Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (1220)	6/5/2013 2:57:28 PM
From: Goose94	Read Replies (1) of 202988

Teras Resources (TRA-V) completes $640,000 private placement June 5, 2013 - News Release Teras Resources Inc. has completed a closing on its previously announced private placement of common shares for gross proceeds of $640,000. The company issued 1.28 million common shares at a price of 50 cents per share. The common shares issued in connection with the offering will be subject to a four-month-and-one-day hold period that expires on Oct. 1, 2013. Finders acting in connection with the offering received fees of $33,600. The net proceeds of the offering will be used to advance the company's Cahuilla project, including further drilling with the intention of increasing the current gold/silver resources and locating deeper high-grade feeder veins. An additional tranche of the private placement is expected to occur shortly. Peter Leger, president and chief executive officer of Teras, stated: "On behalf of Teras, I would like to thank our existing shareholders and the new shareholders for their support of the company. We will provide further details on our upcoming drill program in the near future." We seek Safe Harbor.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next