Terraco Gold Corp. (TSX Venture:TEN) ("Terraco" or the "Company") is pleased to
announce that it has elected to participate in the Direct Registration System
("DRS"). The DRS program allows Terraco shareholders to keep their securities in
"book-entry" form without having a physical share certificate issued as evidence
of ownership. Instead, Terraco shares are held in the shareholder name and
registered electronically in the Company's records, which are maintained by
Terraco's transfer agent, Computershare ("Computershare"). Current shareholders
are not affected, or required to take any action, by the Company's participation
in the DRS program which is simply a step towards facilitating current or
potential new shareholders in their ability to hold shares of the Company
electronically. 


"Over time, we have been receiving more and more inquiries from retail
shareholders, particularly in the United States., about holding their shares
electronically and felt that it would be beneficial for Terraco to facilitate
the DRS system as a service to all of its shareholders," said Todd Hilditch, CEO
of Terraco Gold Corp. 


If you are a registered holder of the Company's common shares and wish to
convert physical securities to DRS, go to www.computershare.com for additional
information. Computershare can also be directly contacted at:




Computershare Investor Services                                             
100 University Avenue, 9th Floor                                            
Toronto, Ontario                                                            
M5J 2Y1                                                                     
Telephone: 1-800-564-6253                                                   



About DRS

DRS has been operating in the US for over 10 years and is supported by the
Securities and Exchange Commission (SEC) and by the three national US stock
exchanges (NYSE, MKT and NASDAQ). In Canada, DRS is supported by all of the
provincial and federal Business Corporation Acts allowing for a book-entry
alternative to the share certificate. DRS is also supported by CDS on behalf of
the financial intermediaries who hold all depository securities in book form and
that have made DRS the default withdrawal process from CDS. 


Holders of securities in DRS have all the traditional rights and privileges as
holders of securities in certificate form. Securityholders benefit because:




--  It eliminates the need for securityholders to safeguard and store
    certificates. 
--  It avoids the significant cost of a surety bond for the replacement of
    and effort involved in replacing physical certificate(s) that might be
    lost, stolen or destroyed. 
--  It permits/enables electronic security transactions between your broker
    or dealer and Computershare as transfer agent. 
--  It provides a full audit trail of all DRS transactions.



The default for all new issuances and transfers of Terraco shares will be
electronic book-entry form, unless a paper stock certificate is requested. There
is no cost to shareholders to maintain your ownership this way. 


The Company also announces the expiration of 3,400,000 incentive stock options
within the last 60 days and as of today, the grant of an aggregate total of
2,925,000 incentive stock options to directors, officers, employees and
consultants of Terraco pursuant to its Stock Option Plan with certain vesting
provisions. These options will be exercisable at a price of CAN$0.11 per share,
which is a 10% premium to today's closing price, and will expire on October 29,
2018. The grant of the incentive stock options is subject to regulatory
approval.


Terraco is a mineral exploration company, listed on the TSX Venture Exchange
under the symbol "TEN". Please visit Terraco's website at www.terracogold.com
for additional information.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Terraco Gold Corp.
Todd Hilditch
President and CEO
(604) 443-3831 or Toll free: 1 (877) 792-6688, Ext. 2
(604) 682-3860 (FAX)
www.terracogold.com

Terraco Gold (TSXV:TEN)
Gráfica de Acción Histórica
De May 2024 a Jun 2024 Haga Click aquí para más Gráficas Terraco Gold.
Terraco Gold (TSXV:TEN)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024 Haga Click aquí para más Gráficas Terraco Gold.