VANCOUVER, Oct. 14, 2014 /CNW/ - Terrace Energy Corp. (the "Company" or "Terrace") (TSXV: TZR, OTCQX: TCRRF; Germany: 2TR) is pleased to announce that the Supreme Court of British Columbia has granted a final order approving the Company's previously announced arrangement under which the holders of the Company's outstanding 8% convertible unsecured notes due April 2, 2018 are to be exchanged for new notes that are expected [...]
VANCOUVER, Oct. 7, 2014 /CNW/ - Terrace Energy Corp. (the "Company") (TSXV: TZR, OTCQX: TCRRF, FRANKFURT: 2TR) is pleased to report the following progress on each of its material projects. STS Olmos Development Project, McMullen and LaSalle Counties, Texas The STS 2-6H has been drilled to a total depth of 14,474' including approximately 4,900' of lateral length within the objective zone. Mud log data during drilling [...]
VANCOUVER, Sept. 29, 2014 /CNW/ - Terrace Energy Corp. (the "Company") (TSXV: TZR, OTCQX: TCRRF, FRANKFURT: 2TR) is pleased to announce it has drilled its first well on the Big Wells Buda Project and provides the following operations updates on its other material projects. Big Wells Buda Development Project, Dimmit County, Texas The Company is pleased to report that drilling operations have been successfully concluded [...]
VANCOUVER, Sept. 17, 2014 /CNW/ - Terrace Energy Corp. (the "Company" or "Terrace") (TSXV: TZR, OTCQX: TCRRF; Germany: 2TR) today announced that the Supreme Court of British Columbia (the "Court") has issued an interim order authorizing, among other things, a special meeting (the "Meeting") of the holders (the "Noteholders") of its outstanding 8% convertible unsecured notes due April 2, 2018 (the "Notes") to seek approval [...]
VANCOUVER, Aug. 20, 2014 /CNW/ - Terrace Energy Corp. (the "Company") (TSXV: TZR, OTCQX: TCRRF, FRANKFURT: 2TR) is pleased to provide the following operations update. As previously announced, the Company recently completed a $23 million common share offering primarily to fund exploration drilling activities on its Big Wells and Maverick County projects and obtained through a subsidiary a US$75 million unsecured credit [...]
VANCOUVER, Aug. 6, 2014 /CNW/ - Terrace Energy Corp. (the "Company" or "Terrace") (TSXV: TZR, OTCQX: TCRRF; Germany: 2TR) today announced that it intends to call a special meeting (the "Meeting") of the holders (the "Noteholders") of its outstanding 8% convertible unsecured notes of the Company due April 2, 2018 (the "Notes") to seek approval for an arrangement (the "Arrangement") under the Business Corporations Act [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, July 31, 2014 /CNW/ - Terrace Energy Corp. (the "Company") (TSXV: TZR, OTCQX: TCRRF; FRANKFURT: 2TR) is pleased to announce that Canaccord Genuity Corp. ("Canaccord"), on behalf of a syndicate of underwriters comprising Canaccord, Cormark Securities Inc., GMP Securities L.P. and Salman Partners Inc., has [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, July 29, 2014 /CNW/ - Terrace Energy Corp. (the "Company") (TSXV: TZR, OTCQX: TCRRF; FRANKFURT: 2TR) is pleased to announce that Canaccord Genuity Corp. ("Canaccord"), on behalf of a syndicate of underwriters comprising Canaccord, Cormark Securities Inc., GMP Securities L.P. and Salman Partners Inc., has provided [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, July 23, 2014 /CNW/ - Terrace Energy Corp. (the "Company") (TSXV: TZR, OTCQX: TCRRF; FRANKFURT: 2TR) is pleased to announce it has completed its bought deal public offering of 10,820,000 common shares at a price of CDN$1.85 per share for gross proceeds of CDN$20,017,000 under the Company's short-form prospectus [...]
VANCOUVER, July 16, 2014 /CNW/ - Terrace Energy Corp. (the "Company" or "Terrace") (TSXV: TZR, OTCQX: TCRRF; Germany: 2TR) is pleased to announce, further to its press release dated June 9, 2014, it has obtained the consent of the South Texas Syndicate to the transfer and registration of certain leasehold working interests between the Company and its partner, as reported on November 26, 2013. As previously disclosed, the [...]
In c9577 issued at 09:34e today, please note that the issuer name should read "TERRACE ENERGY" not "TERRANCE ENERGY". Corrected copy follows: IIROC Trading Halt - TZR VANCOUVER, July 3, 2014 /CNW/ - The following issues have been halted by IIROC: Company: TERRACE ENERGY TSX-Venture Symbol: TZR Reason: At the Request of the Company Pending News Halt Time (ET): 9:20 AM ET IIROC can make a decision to impose a [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, July 3, 2014 /CNW/ - Terrace Energy Corp. (the "Company") (TSXV: TZR, OTCQX: TCRRF; FRANKFURT: 2TR) has entered into an agreement with a syndicate of underwriters, led by Canaccord Genuity, pursuant to which the underwriters have agreed to purchase 10,820,000 common shares on a "bought deal short form [...]