February 27, 2019
Terranueva raises $278,750 following exercise of rights
MONTRÉAL, QUÉBEC – TERRANUEVA CORPORATION (“Terranueva”) announces that it has raised $278,743.04 from its rights offering (the “Rights”), which started on October 30, 2018, while holders have exercised Rights at $0.64 each to acquire an aggregate of 435,536 common shares in the capital stock of Terranueva, of which none was subscribed by insiders of Terranueva. No stand-by commitment or additional subscription privilege had been agreed and no commission was payable as well. All unexercised Rights are now null and void. Terranueva currently has 32,832,161 common shares issued and outstanding.