Terraco Gold Corp. (TSX.V:TEC, US:TCEGF) has a gold project portfolio that includes a gold royalty and royalty option (up to 3% NSR) on the Spring Valley Gold Project (Nevada), which is a joint venture between the world's largest gold producer, Barrick Gold Corp, and Midway Gold Corp.

 

 

Latest News Release

Terraco Gold Announces Can$600,000 Private Placement

Terraco Gold Corp. has arranged a non-brokered private placement of up to eight million units at a price of 7.5 cents per unit for total gross proceeds of up to $600,000. Each unit will comprise one common share of the company and one-half of one share purchase warrant. Each whole warrant will entitle the holder thereto to purchase for a period of 24 months one additional share at an exercise price per warrant share of 10 cents.

 

All securities issued under the private placement will be subject to a hold period of four months and one day from the closing date. The company may pay finders' fees in cash and issue finder warrants. The private placement and finders' fees are subject to regulatory approval.

 

Net proceeds from the private placement will be used for corporate development and general working capital purposes related to 2015 and 2016.

 

 

Legal Notice / Disclaimer

 

This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment.

 

Richard Mills has based this document on information obtained from sources he believes to be reliable but which has not been independently verified.

 

Richard Mills makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Richard Mills only and are subject to change without notice. Richard Mills assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission.

 

Furthermore, I, Richard Mills, assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information provided within this Report.


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