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Teras Resources Inc. (V:TRA)

Business Focus: Gold Mining

Oct 12, 2023 07:17 pm ET
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.
Oct 05, 2023 07:59 am ET
Canadian Investment Regulatory Organization Trading Halt - TRA
VANCOUVER, BC, Oct. 5, 2023 /CNW/ - The following issues have been halted by CIRO
Sep 15, 2023 09:25 pm ET
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"):
Aug 18, 2022 09:00 am ET
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.
May 27, 2022 09:00 am ET
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.
Mar 31, 2022 09:00 am ET
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.
Jul 02, 2021 01:00 pm ET
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 consists of one common share (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant is exercisable into one Common Share at a price of $0.05 per share for a period of five years from the issuance of such Warrant. In addition, Teras issued 581,000 B warrants at a price of $0.05 for a period of two years and paid a finder's fee of $30,810.00.
Jun 14, 2021 09:30 am ET
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 "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant is exercisable into one Common Share at a price of $0.05 per share for a period of five years from the issuance of such Warrant. A finder's fee and/or finder warrants may be paid on the gross proceeds of all or any portion of the private placement.
Mar 18, 2021 09:00 am ET
Jan 26, 2021 09:00 am ET
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 completed in 2012 and filed on SEDAR.
Nov 12, 2020 09:00 am ET
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.
Oct 21, 2020 08:33 am ET
Teras Resources Inc. Discusses Development Strategy of Cahuilla Gold Project with The Stock Day Podcast
Phoenix, Arizona--(Newsfile Corp. - October 21, 2020) - The Stock Day Podcast welcomed Teras Resources Inc. (TSXV: TRA) ("the Company"), a company focused on developing its Cahuilla project located in Imperial County, California. CEO of the Company, Joseph Carrabba, joined Stock Day host Everett Jolly.
Oct 06, 2020 09:00 am ET
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 70,148,000 tons grading 0.015 opt (0.51 g/t) at a 0.008 opt (0.27 g/t) cutoff for 1,017,000 million ounces of gold in the indicated category.
Aug 17, 2020 10:39 am ET
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 consists of one common share (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant is exercisable into one Common Share at a price of $0.075 per share for a period of two years from the issuance of such Warrant. In addition, Teras issued 191,000 B warrants at a price of $0.075 for a period of one year and paid a finder's fee of $4,550.00.
Jul 16, 2020 09:00 am ET
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 "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant is exercisable into one Common Share at a price of $0.075 per share for a period of two years from the issuance of such Warrant. A finder's fee and/or finder warrants may be paid on the gross proceeds of all or any portion of the private placement.
Jun 15, 2020 09:00 am ET
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:
Mar 05, 2020 06:22 pm ET
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. Each Unit consists of one common share (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant is exercisable into one Common Share at a price of $0.075 per share for a period of two years from the issuance of such Warrant. In addition, Teras issued 399,000 Broker warrants at a price of $0.075 for a period of one year and paid a finder's fee of $19,950 cdn.
Jan 23, 2020 09:00 am ET
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 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 Common Share at a price of $0.075 per share for a period of two years from the issuance of such Warrant. A finder's fee and/or finder warrants may be paid on the gross proceeds of all or any portion of the private placement.
Aug 02, 2019 05:00 pm ET
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 on terms agreeable to both parties. The majority of the proceeds will be used to maintain the Company's lease payments as well as working capital.
Jun 26, 2019 01:57 pm ET
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 assets of the company and will update its shareholders in the near term.
Apr 17, 2019 03:38 pm ET
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 Each Unit consists of one common share (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant is exercisable into one Common Share at a price of $0.05 per share for a period of one year from the issuance of such Warrant.
Apr 10, 2019 03:55 pm ET
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 is exercisable into one Common Share at a price of $0.05 per share for a period of one year from the issuance of such Warrant. A finder's fee and or finder warrants may be paid on the gross proceeds of all or any portion of the private placement. The company has agreed to extend the expiry date of Warrants set to expire on August 02, 2019 issued through a financing and announced on July 27th, 2018: the new expiry date will be August 02, 2020, subject to the approval of the TSX Venture Exchange.
Aug 01, 2018 07:00 pm ET
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 Unit consists of one common share (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant is exercisable into one Common Share at a price of $0.075 per share for a period of one year from the issuance of such Warrant.
Jul 27, 2018 07:00 pm ET
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 is exercisable into one Common Share at a price of $0.075 per share for a period of one year from the issuance of such Warrant. A finder's fee and or finder warrants may be paid on the gross proceeds of all or any portion of the private placement.
Jul 12, 2018 08:30 am ET
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.
May 30, 2018 08:30 am ET
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.
Apr 30, 2018 08:30 am ET
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"). Each Warrant is exercisable into one Common Share at a price of $0.15 per share for a period of Two years from the issuance of such Warrant. A finder's fee (in the form of cash and/or finder warrants) may be paid on the gross proceeds of all or any portion of the private placement.
Apr 24, 2018 08:30 am ET
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.
Nov 30, 2017 08:30 am ET
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 targeted depths as a result of poor drilling conditions and thus, did not evaluate all of the Company's primary objectives.
Jul 22, 2016 12:59 pm ET
Teras Announces Increase to and Closing of Unit Private Placement
Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA): 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 9,454,332 Units at a price of $0.12 per Unit for gross proceeds of $1,134,520. Each Unit consists of one common share (a "Common Share") and one Common Share purchase warrant (a
Jul 22, 2016 12:59 pm ET
Teras Announces Increase to and Closing of Unit Private Placement
Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE:TRA): 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...