Mr. Richard Patricio reports

TERRENO RESOURCES CORP. ANNOUNCES SHARES FOR DEBT

Terreno Resources Corp., following receipt of TSX Venture Exchange approval, has completed the shares-for-debt transaction announced in its Feb. 4, 2014, press release and has issued an aggregate of 8,322,574 common shares to settle outstanding debts of $416,129.70 to various creditors of the company. The common shares were issued at a deemed price of five cents per common share and were issued subject to a four-month hold.