Teras Resources Inc.

Teras Resources is pleased to announce that it intends to complete a non-brokered private placement of up to 17,500,000 units 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 and one Common Share purchase warrant . Each Warrant is exercisable into one Common Share at a price of $0.15 per share for a period of [...]

Teras Resources 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 shares of its common stock [...]

Teras Resources 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 targeted depths as a result of poor [...]

Teras Resources 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 are to begin diamond core [...]

Teras Resources 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 13,483,750 Units at a price of $0.08 per Unit for gross proceeds of $1,078,700. Each Unit consists of one common share (a "Common [...]

Teras Resources announces that it intends to complete a non-brokered private placement of up to 12,5000,000 units 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 and one Common Share purchase warrant. Each Warrant is exercisable into one Common Share at a price of $0.15 per share for a period of one year from [...]

Teras Resources 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 area. This detailed [...]

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. Work conducted during the two recent field trips [...]

CALGARY, AB / ACCESSWIRE / 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 [...]

CALGARY, AB / ACCESSWIRE / October 6, 2016 / Teras Resources Inc. (TSXV: TRA) ("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 [...]