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Terra Balcanica agrees to convert outstanding debt into shares

PUBT·10/27/2026 12:07:17
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Terra Balcanica agrees to convert outstanding debt into shares
  • Terra Balcanica agreed on Oct. 27, 2026, to settle outstanding debts through common share issuances to preserve cash for ongoing operations.
  • CEO Aleksandar Mišković will receive 393,750 common shares at $0.05 each to settle $19,687.50 in unpaid salary.
  • An arm's-length creditor will receive 250,000 common shares at C$ 0.04 each to settle C$ 10,000 in debt.
  • Another creditor will receive 179,922 common shares at C$ 0.045 each to settle C$ 8,096.51 in debt.
  • The shares will carry a hold period of four months and one day from issuance.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Terra Balcanica Resources Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610270800PRIMZONECNPR____9853830) on October 27, 2026, and is solely responsible for the information contained therein.