploration…
·Toronto, Canada
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Total News Sources11
Leaning Left9Leaning Right2Center0Last UpdatedBias Distribution82% Left
Bias Distribution
- 82% of the sources lean Left
82% Left
L 82%
R 18%
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