Teras Resources Inc. 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 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 and one Common Share [...]
Mr. Carrabba, President and CEO of Teras Resources Inc. : 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 [...]
Teras Resources Inc. announces that it has increased the size of its previously announced non-brokered private placement of units . 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 [...]
Teras Resources Inc. 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 at a price of $0.05 per Unit for gross proceeds of up to $500,000, subject to [...]
Teras Resources Inc. 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 on [...]
Teras Resources Inc. : 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 [...]
Teras Resources Inc. announces that it has increased the size of its previously announced non-brokered private placement of units. 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 [...]
Teras Resources Inc. announces that it intends to complete a non-brokered private placement of up to 5,000,000 units 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 and one Common Share purchase warrant . Each Warrant is exercisable into [...]
Teras Resources Inc. : announces that it has increased the size of its previously announced non-brokered private placement of units . 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 [...]
Teras Resources Inc. announces that it intends to complete a non-brokered private placement of up to 10,909,090 units 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 and one Common Share purchase warrant. Each Warrant is exercisable into [...]
Teras Resources Inc. 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 [...]
Teras Resources 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 [...]
