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Terraco Gold Corp (TCEGF) 0.1070 $TCEGF Altair

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Post# of 273394
Posted On: 06/19/2016 8:08:37 PM
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Posted By: Stock_Tracker
Terraco Gold Corp (TCEGF) 0.1070 $TCEGF

Altair Adds Dr. Ato Taheri to Advisory Board
Marketwire Canada - Tue May 24, 8:04AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 24, 2016) - ALTAIR GOLD INC. ("Altair" or the "Company" (TSX VENTURE:AVX)(FRANKFURT:90A)(ISIN: CA0213702008; WKN: WKN A14WVP) Mr. John Huguet, Chairman of the Board, is pleased to announce the addition of Dr. Abo Taheri, PhD, Industrial Management, to our Advisory Board. Dr. Taheri is currently Managing Partner of Denna Homes, a company formed in 2005 which at present is developing the billion dollar Selynn Village in the Lower Lynn Valley, in North Vancouver, British Columbia. Dr Taheri brings 35 years of international experience to the Advisory Board. His educational background brought him experience in London, England as well as the United States where he completed his degrees in Environmental Design, Masters of Business Administration and Doctorate of Industrial Management. His work experience also has a broad international base having operated as Chief Executive Officer of 6 international companies. His enduring reputation is acknowledged as one of the top directors in his industry. We welcome Dr. Taheri and his broad experience to our Advisory Board.
AVX.VN: 0.300 (+0.050)

Terraco to Exercise Spring Valley Royalties and Enters Into US$19,030,000 Strategic Transaction
Marketwired - Mon May 16, 9:08AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 16, 2016) - Terraco Gold Corp. (TSX VENTURE:TEN) ("Terraco" or the "Company" is pleased to announce that it has entered into definitive agreements with Solidus Resources, LLC, a wholly-owned subsidiary of Waterton Precious Metals Fund II Cayman, LP (collectively, "Waterton", pursuant to which Waterton will acquire 100% of the Company's claims, leases, title and mineral rights proximate to Waterton's Spring Valley gold project in Pershing County, Nevada ("Spring Valley", including the Company's Moonlight Project located adjacent to the north of Spring Valley but excluding certain royalties held by the Company, (collectively, the "SV Proximal Assets" in exchange for US$7,000,000 in cash (the "Cash Consideration" and a 2% NSR on the SV Proximal Assets (the "Asset Purchase". Concurrently with the Asset Purchase, Waterton will subscribe for a senior unsecured convertible debenture in the aggregate principal amount of US$12,030,000 (the "Debenture" in TGC Holdings, Ltd. ("TGC Holdings", a wholly-owned subsidiary of the Company, (the "Debenture Transaction" and together with the Asset Purchase, the "Transactions". The Debenture will bear 0.05% (five hundredths of one percent) interest per annum, will have a term of five years and may be converted into either common shares of Terraco ("Terraco Shares" at a price of C$0.18 per share, representing a 57% premium to the Company's twenty-day volume weighted average price of $0.1149 as at May 13, 2016, or into shares of TGC Holdings ("TGC Shares".
TEN.VN: 0.135 (+0.005)

Terraco Gold Corp. Grants Stock Options
Marketwired - Thu Nov 26, 5:24PM CST
Terraco Gold Corp. (TSX VENTURE: TEN) ("Terraco" or the "Company" is pleased to announce that, pursuant to its Stock Option Plan and subject to regulatory acceptance, it has granted an aggregate total of 4,050,000 incentive stock options to certain directors, officers, employees and consultants of the Company, subject to certain vesting provisions. These options will be exercisable at a price of $0.12 per common share and will expire on November 26, 2020.
TEN.VN: 0.135 (+0.005)



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