Terreno Unaware of Any Material Change

About this update from Terreno Resources Corp.

[{"type":"text","content":"Terreno Unaware of Any Material Change(via TheNewswire)\n \n \nTORONTO, CANADA / TheNewswire / January 5, 2018 - Terreno Resources Corp. (TSXV: TNO.H) (\"Terreno\" or the \"Company\") announces that, at the request of IIROC, the Company wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.\n\n\n \nTerreno has recently received final acceptance from the TSX Venture Exchange for the private placement financing of $350,000 through the issue of 7,000,000 common shares at $0.05 and 7,000,000 warrants exercisable at $0.05 for a period of twelve months from the various conditional closing dates. The financing included proceeds of $30,800 from two directors.\n\n\n \nMr. Brown states that: \"The Company continues to evaluate several potential projects to acquire in order to apply to graduate to the TSX Venture Exchange and is pleased that this financing provides us with the graduation requirements of Policy 2.5 for working capital of the greater of $50,000 or the amount required to maintain operations and cover general and administrative expenses for a minimum of six (6) months.\" \n\n\n \nThe proceeds will be used for general working capital requirements to maintain a listed public company and to conduct due diligence on any potential property of merit projects with the intention to apply to graduate to the TSX Venture Exchange.\n\n\n \nAdditional information on the Company can be viewed at www.sedar.com \n\n\n \nFor additional information, contact: Tel: (905) 467-1109 \n\n\n \nEmail: [email protected] \n\n\n \nSuite 1102, 44 Victoria Street, Toronto, Ontario M5C 1Y2\n\n\n \nNeither The TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.\n\n\n \nThis news release does not constitute an offer to sell or a solicitation of an offer to buy any of Terreno's securities in the United States. None of the securities have been and will not be registered under the United States Securities Act of 1933, as amended (the \"1933 Act\"), or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is...

More updates from Terreno Resources Corp.