Mr. Richard Patricio reports

TERRENO RESOURCES CORP. ANNOUNCES TERMINATION OF ARRANGEMENT AGREEMENT WITH CROWN LIFE

Further to Terreno Resources Corp.'s press release dated June 18, 2015, about the execution of an arrangement agreement between Terreno and Crown Life Canada Ltd., Crown Life has entered into an alternative transaction agreement with Crestwell Resources Inc.

As disclosed in a Crestwell press release dated Aug. 14, 2015, Crown Life and Crestwell have entered into a definitive transaction agreement, and Crown Life and Terreno have mutually agreed to terminate their arrangement agreement. As part of the termination of the arrangement agreement, Crown Life has agreed to pay Terreno a settlement fee of $140,000.

Terreno intends to continue with its current business activities.

We seek Safe Harbor.