Teras Retains Investor Relations Services Across Canada
Calgary, Alberta--(Newsfile Corp. - April 21, 2016) - Teras Resources Inc. (TSXV: TRA) ("Teras"): Peter Leger, President and Chief Executive Officer of Teras is pleased to announce that, subject to TSX Venture Exchange acceptance, the company has retained Colwell Capital Corp ("Colwell") of Calgary, Alberta having associates in Toronto, Ontario, to provide investor relations and financial communication services across Canada. Colwell is a full and comprehensive provider of investor relations...
2016-04-21 8:00 AM EDT
Teras Provides Technical Studies Update
Calgary, Alberta--(Newsfile Corp. - March 31, 2016) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): Teras is pleased to announce that the Company has made significant progress regarding its ongoing technical studies at its Cahuilla project located in Imperial County, California. The Cahuilla Project is a large epithermal, paleo-hot springs system hosting multiple bonanza-grade veins within an extensive body of disseminated gold/silver mineralization. For further information on...
2016-03-31 8:30 AM EDT
Teras Announces Closing of $400,000 Private Placement
Toronto, Ontario--(Newsfile Corp. - February 10, 2016) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): announces that it has completed the closing of the previously announced non-brokered private placement of units (each a "Unit"), subject to final approval of the TSX Venture Exchange. Teras issued 8,000,000 Units at a price of $0.05 per Unit for gross proceeds of $400,000. Each Unit consists of one common share (a "Common Share") and one Common Share purchase warrant (a...
2016-02-10 8:30 AM EST
Teras Corrects New Announcement of February 2, 2016
Toronto, Ontario--(Newsfile Corp. - February 2, 2016) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") further to the press release dated February 2, 2016 Teras is making a correction which incorrectly referenced Mike Padley as the Director of Finance. Further to a press release dated November 6, 2015 Michael G. Padley is no longer the Director of Finance. About Teras Teras is focused on developing its Cahuilla project located in Imperial County, California. The project...
2016-02-02 12:12 PM EST
Teras Announces $400,000 Private Placement
Toronto, Ontario--(Newsfile Corp. - February 2, 2016) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): announces that it intends to complete a non-brokered private placement of up to 8,000,000 units (each a "Unit") at a price of $0.05 per Unit for gross proceeds of up to $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"). Each Warrant is exercisable into one...
2016-02-02 8:30 AM EST
Teras Provides Corporate Update to Its Shareholders
Toronto, Ontario--(Newsfile Corp. - January 20, 2016) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): Teras announces that it is planning a potential financing to continue technical studies on its Cahuilla Project located in Imperial County, California. The Cahuilla Project is a large epithermal, paleo-hot springs system hosting multiple bonanza-grade veins within an extensive body of disseminated gold/silver mineralization. For further information on the Cahuilla Project refer...
2016-01-20 8:30 AM EST
Teras Terminates Consulting Agreement with Director of Finance
Calgary, Alberta--(Newsfile Corp. - November 6, 2015) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): The Corporation advises that the Consulting Agreement with Mr. Michael G. Padley acting as Director of Finance has been terminated effective November 05, 2015. Peter Leger, the President of the Corporation, will assume the duties to be performed by the Director of Finance. About Teras Teras is focused on developing its Cahuilla project located in Imperial County, California....
2015-11-06 4:12 PM EST
Teras Receives Permits to Drill up to 2000 Additional Holes on the Cahuilla Gold/Silver Project
Calgary, Alberta--(Newsfile Corp. - November 5, 2015) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company" - News): Teras announces that the Company has recently obtained the approval of a Phase 3 Conditional Use Permit for conducting additional drilling at its Cahuilla gold-silver project in Imperial County, California. This new permit along with an environmental assessment received earlier this year allows the Company to drill up to 2000 new holes throughout the project area. In the...
2015-11-05 8:30 AM EST
Teras Completes Its Drill Program at Cahuilla and Receives Expanded Drill Permit
Calgary, Alberta--(Newsfile Corp. - April 14, 2015) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") announces that it has completed the current drill program on its Cahuilla gold-silver project in Imperial County, California. The company has also received a new permit to drill additional holes on Sovereign Lands at Cahuilla. The Company completed its angled core drill program on April 8th, 2015. West Core Drilling of Elko, Nevada completed 7 holes with a total footage of 4224...
2015-04-14 8:30 AM EDT
Teras Commences Core Drilling Program at Cahuilla
Calgary, Alberta--(Newsfile Corp. - March 12, 2015) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): announces that an angled core drill program has commenced on its Cahuilla gold-silver project in Imperial County, California. The high grade intercepts and geologic information obtained from the previous angled core drilling program has proven invaluable with respect to better understanding the geometry and style of the higher grade sheeted vein system (press releases issued on...
2015-03-12 8:30 AM EDT
Teras Closes $1,425,940 Offering of Common Shares
Calgary, Alberta--(Newsfile Corp. - January 30, 2015) - Teras Resources Inc. (TSXV: TRA) (“Teras” or the “Company”): announces that, further to news releases dated January 7, 2015 and January 22, 2015, it has closed its non-brokered private placement (the “Offering”) of common shares (“Common Shares”) of the Company at a price of $0.08 per Common Share. A total of 17,824,250 Common Shares were issued for total gross proceeds of $1,425,940. After giving effect to the Offering, Teras has...
2015-01-30 8:30 AM EST
Teras Increases Financing to $1,425,000
Calgary, Alberta--(Newsfile Corp. - January 22, 2015) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") is pleased to announce that, further to its news release dated January 7, 2015, the maximum gross proceeds of the non-brokered private placement (the "Offering") of common shares ("Common Shares") of the Corporation at a price of $0.08 per Common Share has been increased to $1,425,000 (up to 17,812,500 Common Shares). The Offering is expected to close on or about January 28,...
2015-01-22 5:54 PM EST
Teras Appoints Mr. Mike Padley as Director of Finance and to Its Board of Directors and Announces a New Private Placement
Calgary, Alberta--(Newsfile Corp. - January 7, 2015) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company") announces the appointment of Mr. Michael G. Padley as Director of Finance for the company and a seat on the Board of Directors effectively immediately. The company also intends to complete a non-brokered private placement of up to 15,000,000 Common Shares for gross proceeds of up to $1,200,000. Peter Leger, President and CEO for Teras, "we would like to welcome Mike to the Teras...
2015-01-07 8:30 AM EST
Teras Completes an Independent Review of Cahuilla's Recent Drill Program
Calgary, Alberta--(Newsfile Corp. - December 16, 2014) - Teras Resources Inc. (TSXV: TRA) ("Teras" or the "Company"): The company has completed an independent review of its Cahuilla project to assess the incorporation of the high grade intercepts encountered in the 7 diamond core drill holes completed and announced June 5, 2014 and an additional 54 RC drill holes drilled in 2012 / 2013 the last of which were announced on December 12, 2013. The review was performed by Mr. Bill Fleshman FAusIMM...
2014-12-16 8:30 AM EST