TSX-V TZR.V last: 0.01 vol: 208000 OTCQX TCRRF last: 0.01 vol: 1000

2013 news releases

Terrace Energy Corp Begins Trading on OTCQX

Vancouver, BC January 7, 2013 – Terrace Energy Corp. (OTCQX: TCRRF; TSXV: TZR, the “Company”) is pleased to announce that it began trading today on OTCQX International, a segment of the OTCQX marketplace reserved for high-quality non-U.S. companies listed on a qualified stock exchange in their home country. Terrace Energy trades in the U.S. under the symbol “TCRRF.”

Investors can find current financial disclosures and real-time quotes for the Company on www.otcmarkets.com. The Company’s financial statements and MD&A can also be found on SEDAR.com or the Company website at www.terraceenergy.net.

OTC Markets Group Inc. is operator of the OTCQX, OTCQB and OTC Pink financial marketplaces for 10,000 U.S. and global securities.

Merriman Capital, Inc. (OTCQX: MERR) will serve as Terrace Energy’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements.

Additionally, the Company is pleased to announce that it has appointed Mr. Daniel Carriere as Chairman of the Board, and Mr. Anthony Alvaro as Vice President, Corporate Development.

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 non-operating investments in two principal properties situated in Texas with targets in the "Olmos" and "Eagle Ford" formations and an option to acquire and develop, as operator, approximately 15,000 acres in the “Mississippi Lime” formation.


“Eric Boehnke”
Eric Boehnke, Chief Executive Officer

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.