Terra Energy Resources Ltd (OTCMKTS:TRRE) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 ENTRY INTO A MATERIAL AGREEMENT
On October 31, 2016 the company entered into a material agreement to acquire Two-Hundred Million shares (200,000,000) representing 35% of Berkshire Enterprises, Inc., an Ontario company in a tax free exchange for Two-Hundred Million shares (200,000,000) restricted common shares of Terra Energy Resources, Ltd.
Item 9-Exhibits
Exhibit 99.1-Copy of Share Exchange Agreement
About Terra Energy Resources Ltd (OTCMKTS:TRRE)
Terra Energy Resources, Ltd. is engaged in the process of polymer-based recycling and reformation. The Company operates a 25,000 square foot processing facility whereby it reduces and re-circulates oil-based polymer compounds back to useable functioning process streams, thereby diverting oil-based compounds from waste streams and contaminations. The Company produces various oil-based polymer materials that are sent back to manufacturers for re-use. The Company produces on-going back-end services and support and recycling to a New York Stock Exchange listed company. The Company’s facility is located in the province of Ontario, Canada, where it maintains its recycling operations. Its subsidiaries include Energy Recyclers, Inc. and Atari Games International N.A. Inc. Terra Energy Resources Ltd (OTCMKTS:TRRE) Recent Trading Information
Terra Energy Resources Ltd (OTCMKTS:TRRE) closed its last trading session down -0.010 at 0.220 with 2,500 shares trading hands.
