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United States

Terraco Gold Corp (TEN.V)

TEN.V on TSX Venture Exchange

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Latest Key Developments (Source: Significant Developments)

Terraco Gold to exercise spring valley royalties
Monday, 16 May 2016 10:08am EDT 

Terraco Gold Corp : Terraco to exercise spring valley royalties and enters into $19 mln strategic transaction . Has entered into definitive agreements with Solidus Resources LLC, a wholly-owned unit of Waterton Precious Metals Fund II Cayman LP . Waterton will buy 100 pct of co's claims, leases, title and mineral rights proximate to waterton's spring valley gold project in Nevada . Waterton to buy 100 pct of co's claims, leases, title and mineral rights in exchange for $7 million in cash and a 2 pct NSR on SV proximal assets .Concurrently with asset purchase, Waterton to subscribe for senior unsecured convertible debenture in amount of $12 million in TGC Holdings.  Full Article

Terraco Gold to exercise spring valley royalties
Monday, 16 May 2016 10:08am EDT 

Terraco Gold Corp : Terraco to exercise spring valley royalties and enters into $19 mln strategic transaction . Has entered into definitive agreements with Solidus Resources LLC, a wholly-owned unit of Waterton Precious Metals Fund II Cayman LP . Waterton will buy 100 pct of co's claims, leases, title and mineral rights proximate to waterton's spring valley gold project in Nevada . Waterton to buy 100 pct of co's claims, leases, title and mineral rights in exchange for $7 million in cash and a 2 pct NSR on SV proximal assets .Concurrently with asset purchase, Waterton to subscribe for senior unsecured convertible debenture in amount of $12 million in TGC Holdings.  Full Article

Terraco Gold Corp closes financing
Friday, 31 Jul 2015 12:46pm EDT 

Terraco Gold Corp:Closed its non-brokered private placement by issuing 8,841,397 units at a price of CAN$0.075 per Unit for gross proceeds of about CAN$663,105.  Full Article

Terraco Gold Corp closes financing
Friday, 31 Jul 2015 12:46pm EDT 

Terraco Gold Corp:Closed its non-brokered private placement by issuing 8,841,397 units at a price of CAN$0.075 per Unit for gross proceeds of about CAN$663,105.  Full Article

Terraco Gold Corp announces C$600,000 private placement
Friday, 17 Jul 2015 12:51pm EDT 

Terraco Gold Corp:Says non-brokered private placement of up to 8,000,000 units at a price of C$0.075 per unit, for total gross proceeds of up to C$600,000.Net proceeds from the Private Placement will be used for corporate development and general working capital purposes related to 2015 and 2016.  Full Article

Terraco Gold Corp announces C$600,000 private placement
Friday, 17 Jul 2015 12:51pm EDT 

Terraco Gold Corp:Says non-brokered private placement of up to 8,000,000 units at a price of C$0.075 per unit, for total gross proceeds of up to C$600,000.Net proceeds from the Private Placement will be used for corporate development and general working capital purposes related to 2015 and 2016.  Full Article

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