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CALGARY, ALBERTA--(Marketwired - May 23, 2013) - Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE:TRA) (OTCQX:TRARF) Peter Leger, President and Chief Executive Officer of Teras is pleased to announce that the Company intends to complete a non-brokered private placement of up to 3,000,000 Common Shares at a price of $0.50 per common share (a "Common Share") for gross proceeds of up to $1,500,000. A finder's fee of up to 8% of the gross proceeds may be paid on all or any portion of this private placement. |
