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Terreno Announces Private Placement Offering Of Up To C$500,000 For Tantalum Exploration And Development
(TheNewswire)   TORONTO, JANUARY 21 st , 2026 – TheNewswire - TERRENO RESOU...
About this update from Terreno Resources Corp.
[{"type":"text","content":" Terreno Announces Private Placement Offering Of Up To C$500,000 For Tantalum Exploration And Development\n(TheNewswire)\n\n \n\n\nTORONTO, JANUARY 21st, 2026 –\nTheNewswire - TERRENO\nRESOURCES CORP. (TNO.H- NEX) (“Terreno” or the “Company”) is\npleased to announce a non-brokered private placement (the\n“Offering”) for gross proceeds of up to $500,000.\n\n\nThe Offering will be in Units and will consist of a\ncombination of Common Shares and Share Purchase Warrants of the\nCompany. The 10 Million Units will be offered at C$0.05.  Each Common\nShare will entitle the holder to purchase one Common Share of the\nCompany at C$0.05 and one Share Purchase Warrant at C$.07 for a period\nof 12 months following the issue date.\n\n\nThe Share Purchase Warrants are subject to an\nacceleration provision whereby at any time after the issue date, if\nfor at least ten (10) consecutive trading days, the volume weighted\naverage price at which the Common Shares trade on the Exchange each\nday exceeds C$0.14 per share, the Company may issue a notice (the\n“Acceleration Notice”) to the Holder (which Acceleration Notice\nwill be given to the holder by the Company disseminating a press\nrelease) to accelerate the expiry time of the Share Purchase Warrant\n (the “Acceleration Right”) to a date thirty (30) calendar days\nfollowing the date of the Acceleration Notice. \n\n\nThe Company intends to use the proceeds of the Offering\nfor the exploration and development of the Company’s Metal 46\ntantalum project in Bolivia and for general working capital.\n\n\nThe closing of the Offering is subject to receipt of\nall necessary regulatory approvals, including those of the TSX Venture\nExchange.  Finder’s fees or commissions or share purchase warrants\nwill be payable in accordance with market conditions and policies of\nthe TSX Venture Exchange.  Any of the Common Shares of the Company\nthat are issued and those issuable from any finder’s warrants will\nbe subject to a hold period ending on the date that is four months\nplus one day following the issue date of those share in accordance\nwith applicable securities laws.\n\n\n  \n\n\nThe securities offered have not been and will not be\nregistered under the United States Securit...