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Terra Clean Energy Corp.

CSE:TCECLive AI agent

Terra Clean Energy is focused on acquiring and exploring uranium projects across North America to help meet the growing demand for clean energy.

Investor website: https://tcec.energy/

About

Terra Clean Energy is focused on acquiring and exploring uranium projects across North America to help meet the growing demand for clean energy. The company is strategically positioned to capitalize on North America's uranium renaissance, with a diversified portfolio that includes past-producing mines in Utah and significant assets in the Athabasca Basin. The company aims to boost domestic uranium supply to ensure a secure and stable foundation for nuclear energy in the U.S.

Verified company data

Shares outstanding
82,283,475
Fully diluted shares
131,852,971
Mineral resource
In March of 2015, Skyharbour updated the historical NI 43-101 mineral resource estimate for the Fraser Lakes Zone B deposit at the south end of the property: - 6,960,681 pounds U3O8 inferred at average grade of 0.03% U3O8 and 5,339,219 pounds ThO2 inferred at average grade of 0.023% ThO2 within 10,354,926 tonnes (cutoff grade of 0.01% U3O8) The exploration potential of the Fraser Lakes target area is considered exceptional, including the historical resource expansion potential of the current deposit at Zone B. *The historical resource is described in a technical report on the Falcon Point uranium project, Northern Saskatchewan, dated March 20, 2015, and filed on SEDAR by Skyharbour Resources Ltd. Terra is not treating the resource as current and has not completed sufficient work to classify the resource as a current mineral resource. While Terra is not treating the historical resource as current, it does believe the work conducted is reliable and the information may be of assistance to readers.
Projects
["Marysvale Uranium Mines: Terra Clean Energy controls 20 BLM lode claims (6 via an option and 14 via direct staking) in the historical Marysvale Uranium District, Utah, United States. The property covers 380 Acres and consolidates four past-producing mines— Prospector 1 & 4 and Freedom 1 & 2—which historically functioned as the primary production hub for the entire district. This acquisition secures a high-grade US asset with significant infrastructure in place and confirmed exploration upside. This project offers significant upside as it is clear these old mines were abandoned in the 1970's due to a uranium market collapse not because they ran out of uranium to mine. We believe strongly that we can expand on the previous work through modern exploration technologies. - Greg Cameron, CEO, President & Director. High-Grade Pedigree: The Marysvale district historically produced over 1.33 million lbs U₃O₈ at an average grade of 0.22%. Dominant Production: The Prospector and Freedom mines accounted for over 75% of the district's total historic production. Proven Depth Potential: Historic drilling in the 1970s confirmed that ore extends over 600 feet below the previous underground workings. Strategic Infrastructure: Year-round access with proximity to power, water, and operating uranium mill in Blanding, Utah. Geological Setting: Confirmed Depth Extension: Historic drilling in the 1970s confirmed that ore continued at least 600 feet below the previous workings. System Type: Classic epithermal vein-style uranium system. Host Rocks: Granitic and volcanic rocks of the Belknap volcanic sequence. Structure: Nearly vertical, northeast and east striking fissure veins. Primary Control: Ore is located within the north-northwesterly striking, near-vertical Prospector Fault. Looking Forward: Acquire and digitize all available mining/production data to build a 3D structural model. Conduct air and ground-based radiometric surveys. Complete an independent 43-101 Technical Report on the Marysvale Uranium Mines Project. Select & permit locations for ground trenching and summer core drilling of an initial 10,000 feet (UNDERWAY).","South Falcon East: The South Falcon East property is home to the Fraser Lakes B Uranium Deposit, a significant basement-hosted uranium resource located on the southeastern margin of the world-class Athabasca Basin in Saskatchewan, Canada. Property Details: 18 claims totaling 12,234 hectares. Located 50 km east of the Key Lake Uranium Mill. Situated 18 km outside the Athabasca Basin margin. Power line access just 10 km from the property. Year-round road access via provincial highways. Ideal Location Near World-Class Uranium Operations: World-Class District: Located in the Athabasca Basin, home to the world's highest-grade uranium deposits averaging ~2.0% U3O8. Near Key Infrastructure: 50 km east of the Key Lake Mill—one of the world's largest uranium processing facilities. Inferred Resource: 6.9 M lbs U3O8 inferred at average grade of 0.03%. Expansion Potential: Deposit remains open down-dip to the northwest, north, and northeast. Historical Resource: In March of 2015, Skyharbour updated the historical NI 43-101 mineral resource estimate for the Fraser Lakes Zone B deposit at the south end of the property: - 6,960,681 pounds U3O8 inferred at average grade of 0.03% U3O8 and 5,339,219 pounds ThO2 inferred at average grade of 0.023% ThO2 within 10,354,926 tonnes (cutoff grade of 0.01% U3O8). The exploration potential of the Fraser Lakes target area is considered exceptional, including the historical resource expansion potential of the current deposit at Zone B. 2025 Winter Drill Program: Program Highlights: Successful Step-Out: Uranium mineralization intercepted in 6 of 7 holes, confirming continuity across the deposit and expanding the mineralized footprint. Geological Validation: Confirmed the intersection of graphitic metasediments with brittle reactivated structures—key indicators for basement-hosted unconformity deposits. Expansion Potential: Deposit remains open down-dip to the northwest, north, and northeast. Future Exploration Target: Target: A high-priority zone 120–150m north of the winter drilling, where clay alteration and mineralized pegmatites intersect. Strategy: Fully permitted for ~2,500m follow-up program to test for higher-grade feeder zones.","Powder Mountain: Terra Clean Energy has acquired by low-cost staking 3,395 acres of highly prospective uranium claims in southern Wyoming, adding a new U.S. uranium exploration asset to its growing portfolio. The acquisition consists of 100 unpatented BLM Lode Mining Claims covering 2,068 acres, plus three Wyoming State Leases covering an additional 1,327 acres—all 100% owned by the Company. The claims are situated along the south flank of the Washakie Basin, in close proximity to enCore Energy Corp's Juniper Ridge uranium deposit. Two historical uranium occurrences have been identified within the staked ground, with the highest recorded grade of 0.375% U₃O₈—suggesting meaningful mineralization that has seen little modern exploration since the mid-1980s. We are extremely excited to add this highly prospective land in Wyoming in close proximity to enCore Energy Corp Juniper Ridge uranium deposit. The newly acquired lands are in a known uranium jurisdiction and have numerous uranium occurrences with the highest occurrence recorded at .375% U₃O₈. - Greg Cameron, CEO. Project Highlights: 3,395 Acres Acquired: 100 BLM claims (2,068 acres) plus 3 Wyoming State Leases (1,327 acres), 100% owned by Terra Clean. Proven Uranium Jurisdiction: Adjacent to enCore Energy's Juniper Ridge deposit and near the historic Poison Basin 6.13M lb U₃O₈ deposit, 75km east. High-Grade Occurrences: Historical sampling from prospecting pits returned grades of 0.375%, 0.083%, and 0.058% U₃O₈. Underexplored Upside: Little modern exploration work conducted in the area since the mid-1980s—significant discovery potential remains. Geological Setting: Washakie Basin: A large syncline forming a topographic plateau south of Interstate 80 and west of State Highway 789, within the greater Green River Basin—a structural low known to host roll-front uranium mineralization. Host Formation: Miocene-aged Browns Park Formation—light gray to buff tuffaceous sandstones, sandy tuffs, conglomerates, and quartzite. Deposit Style: Sandstone-hosted roll-front uranium deposits, a well-established and productive model. Historical Context: Conventional mining previously undertaken 75 km east at Poison Basin, home to a 6.13M lb U₃O₈ deposit. Regional Analogue: Homeland Uranium Corp.'s Coyote Basin Uranium Project (~145 km south in Meeker, Colorado) contains a significant historical resource in the same formation."]
Leadership
Management & Directors Greg Cameron CEO, President & Director Mr. Cameron has extensive experience and knowledge in business development, strategy, acquisitions and divestitures as well as corporate restructurings. He is a former Senior Investment Banker and held senior positions at leading Canadian and International Investment Banks including Canaccord Genuity, Orion Securities and Macquarie. He currently is the Managing Director of Colby Capital Limited, a private merchant bank in Toronto. Mr. Cameron has over two decades of high-level experience in the capital markets, serving on numerous public and private company boards from startups to seasoned public companies. C. Trevor Perkins P.Geo Vice President, Exploration C. Trevor Perkins, P.Geo, is a Professional Geologist with a 30+ year career in mineral exploration in some of the world’s most prolific uranium mining regions. Mr. Perkins joined Terra Clean Energy in 2022 as a technical advisor and was appointed as Vice President of Exploration at the beginning of 2025. Mr. Perkins is also currently the Vice President, Exploration for Azincourt Energy Corp. Previously, Mr. Perkins served as Exploration Manager for UEX Corporation, Senior Geoscientist, with Rio Tinto and spent a decade working at Cameco Corporation. While at Cameco he served as Vice President, Exploration for Cameco Mongolia, District Geologist for Europe and Asia, Senior Project Geologist for Arnhem Land in Australia, and a Project Geologist for Cameco’s Athabasca projects in the McArthur River area. While at UEX Corporation, he managed the team that made the Ōrora Uranium Deposit discovery in 2017. As a Qualified Person for UEX’s uranium and cobalt projects, he was responsible for several 43-101 technical reports and resource estimates for both the Christie Lake and West Bear Projects. As Project Geologist for the McArthur River project, he led the team that discovered the McArthur River North Extension zones (110+Mlb U3O8) and as Senior Project Geologist based in Darwin, Australia, he led the team that discovered the Angularli Uranium Deposit (25Mlb U3O8). Tony Wonnacott Director Tony Wonnacott is a corporate securities lawyer based in Toronto, Ontario with over 25 years of experience. He is a member of the Law Society of Upper Canada and holds a B.Comm. (cum laude) from Saint Mary’s University and an LL.B. from Dalhousie University. He began his career at a major Toronto law firm in the banking and securities field before moving to work as a legal consultant to a number of companies, primarily in the mining and resource industry. As a consultant, officer and director of several of these companies, Mr. Wonnacott has been involved with the successful listings of private companies, the outright sale of a company for approximately $750 million and capital raisings in excess of $1 billion. Michael Gabbani Director Accomplished engineer with decades of experience in the nuclear industry. He possesses a high level of understanding of where the industry is going and the contacts to allow the Company to position itself to benefit. Brian Polla Director Serial entrepreneur and seasoned veteran of the capital markets. As a significant shareholder of Terra, he brings extensive expertise to help steer the Company forward. Jon Li CFO Jon Li brings more than 20 years of finance experience with speciality in mining, technology and financial service industry. As the Vice President of WD Numeric, a full-service accounting firm that provides financial and support services for both public and private companies, Jon leads ongoing process improvement efforts, conducts quality control reviews of client files, and provides CFO services to a portfolio of clients. Prior to WD Numeric, Jon was the Financial Controller at Strategic Pricing Management Group (SPMG) and was responsible for managing all financial activities of the company including set-up and maintenance of general ledger accounting system, budgeting, forecasting, cash management and financial reporting. Jon is a CPA (US & Canada) and holds an MBA with concentration in Accounting.

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