Terrace Energy Announces Personnel Change

VANCOUVER, Jan. 20, 2017 /CNW/ - Terrace Energy Corp. (the "Company") (TSXV: TZR) announces that George R. Morris, Senior Vice President and Chief Operating Officer, has resigned to pursue other opportunities. The Company thanks Mr. Morris for his service and wishes him well in his new endeavors.

About Terrace Energy
Terrace Energy is an oil & gas development stage company that is focused on unconventional oil extraction in onshore areas of the United States.

ON BEHALF OF THE BOARD OF DIRECTORS

"Dave Gibbs"
Dave Gibbs, CEO

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE Terrace Energy Corp.