Vancouver, British Columbia, July 03, 2024 (GLOBE NEWSWIRE) — Terra Balcanica Resources Corp. (“ Terra ” or the “ Company ”) ( CSE:TERA; FRA:UB1 ), a multi-jurisdictional, polymetallic exploration company focused on supporting the global transition to clean energy, is pleased to announce the signing of the definitive option agreement dated July 2, 2024 (“ Agreement ”) between the Company, Fulcrum Metals Plc. (“ Fulcrum ”, AIM:FMET) and Fulcrum Metals (Canada) Ltd. (“ Fulcrum Canada ”), a wholly-owned subsidiary of Fulcrum, pursuant to which the Company will obtain a four-year option (the “ Option ”) to acquire a 100% interest in Fulcrum’s uranium portfolio of exploration licences (the “ Licences ”) located in northern Saskatchewan, Canada and collectively encompassing 596.71 km 2 of highly prospective ground for a uranium discovery.
Pursuant to the Agreement, on closing (the “ Option Closing Date ”), Fulcrum and Fulcrum Canada will grant Terra the […]
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