March 22, 2021
Terranueva closes a private placement of $1,050,000
L’ASSOMPTION, QUÉBEC – TERRANUEVA CORPORATION (CSE : TEQ) (“Terranueva” or the “Corporation”) is pleased to announce the closing of a non‐brokered private placement of units for a gross proceeds of $1,050,000 (the "Offering"). Each unit, at a subscription price of $0.08 per unit, consists of (i) one common share in the capital stock of the Company ("Common Share"); and (ii) one warrant (a "Warrant"). Each whole Warrant entitles the holder thereof to purchase, for a period of 60 months from the closing date, one Common Share at a price of $0.15 per Common Share (a "Warrant Share"). Each Unit, Common Share, Warrant and Warrant Share issued will be subject to a hold period of four months and one day.