TSX-V TZR.V last: 0.02 vol: 5000 OTCQX TCRRF last: 0.02 vol: 500

2012 news releases

Terrace Grants New Options To An Officer

Vancouver, BC, July 9, 2012 – Terrace Energy Corp. (TSXV: TZR, the “Company”) announces it has granted incentive options to an officer of the Company entitling her to purchase up to 75,000 common shares in the capital of the Company at the price of $1.35 per share for a period of five year. The options vest 10% immediately and 15% every six months thereafter.

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. It currently has two principal properties situated in Texas with targets in the “Olmos” and “Eagle Ford” formations.

APPROVED BY THE BOARD OF DIRECTORS

“Eric Boehnke”
Eric Boehnke, Chief Executive Officer


For further information please contact:

Terrace Energy Corp.

terrace@terraceenergy.net

 
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