The TSX Venture Exchange has accepted for expedited filing documentation of an option amendment agreement dated Dec. 3, 2012, between Terreno Resources Corp. and Hugo Bastias with legal right to act on behalf of owners Jorge Alfredo Bastias, Graciela Bastias and Hugo Atilio Bastias succession. The company has the right to acquire a 100-per-cent interest in the Amarillo/Poposa project located in San Juan province, Argentina.
The company and the vendor have agreed to extend the payments and expenditure requirements to Dec. 31, 2015, to earn into the Poposa project. As consideration for the extension, the company will issue 200,000 common shares to the vendor.
The company and the vendor have agreed to extend the payments and expenditure requirements to Dec. 31, 2015, to earn into the Amarillo project. As consideration for the extension, the company will issue 200,000 common shares to the vendor.
For further information, please refer to the company's news release dated Dec. 6, 2012.
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