Teras Announces $250,000 Private Placement
Calgary, Alberta--(Newsfile Corp. - April 10, 2019) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") announces that it intends to complete a non-brokered private placement of up to 5,000,000 units (each a "Unit") at a price of $0.05 per Unit for gross proceeds of up to $250,000, subject to approval of the TSX Venture Exchange. Each Unit will consist of one common share (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant...
2019-04-10 3:55 PM EDT
Teras Announces Increase to and Closing of Unit Private Placement for its Upcoming Cahuilla Project Program
Calgary, Alberta--(Newsfile Corp. - August 1, 2018) - 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 12,357,725 Units at a price of $0.055 per Unit for gross proceeds of $679,674.00. Each...
2018-08-01 7:00 PM EDT
Teras Announces $600,000 Private Placement
Calgary, Alberta--(Newsfile Corp. - July 27, 2018) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") announces that it intends to complete a non-brokered private placement of up to 10,909,090 units (each a "Unit") at a price of $0.055 per Unit for gross proceeds of up to $600,000, subject to approval of the TSX Venture Exchange. Each Unit will consist of one common share (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant...
2018-07-27 7:00 PM EDT
Teras Completes Its Acquisition and Adds High Profile Nevada Project and World Class Management
Calgary, Alberta--(Newsfile Corp. - July 12, 2018) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") announces the Merger/Acquisition with NV Mines of Nevada which was announced on April 24th, 2018 has been completed. Teras is now positioned, with its new management team and technical expertise, to take its projects to a new level focusing on its Cahuilla project. Peter Leger, President and CEO of Teras remarked, "The acquisition is a big move forward. As well, we would like to...
2018-07-12 8:30 AM EDT
Teras Appoints Mr. Thomas Mancuso as Vice President and Mr. Lawrence O'Connor as Vice President of Project Development
Calgary, Alberta--(Newsfile Corp. - May 30, 2018) - Teras Resources Inc. ("Teras" or the "Company") (TSXV: TRA): announces the appointment of Mr. Thomas K. Mancuso as Vice President of the Company and a seat on the Board of Directors and Mr. Lawrence J. O'Connor as Vice President Project Development effectively immediately. This is part of the recently implemented and ongoing growth strategy Teras announced on April 24th, 2018. Peter Leger, President and CEO of Teras remarked, "We would like...
2018-05-30 8:30 AM EDT
Teras Announces $1,400,000 Private Placement to Advance It's Cahuilla Project to a New Level
Calgary, Alberta--(Newsfile Corp. - April 30, 2018) - Teras Resources Inc. ("Teras" or the "Company") (TRA.V): is pleased to announce that it intends to complete a non-brokered private placement of up to 17,500,000 units (each a "Unit") at a price of $0.08 per Unit for gross proceeds of up to $1,400,000, subject to approval of the TSX Venture Exchange. Each Unit will consist of one common share (a "Common Share") and one Common Share purchase warrant (a "Warrant"). ...
2018-04-30 8:30 AM EDT
Teras Takes Leap Forward Adding World Class Management Expertise and High Profile Nevada Project with Merger
Calgary, Alberta--(Newsfile Corp. - April 24, 2018) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") announces the execution of a binding Letter Of Intent to purchase a private Nevada-based company and combine the management teams. The transaction is expected to be completed within 30 days subject to TSX Venture approval. The new highly specialized management team member's expertise is directly related to building Cahuilla into a world class project. Teras will issue 3,565,000...
2018-04-24 8:30 AM EDT
Teras Completes Drill Program and Receives Results
Calgary, Alberta--(Newsfile Corp. - November 30, 2017) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") announces the completion of an initial phase of exploration diamond core drilling program in the southwestern expansion area of its Cahuilla gold-silver project in Imperial County, California. All but one hole were situated west of the current resource area. The Company drilled five core holes during this program totaling 638 meters. The majority of holes did not achieve...
2017-11-30 8:30 AM EST
Teras Initiates Exploration Drill Program at Cahuilla
Calgary, Alberta--(Newsfile Corp. - August 24, 2017) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") is pleased to announce the initiation of the drilling campaign at the Cahuilla gold/silver project in Imperial County, California to begin testing the targets delineated in the west and southwest expansion areas which were defined by geophysical surveys and the 2016/2017 detailed surface geologic mapping and geochemical sampling programs. The objectives of this round of drilling...
2017-08-24 8:30 AM EDT
Teras Announces Increase to and Closing of Unit Private Placement for Its Upcoming Drilling Program
Calgary, Alberta--(Newsfile Corp. - July 4, 2017) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): announces that it has increased the size of its previously announced non-brok
2017-07-04 8:30 AM EDT
Teras Announces $1,000,000 Private Placement to Diamond Drill the Newly Discovered Areas at Its Cahuilla Project
Calgary, Alberta--(Newsfile Corp. - June 21, 2017) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): announces that it intends to complete a non-brokered private placement of up to 12,5000,000 units (each a "Unit") at a price of $0.08 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 "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant...
2017-06-21 4:55 PM EDT
Teras Reports Positive Results on Its Cahuilla Gold Project
Calgary, Alberta--(Newsfile Corp. - April 20, 2017) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): announces additional geochemical sample results from its March 2017 surface exploration program at the Cahuilla gold/silver project in Imperial County, California. This mapping and sampling program was designed as a follow-up to previous site exploration trips to gather more detailed surface sampling and geologic mapping information within the Company's extensive southwest target...
2017-04-20 8:30 AM EDT
Teras Provides Shareholders with Project Updates
Calgary, Alberta--(Newsfile Corp. - April 4, 2017) - Teras Resources Inc. (TSXV: TRA - News) ("Teras" or the "Company"): Teras announces favorable progress for both its Cahuilla and Watseca projects. On November 17, 2016, Teras reported positive results for its Cahuilla project from the September 2016 sampling program. Given the encouraging geochemical gold and silver surface sample assays, the Teras' technical team conducted two further site visits to Cahuilla in February and March 2017....
2017-04-04 3:31 PM EDT
Teras Reports Positive Results from Its Recent Sampling Program
Calgary, Alberta--(Newsfile Corp. - November 17, 2016) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): is pleased to report assay results from its recent detailed surface exploration program at the Cahuilla gold/silver project in Imperial County, California. This recent mapping and rock chip sampling program focused on the Company's southwest target area and the positive assay results from a total of 51 rock chip samples further enforce the potential expansion of the Cahuilla...
2016-11-17 8:30 AM EST
Teras Prepares Cahuilla Project for Expansion
Calgary, Alberta--(Newsfile Corp. - October 6, 2016) - Teras Resources Inc. (TSXV: TRA - News) ("Teras" or the "Company"): reports that the Company has completed a detailed surface exploration program at its Cahuilla gold/silver project in Imperial County, California. The geologic mapping and geochemical sampling program was concentrated in the very extensive southwest target area that was reported in April of this year, and in the northeast target area. The Company is now formulating drill...
2016-10-06 8:30 AM EDT
Teras Retains Red Cloud as Strategic / Capital Markets Advisor
Calgary, Alberta--(Newsfile Corp. - September 29, 2016) - Teras Resources Inc. (TSXV: TRA) ("Teras"): Peter Leger, President and Chief Executive Officer of Teras is pleased to announce that the company has engaged Strategic Advisor Red Cloud Klondike Strike Inc. ("Red Cloud"), a Toronto based company, to assist Teras as their flagship project "Cahuilla" advances to a new level. The Red Cloud team has a mix of in-house technical and financial expertise with over 100 cumulative years of...
2016-09-29 8:00 AM EDT
Teras Announces Passing of Director Mr. Dale Vitone
Calgary, Alberta--(Newsfile Corp. - July 22, 2016) - Teras Resources Inc. (TSXV: TRA.V) ("Teras" or the "Company"): Regrets to announce the recent passing of Mr. Dale Vitone. Dale was with the company since the fall of 2006 and has played an integral role as a Director and Consulting Mining Engineer during his time. His dedication and contributions will be greatly missed. Peter Leger, President and CEO, as well as the Board, extend its deepest condolences to Mr. Vitone's...
2016-07-22 5:00 PM EDT
Teras Announces $800,000 Private Placement to Advance the Newly Discovered Areas at Its Cahuilla Project
Calgary, Alberta--(Newsfile Corp. - July 5, 2016) - Teras Resources Inc. (TSXV: TRA.V) ("Teras" or the "Company") announces that it intends to complete a non-brokered private placement of up to 6,666,666 units (each a "Unit") at a price of $0.12 per Unit for gross proceeds of up to $800,000, subject to approval of the TSX Venture Exchange. Each Unit will consist of one common share (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant is...
2016-07-05 8:30 AM EDT
Teras Significantly Advances Cahuilla with Technical Studies Update
Calgary, Alberta--(Newsfile Corp. - May 19, 2016) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): Teras is pleased to announce that the Company has completely reinterpreted the geology and style of precious metal mineralization at its Cahuilla gold/silver deposit located in Imperial County, California. For further information on the Cahuilla project refer to the NI 43-101 technical report entitled “Cahuilla Property 43-101 Technical Report,” filed with Sedar on November 27,...
2016-05-19 8:30 AM EDT
Teras Appoints Mr. Kenneth Cunningham to Its Board of Directors
Calgary, Alberta--(Newsfile Corp. - May 5, 2016) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): is pleased to announce the appointment of Mr. Kenneth Cunningham to the Company's Board of Directors. Peter Leger, President and CEO for Teras, comments "we would like to welcome Mr. Cunningham to Teras' technical team and Board of Directors. Mr. Cunningham is well respected in the mining community with many successes under his belt from large discoveries to production, financings,...
2016-05-05 8:30 AM EDT