TNO

Terreno Resources Corp. (TSX VENTURE:TNO) ("Terreno" or the "Company") is
pleased to announce that it closed its non-brokered private placement announced
on July 15, 2011 and July 25, 2011, raising gross proceeds of $2,739,750 through
the issuance of 18,264,997 units at a price of $0.15 per Unit (each a "Unit").
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. The
securities issued under the private placement are subject to a four month hold
period expiring on December 10, 2011.


Finder's fees of $188,982 were paid in cash, and 1,259,883 Warrants were issued
on the placement to registered agents and 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.


Subscribers to the placement included insiders and or control persons of Terreno
or their affiliates purchasing 6,673,333 Units.


June Hamilton corporate secretary of the Company has resigned effective
immediately, and the Company thanks June for all her efforts in the past years.
Gerry Feldman, Chief Financial Officer of the Company will assume June's duties
as corporate secretary.


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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