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1/30/2015 - 11:53 AM EST - Teras Resources Inc. : has closed its non-brokered private placement of common shares of the Company at a price of $0.08 per Common Share. A total of 17,824,250 Common Shares were issued for total gross proceeds of $1,425,940. After giving effect to the offering, Teras has 135,547,146 Common Shares issued and outstanding. Teras Resources Inc.
shares V.TRA are trading unchanged at $0.12.