Terra Clean Energy launches private placement

* Terra Clean Energy (OTCQB:TCEFF [https://seekingalpha.com/symbol/TCEFF]) on Monday announced a non-brokered private placement of 10 million to 19.52 million units.
* The units are priced at C$0.14 each, aiming to raise C$1.4 million to C$2.73 million.
* Each unit includes one common share and half a warrant, exercisable at C$0.17 for 36 months.
* Proceeds will fund Utah claims, exploration, and working capital.
* The offering is expected to close around Novemver 4, subject to regulatory approvals.
* TCEFF closed -4.23% at $0.0972.
* Source: Press Release [https://seekingalpha.com/pr/20272395-terra-clean-announces-life-offering]

MORE ON TERRA CLEAN ENERGY CORP.

* Financial information for Terra Clean Energy Corp. [https://seekingalpha.com/symbol/TCEFF/income-statement]