TNO

Terreno Resources Corp. (TSX VENTURE:TNO) (the "Company") reports that further
to the Company's news release dated July 15, 2011, the Company has increased the
non-brokered private placement of Units at $0.15 per Unit (each a "Unit") from
10,000,000 units to 14,000,000 units for aggregate proceeds of $2,100,000. As
previously disclosed, each Unit is comprised of one common share and one half
share purchase warrant. Each full purchase warrant (a "Warrant") entitles the
holder to acquire one additional common share for a period of two years at a
price of $0.25.


A finder's fee of 7% of the proceeds placed payable in cash and 7% of the Units
placed payable in Warrants is payable on portions of the placement to registered
agents/brokers.


Proceeds of the placement will be applied to the Company's gold, copper and
silver projects in Argentina, the phosphate and potash projects in Brazil
(subject to closing the transaction detailed in a press release dated April 20,
2011) in addition to general working capital.


It is currently anticipated that subscribers to the Offering will include
insiders and/or control persons of Terreno or their affiliates.


The Offering is subject to the approval of the TSX Venture Exchange and all
securities issued will be subject to a standard four-month hold period.


About Terreno Resources

Terreno, meaning "of the earth" in Spanish, represents the Company's focus on
natural resource opportunity development in South America. Terreno has option
agreements on three exploration projects in Argentina; La Poposa (formerly
referred to as Amarillo) in San Juan, Socompa and Trigal in Salta. All three
projects boast significant alteration systems and have the potential for copper,
gold and silver mineralization. For more information, please visit
www.terrenoresources.com.

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