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Terra Clean Energy Corp. Enters into Definitive Agreements to Acquire Uranium Claims on the San Rafael Swell, Utah, United States

(TheNewswire) Vancouver B.C. - TheNewswire - September 24, 2025 – TERRA ...

articleTerra Clean Energy Corp.September 24, 20253/company/tisdale-clean-energy-corp/news/terra-clean-energy-corp-enters-into-definitive-agreements-to-acquire-uranium-claims-on-the-san-rafael-swell-utah-united-states
Terra Clean Energy Corp. Enters into Definitive Agreements to Acquire Uranium Claims on the San Rafael Swell, Utah, United States

About this update from Terra Clean Energy Corp.

[{"type":"text","content":"Terra Clean Energy Corp. Enters into Definitive Agreements to Acquire Uranium Claims on the San Rafael Swell, Utah, United States\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver B.C. -\n \n\n TheNewswire\n-\n \n\n September\n24, 2025\n \n\n – TERRA CLEAN\nENERGY CORP.\n \n\n (“\n \n\n Terra\n \n\n ” or the\n“\n \n\n Company\n \n\n ”)\n \n\n (CSE: TCEC,\nOTCQB:\n \n\n TCEFF\n \n\n , FSE: C\n \n\n 9O0)\n \n\n , is pleased to\nannounce that, further to its press release dated September 16, 2025,\nit has entered into definitive agreements with arm’s length parties\nto acquire up to a 100% interest in each of the Wheel Anne Claims and\nthe Green Vein Mesa Claims (each of the properties are located in\nEmery County, Utah, United States).\n \n\n\n\n “The quick execution of the agreements shows the\nCompany’s commitment and excitement to these assets and to our\nalready significant portfolio of low-risk uranium assets in world\nrenowned uranium basins\" state Greg Cameron, CEO of Terra. “Our\nplan is to have our team on the ground in Utah in the coming weeks\nworking closely with our local partner.”\n \n\n\n\n To earn its respective interests in each of the Wheal\nAnne Claims and the Green Vein Mesa, the Company would be required to\nmake the following cash payments, common share issuances and incur\nexploration expenditures on the respective claims as follows:\n \n\n\n\n Wheal Anne Claims\n \n\n\n\n\n\n\n\n\n Cash Payment\n \n\n\n\n\n\n Share Issuance\n \n\n\n\n\n\n Exploration Expenditures\n \n\n\n\n\n\n\n\n To earn a 20% interest\n \n\n\n\n\n\n USD$20,000 on the Effective Date\n \n\n\n\n\n\n 500,000 common shares within five business days of the\nEffective Date\n \n\n\n\n\n\n Incur USD$100,000 in expenditures on or before the\n1\n \n\n st\n \n\n year anniversary of the Effective Date\n \n\n\n\n\n\n\n\n To earn a 40% interest\n \n\n\n\n\n\n Additional USD$33,333 on or before the 1\n \n\n st\n \n\n year\nanniversary of the Effective Date\n \n\n\n\n\n\n Additional 500,000 common shares on or before the\n1\n \n\n st\n \n\n year anniversary of the Effective Date\n \n\n\n\n\n\n Incur additional USD$33,333 in expenditures on or\nbefore the 2\n \n\n nd\n \n\n year anniversary of the Effective Date\n \n\n\n\n\n\n\n\n ...

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