Terra Uranium's Share Purchase Plan Results

Terra Uranium Limited (ASX:T92) has announced the results of its Share Purchase Plan (SPP). The SPP closed at 5.00pm (Sydney time) on Wednesday 25 September 2024, with approximately $89,000 in SPP applications received. Approximately 1.37 million shares (New Shares) are scheduled to be issued under the SPP on Wednesday 2 October 2024 at an issue price of $0.065 (6.5 cents) per New Share. All directors of the Company participated in the SPP. Normal trading of the New Shares is scheduled to take place as from Thursday 3 October 2024, with holding statements for the New Shares expected to be dispatched on or about that date.

Executive Commentary on Share Purchase Plan Results

The Share Purchase Plan results reflect the strong interest and support from our stakeholders. We are pleased with the level of participation, and the funds raised will contribute to advancing our strategic initiatives. The Company remains committed to delivering value to its shareholders and executing its exploration and development plans in the Athabasca Basin and the Amer Lake Uranium Project. We appreciate the ongoing support from our investors and look forward to the next phase of our growth.

Summary of Share Purchase Plan Results

Terra Uranium (ASX:T92) has successfully concluded its Share Purchase Plan, receiving approximately $89,000 in SPP applications and issuing approximately 1.37 million new shares. The Company's directors participated in the SPP, demonstrating their confidence in the Company's strategic direction. The funds raised will support Terra Uranium's exploration and development plans in the Athabasca Basin and the Amer Lake Uranium Project. With a focus on delivering value to shareholders, Terra Uranium is poised to leverage its position in the premium uranium province of Canada and execute its growth strategy.