Teras Resources Inc.

Recent News

Teras Shareholder Update

Calgary, Alberta--(Newsfile Corp. - October 23, 2025) - Teras Resources Inc. (TSXV: TRA.H) (OTC: TRARF) ("Teras" or the "Company") announces the following.Teras wishes to advise its shareholders that since the Company did not file audited financial reports for the fiscal years 2022 and 2023 its Exchange listing has been moved to NEX. However, the Company is currently not trading. Teras faced difficulties during COVID and was not able to renew its land lease with the Sovereign Nation on its Cahuilla...

2025-10-23 1:49 PM EDT

Teras Provides Update to Its Shareholders

Calgary, Alberta--(Newsfile Corp. - October 12, 2023) - Teras Resources Inc. (TSXV: TRA) (OTC Pink: TRARF) ("Teras" or the "Company"): reports that a Cease Trade Order has been issued by the Alberta Securities Commission ("ASC") and trading of the Company's shares has been halted.Teras, states, "We have not been able to complete the Company's May 31, 2023 annual Audit within the compliance deadline; therefore, the ACS has issued a Cease Trade Order. The reason the Company failed to...

2023-10-12 7:17 PM EDT

Teras Announces Delay in Filing of Annual Filings and Application for Management Cease Trade Order

Calgary, Alberta--(Newsfile Corp. - September 15, 2023) - Teras Resources Inc. (TSXV: TRA.V) ("Teras" or the "Company"), announces that as a result of delays in the completion of its audit, the Company will be unable to meet the filing deadline of September 28, 2023, for filing of the following continuous disclosure documents (collectively, the "Annual Filings"):the Company's Annual Audited Financial Statements for the year ended May ‎‎31, 2023, ‎as required by section 4.2 of National Instrument 51-102 - Continuous Disclosure...

2023-09-15 9:25 PM EDT

Teras Expands Its Position on Its Watseka Project with High Value Ground

Calgary, Alberta--(Newsfile Corp. - August 18, 2022) - Teras Resources Inc. (TSXV: TRA) (OTC Pink: TRARF) ("Teras" or the "Company") reports that it has further increased its land position on its Watseka gold property in Madison County Montana with high value ground.Teras' Watseka property consists of 12 patented mining claims owned by Teras and in excess of 24 claims that are leased from private land owners as well as BLM land. The Watseka property currently has a Mill Site...

2022-08-18 9:00 AM EDT

Teras Further Increases Its Land Position at Its Watseka Project and Is Pleased to Announce Mr. Peter Mejstrick Has Joined as a Director and Technical Expert

Calgary, Alberta--(Newsfile Corp. - May 27, 2022) - Teras Resources Inc. (TSXV: TRA) (OTC Pink: TRARF) ("Teras" or the "Company"): reports that it has further increased its land position on its Watseka gold property in Madison County, Montana. Teras is also pleased to announce that Mr. Peter Mejstrick has joined the Company as a Director and technical expert on its Watseka project.Teras is pleased to announce Mr. Peter Mejstrick is joining the Board of Teras. Mr. Mejstrick has...

2022-05-27 9:00 AM EDT

Teras Steps Forward to Develop Its Watseka Project

Calgary, Alberta--(Newsfile Corp. - March 31, 2022) - Teras Resources Inc. (TSXV: TRA) (OTCQX:TRARF) ("Teras" or the "Company") reports that it has increased its land position on its Watseka gold property in Madison County Montana.Teras' Watseka property consists of 12 patented mining claims owned by Teras. The Watseka property currently has a mill site processing facility equipped for treating precious metal ores as well as a separate assay laboratory for analysing ore to be mined and processed. The mill and mine...

2022-03-31 9:00 AM EDT

Teras Announces Increase to and Closing of Unit Private Placement

Calgary, Alberta--(Newsfile Corp. - July 2, 2021) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") announces that it has increased the size of its previously announced non-brokered private placement of units (each a "Unit"). In addition, Teras announces that it has completed the closing of the private placement of Units, subject to final approval of the TSX Venture Exchange. Teras issued 21,497,000 units at a price of $0.05 per Unit for gross proceeds of $1,074,850. Each Unit...

2021-07-02 1:00 PM EDT

Teras to Raise $1,000,000 in a Private Placement

Calgary, Alberta--(Newsfile Corp. - June 14, 2021) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") and Mr. Joe Carrabba President / CEO, are pleased to announce that Teras intends to complete a non-brokered private placement of up to 20,000,000 units (each a "Unit") at a price of $0.05 per Unit for gross proceeds of up to $1,000,000, subject to approval of the TSX Venture Exchange. Each Unit will consist of one common share (a...

2021-06-14 9:30 AM EDT

Teras Files Amended NI 43-101 Report; 261,000 New Gold Ounces & 2.47 Million New Silver Ounces

Calgary, Alberta--(Newsfile Corp. - March 18, 2021) - Teras Resources Inc. (TSXV: TRA) (OTC Pink: TRARF ) ("Teras" or the "Company"): to report that it has filed on SEDAR its "Amended Technical Report on the Cahuilla Gold and Silver Project, in Imperial County, California." The purpose of this report is to provide an update of all drilling, new target identification, and new resource modeling since the original NI 43-101 completed in 2012. The new resource estimates are based on...

2021-03-18 9:00 AM EDT

Teras Resources Increases Its Gold and Silver Resource on Its Cahuilla Gold and Silver Project in Amended Mineral Resource Model

Calgary, Alberta--(Newsfile Corp. - January 26, 2021) - Teras Resources Inc. (TSXV: TRA) (OTC Pink: TRARF) ("Teras" or the "Company") is pleased to announce that it has prepared a new resource estimate to be announced in an "Amended Technical Report on the Cahuilla Gold and Silver Project in Imperial County, California." The purpose of this report is to provide an update of all technical progress since the original NI 43-101 compliant mineral resource estimate for the Cahuilla project was...

2021-01-26 9:00 AM EST

Teras Provides Its Shareholders with Update

Calgary, Alberta--(Newsfile Corp. - November 12, 2020) -  Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") and Mr. Joe Carrabba, President / CEO, is pleased to announce that the Company has made significant progress in several important matters resulting in the continued development of the Cahuilla project. Foremost was signing an extension of the current exploration lease with the Torres Martinez Desert Cahuilla Tribe. This important lease covers two sections of sovereign Tribal land that holds significant gold resources...

2020-11-12 9:00 AM EST

Teras Resources Inc. Reports Results of its Cahuilla Gold Deposit Geotechnical Analysis and Geologic Interpretation

Calgary, Alberta--(Newsfile Corp. - October 6, 2020) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") and Mr. Joe Carrabba President / CEO, is pleased to announce that it has completed a six-month effort to audit and update its Cahuilla drill hole data base and completed detailed logging of 34 core drill holes. This focused update is intended to support a new resource model. The previous NI 43-101 Technical Report completed in 2012 and filed on SEDAR, identified...

2020-10-06 9:00 AM EDT

Teras Announces Increase to and Closing of Unit Private Placement

Calgary, Alberta--(Newsfile Corp. - August 17, 2020) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): announces that it has increased the size of its previously announced non-brokered private placement of units (each a "Unit"). In addition, Teras announces that it has completed the closing of the private placement of Units, subject to final approval of the TSX Venture Exchange. Teras issued 21,248,700 units at a price of $0.05 per Unit for gross proceeds of $1,062,435. Each Unit...

2020-08-17 10:39 AM EDT

Teras Raises $1,000,000 in a Private Placement

Calgary, Alberta--(Newsfile Corp. - July 16, 2020) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") and Mr. Joe Carrabba President / CEO, is pleased to announce that it intends to complete a non-brokered private placement of up to 20,000,000 units (each a "Unit") at a price of $0.05 per Unit for gross proceeds of up to $1,000,000, subject to approval of the TSX Venture Exchange. Each Unit will consist of one common share (a...

2020-07-16 9:00 AM EDT

Teras Provides Update to Its Shareholders

Calgary, Alberta--(Newsfile Corp. - June 15, 2020) - Mr. Carrabba, President and CEO of Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): is pleased to provide its shareholders with the following update:Over the past several months, Teras has engaged several consultants to examine the database of our Company's flagship "Cahuilla Project" for advice and guidance regarding future drill programs to increase the current grade and global resource of the project. The study was comprehensive and led to...

2020-06-15 9:00 AM EDT

Teras Announces Increase to and Closing of Unit Private Placement

Calgary, Alberta--(Newsfile Corp. - March 5, 2020) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") announces that it has increased the size of its previously announced non-brokered private placement of units (each a "Unit"). In addition, Teras announces that it has completed the closing of the private placement of Units, subject to final approval of the TSX Venture Exchange. Teras issued 10,232,380 Units at a price of $0.05 per Unit for gross proceeds of $511,619. ...

2020-03-05 6:22 PM EST

Teras Appoints Mr. Joseph Carrabba (Retired Newmont Mining Director and Former Cliff Natural Resources' President / CEO) as Director, President and CEO and Raises $500,000 in a Private Placement

Calgary, Alberta--(Newsfile Corp. - January 23, 2020) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): Peter Leger, former President / CEO, is pleased to announce the appointment of Mr. Joseph "Joe" Carrabba as Director, President and CEO of Teras and announces that it intends to complete a non-brokered private placement of up to 10,000,000 units (each a "Unit") at a price of $0.05 per Unit for gross proceeds of up to $500,000, subject to approval of the TSX...

2020-01-23 9:00 AM EST

Teras Provides Update to Shareholders

Calgary, Alberta--(Newsfile Corp. - August 2, 2019) - Teras Resources Inc. (TSXV: TRA.V) ("Teras" or the "Company") announces that it has entered into a Loan agreement for $500,000. The Loan is secured against the assets of the company and will be repaid on or before January 31, 2020. Teras will provide a 4% interest in its Cahuilla project in return for the Loan. The 4% interest in Cahuilla can be purchased back by Teras at a later date...

2019-08-02 5:00 PM EDT

Teras Provides Update to Its Shareholders

Calgary, Alberta--(Newsfile Corp. - June 26, 2019) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): announces that it has recently assigned the rights to its Clipper project situated in Lander Nevada. The terms of the assignment are such that Teras will receive cash payments of $60,000 USD over 5 months starting on August 15th, 2019. Teras will also receive half percent NSR which is purchasable for $250,000 USD. Teras is in discussions on other...

2019-06-26 1:57 PM EDT

Teras Announces Increase To and Closing of Unit Private Placement

Calgary, Alberta--(Newsfile Corp. - April 17, 2019) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") announces that it has increased the size of its previously announced non-brokered private placement of units (each a "Unit"). In addition, Teras announces that it has completed the closing of the private placement of Units, subject to final approval of the TSX Venture Exchange. Teras issued 5,800,000 Units at a price of $0.05 per Unit for gross proceeds of $290,000...

2019-04-17 3:38 PM EDT

Ready to Announce with Confidence?

Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us