TERA

Terra Balcanica Announces Private Placement Financing

Retrieved on: 
Vendredi, mai 17, 2024

Vancouver, British Columbia, May 17, 2024 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce the intent to complete a non-brokered private placement (the “Private Placement”) for gross proceeds of up to C$600,000 through the issuance of up to 6,000,000 units (each a “Unit”) at a purchase price of C$0.10 per Unit. Each Unit will be comprised of one common share in the capital of the Company (“Common Share”) and a Common Share purchase warrant (“Warrant”) to purchase an additional one common share of the Company (“Warrant Share”) at an exercise price of C$0.15 per Warrant Share for a period of 36 months from the closing date of the Private Placement (the “Closing Date”).

Key Points: 
  • NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES
    Vancouver, British Columbia, May 17, 2024 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce the intent to complete a non-brokered private placement (the “Private Placement”) for gross proceeds of up to C$600,000 through the issuance of up to 6,000,000 units (each a “Unit”) at a purchase price of C$0.10 per Unit.
  • In certain circumstances, the Company may pay finder’s fees in cash and warrants on a portion of the Private Placement.
  • The Company intends to use the proceeds of the Private Placement for land holding costs, project payments, to continue drilling the Company’s portfolio of mineral exploration properties in the western Balkans and for general corporate and working capital purposes.
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Terra Balcanica Announces Share Consolidation Effective Date

Retrieved on: 
Mercredi, mai 15, 2024

Vancouver, British Columbia, May 15, 2024 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) announces that, further to the Company's press release on May 8th, 2024, the consolidation of the outstanding common shares of the Company (each, a “Common Share”) on the basis of one post-Consolidation Common Share for every three pre-Consolidation Common Shares is anticipated to be made effective for trading purposes on Friday, May 17th, 2024 (the “Effective Date”).

Key Points: 
  • Vancouver, British Columbia, May 15, 2024 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) announces that, further to the Company's press release on May 8th, 2024, the consolidation of the outstanding common shares of the Company (each, a “Common Share”) on the basis of one post-Consolidation Common Share for every three pre-Consolidation Common Shares is anticipated to be made effective for trading purposes on Friday, May 17th, 2024 (the “Effective Date”).
  • It is anticipated that the Common Shares will begin trading on the CSE on a post-Consolidation basis at market open on the Effective Date.
  • The new CUSIP of the Common Shares will be 88089G202 and the new ISIN will be CA88089G2027.
  • Further details regarding the Consolidation are provided in the press release of the Company dated May 8th, 2024.

Terra Balcanica Announces Proposed Share Consolidation and Engages Market Maker

Retrieved on: 
Mercredi, mai 8, 2024

Vancouver, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) announces that its Board of Directors has approved a consolidation (the “Consolidation”) of the common shares of the Company (“Common Shares”) on a three-to-one basis.

Key Points: 
  • Vancouver, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) announces that its Board of Directors has approved a consolidation (the “Consolidation”) of the common shares of the Company (“Common Shares”) on a three-to-one basis.
  • The Company currently has 100,574,553 Common Shares outstanding and, if completed, the proposed Consolidation would reduce the issued and outstanding Common Shares total to 33,524,851 Common Shares.
  • Shareholder approval of the Consolidation was received by special resolution at the Company’s Special Meeting of Shareholders held on May 6th, 2024.
  • Under the agreement, ITG will receive compensation of CAD $6,000 per month, payable monthly in advance for market making services, primarily to be conducted by ITG’s market maker, David Paterson Sears.

Terra Balcanica Provides Exploration Activities Update on High Grade Silver and Gold Targets at Viogor Zanik Project in Bosnia

Retrieved on: 
Jeudi, avril 11, 2024

The Company completed approximately 2,200 m of drilling along a shallow, high grade, silver-dominated, intermediate sulfidation polymetallic Ag-Au-Pb-Zn-Sb vein system at the locality known as Chumavichi (Figures 1 and 2).

Key Points: 
  • The Company completed approximately 2,200 m of drilling along a shallow, high grade, silver-dominated, intermediate sulfidation polymetallic Ag-Au-Pb-Zn-Sb vein system at the locality known as Chumavichi (Figures 1 and 2).
  • The Company completed approximately 1,200 m of diamond drilling at Brezani with additional assays to be released shortly.
  • Figure 1 Geological map of the Viogor-Zanik project illustrating the drilled targets during the Phase II campaign.
  • It passes through a break in the magnetics, which is further evidence of structural control (click here to view image).

Intel Unleashes Enterprise AI with Gaudi 3, AI Open Systems Strategy and New Customer Wins

Retrieved on: 
Mardi, avril 9, 2024

The Intel Gaudi 3 AI accelerator will power AI systems with up to tens of thousands of accelerators connected through the common standard of Ethernet.

Key Points: 
  • The Intel Gaudi 3 AI accelerator will power AI systems with up to tens of thousands of accelerators connected through the common standard of Ethernet.
  • Intel Gaudi 3 promises 4x more AI compute for BF16 and a 1.5x increase in memory bandwidth over its predecessor.
  • Intel outlined its strategy for open scalable AI systems, including hardware, software, frameworks and tools.
  • In addition to the Intel Gaudi 3 accelerator, Intel provided updates on its next-generation products and services across all segments of enterprise AI.

Terra Balcanica Intercepts 551 g/t AgEq Over 4.8 m At Cumavici Ridge in Bosnia and Herzegovina

Retrieved on: 
Mardi, janvier 30, 2024

VANCOUVER, British Columbia, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce the final geochemical assay results from the Phase II drill campaign at Cumavici Ridge confirming continuation of the high-grade epithermal vein mineralization at the Viogor-Zanik project in Bosnia and Herzegovina.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce the final geochemical assay results from the Phase II drill campaign at Cumavici Ridge confirming continuation of the high-grade epithermal vein mineralization at the Viogor-Zanik project in Bosnia and Herzegovina.
  • Terra Balcanica CEO, Dr. Aleksandar Mišković, commented: “Terra keeps on confirming average grades of over 500 g/t Ag Eq and average mineralization thicknesses of approximately 5-10 m of massive sulfides and associated Ag-Sb-Pb-Zn-Au mineralogy at Cumavici Ridge which is only one of six target zones along the 7.2 km corridor of vein-hosted epithermal mineralization.
  • This zone is de-risked by drilling shallow, high grade silver mineralization at both the Cumavici Ridge and Joseva targets over 2.3 km apart.
  • We are very excited to carry on adding to the existing mineralized horizon at Cumavici Ridge by testing it down dip to SW as well as along strike to NW while expanding drill campaign to Cumurnica and two other targets along the corridor in 2024.”

Terra Balcanica Intercepts 551 g/t AgEq Over 4.8 m At Cumavici Ridge in Bosnia and Herzegovina

Retrieved on: 
Mardi, janvier 30, 2024

Vancouver, British Columbia, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce the final geochemical assay results from the Phase II drill campaign at Cumavici Ridge confirming continuation of the high-grade epithermal vein mineralization at the Viogor-Zanik project in Bosnia and Herzegovina.

Key Points: 
  • Vancouver, British Columbia, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce the final geochemical assay results from the Phase II drill campaign at Cumavici Ridge confirming continuation of the high-grade epithermal vein mineralization at the Viogor-Zanik project in Bosnia and Herzegovina.
  • Terra Balcanica CEO, Dr. Aleksandar Mišković, commented: “Terra keeps on confirming average grades of over 500 g/t Ag Eq and average mineralization thicknesses of approximately 5-10 m of massive sulfides and associated Ag-Sb-Pb-Zn-Au mineralogy at Cumavici Ridge which is only one of six target zones along the 7.2 km corridor of vein-hosted epithermal mineralization.
  • This zone is de-risked by drilling shallow, high grade silver mineralization at both the Cumavici Ridge and Joseva targets over 2.3 km apart.
  • We are very excited to carry on adding to the existing mineralized horizon at Cumavici Ridge by testing it down dip to SW as well as along strike to NW while expanding drill campaign to Cumurnica and two other targets along the corridor in 2024.”

Neuchips to Showcase Industry-Leading Gen AI Inferencing Accelerators at CES 2024

Retrieved on: 
Mardi, janvier 2, 2024

LAS VEGAS, Nev., Jan. 2, 2024 /PRNewswire/ -- Neuchips , a leading AI Application-Specific Integrated Circuits (ASIC) solutions provider, will demo its revolutionary Raptor Gen AI accelerator chip (previously named N3000) and Evo PCIe accelerator card LLM solutions at CES 2024.

Key Points: 
  • LAS VEGAS, Nev., Jan. 2, 2024 /PRNewswire/ -- Neuchips , a leading AI Application-Specific Integrated Circuits (ASIC) solutions provider, will demo its revolutionary Raptor Gen AI accelerator chip (previously named N3000) and Evo PCIe accelerator card LLM solutions at CES 2024.
  • "We are thrilled to unveil our Raptor chip and Evo card to the industry at CES 2024," said Ken Lau, CEO of Neuchips.
  • With Neuchips, any organisation can now access the power of LLMs for a wide range of AI applications."
  • At CES 2024, Neuchips will demo Raptor and Evo, accelerating the Whisper and Llama AI chatbots on a Personal AI Assistant application.

Terra Balcanica Closes First Tranche of Private Placement Financing

Retrieved on: 
Vendredi, décembre 15, 2023

VANCOUVER, British Columbia, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce closing of the 1st tranche of the non-brokered private placement financing (the “Offering”) of common shares (the “Shares”).

Key Points: 
  • NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES
    VANCOUVER, British Columbia, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce closing of the 1st tranche of the non-brokered private placement financing (the “Offering”) of common shares (the “Shares”).
  • The Private Placement will be utilized for opportunities in the critical battery metal exploration space in the Western Balkans.
  • Giulio Bonifacio, Chair of the board of directors (the “Insider”) purchased 815,000 Shares as part of the Offering.
  • The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S.

Terra Balcanica Closes First Tranche Of Private Placement Financing

Retrieved on: 
Vendredi, décembre 15, 2023

Vancouver, British Columbia, Dec. 15, 2023 (GLOBE NEWSWIRE) --

Key Points: 
  • NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES
    Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce closing of the 1st tranche of the non-brokered private placement financing (the “Offering”) of common shares (the “Shares”).
  • The Private Placement will be utilized for opportunities in the critical battery metal exploration space in the Western Balkans.
  • Giulio Bonifacio, Chair of the board of directors (the “Insider”) purchased 815,000 Shares as part of the Offering.
  • The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S.