Terra Clean Energy Corp. Closes Successful Private Placement
Not for distribution to U.S. newswire services or for release, publication, distribution or dissemination, directly or indirectly, into the United States.
Vancouver, BC, Oct. 06, 2026 (GLOBE NEWSWIRE) — Terra Clean Energy Corp. (CSE: TCEC) (OTCQB: TCEFF) (FSE: C9O0) has announced the closing of an upsized brokered private placement, raising approximately $1.97 million (the “Brokered Offering”). Additionally, the company completed a non-brokered offering for $461,062 (the “Non-Brokered Offering”). Together, these offerings raised a total of roughly $2.43 million.
Centurion One Capital Corp. acted as the lead agent for the Brokered Offering and as a fiscal advisor for the Non-Brokered Offering.
Greg Cameron, CEO of Terra Clean Energy, remarked, “We are pleased to have completed this oversubscribed financing… The proceeds will help advance the Marysvale Uranium Mines Project in Utah and position the Company to benefit from the growing demand for secure domestic uranium supply.”
Key Details:
- Units Sold: 17,342,257 at $0.14 per Unit.
- Composition of Units: Each Unit consists of one common share and one Share purchase warrant, with an expiry of three years from the closing date at $0.22.
- Broker Commissions: Centurion received $194,233 in cash and 1,387,380 broker warrants.
Insider Participation: Insiders acquired 700,000 Units, classified as a related party transaction, though minority shareholder approval was not required.
Disclaimer: This release does not constitute an offer to buy securities in the U.S., as they are not registered under the U.S. Securities Act.
Contact Information:
Greg Cameron, CEO
Terra Clean Energy Corp.
Phone: 416-277-6174
Email: info@tcec.energy
About Terra Clean Energy Corp.
Terra Clean Energy focuses on uranium exploration and development, advancing projects in both Saskatchewan, Canada, and Utah, U.S.
For more information, visit www.tcec.energy.
About Centurion One Capital Corp.
Centurion One specializes in supporting visionary entrepreneurs by providing transformative capital and expertise.
Notice: Statements in this release that are not historical facts are forward-looking statements, and actual results may vary materially.
The CSE has not reviewed nor accepts responsibility for this release’s adequacy or accuracy.
