Teras Announces $1,400,000 Private Placement to Advance It's Cahuilla Project to a New Level

April 30th, 2018

Calgary, Alberta--(Newsfile Corp. - April 30, 2018) - Teras Resources Inc. ("Teras" or the "Company") (TRA.V): is pleased to announce that it intends to complete a non-brokered private placement of up to 17,500,000 units (each a "Unit") at a price of $0.08 per Unit for gross proceeds of up to $1,400,000, subject to approval of the TSX Venture Exchange.

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