TEARLACH RESOURCES LIMITED ("TEA") BULLETIN TYPE: Shares for Debt BULLETIN DATE: October 11, 2012 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,166,500 shares and 2,166,500 share purchase warrants to settle outstanding debt for $108,325.
Number of Creditors: 1 Creditor
Warrants: 2,166,500 share purchase warrants to purchase 2,166,500 shares
Warrant Exercise Price: $0.10 for a five year period
The Company shall issue a news release when the shares are issued and the debt extinguished. ________________________________________
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