Filed by Automated Filing Services Inc. (604) 609-0244 - Terrace Ventures Inc.

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TVuwsqTEaicPV1BjvklOnHWpRmE0wppeHZZaOfb6N7+rYXclW56yiod990z960Nd 81ZiEttaGfK7ZO1Bm1EhnA== 0001062993-07-002132.txt : 20070604 0001062993-07-002132.hdr.sgml : 20070604 20070601174853 ACCESSION NUMBER: 0001062993-07-002132 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070531 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20070604 DATE AS OF CHANGE: 20070601 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TERRACE VENTURES INC CENTRAL INDEX KEY: 0000821899 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] IRS NUMBER: 912147101 STATE OF INCORPORATION: NV FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50569 FILM NUMBER: 07895315 BUSINESS ADDRESS: STREET 1: 810 PEACE PORTAL DR STREET 2: SUITE 202 CITY: BLAINE STATE: WA ZIP: 98230 BUSINESS PHONE: 360-220-5218 MAIL ADDRESS: STREET 1: 810 PEACE PORTAL DR STREET 2: SUITE 202 CITY: BLAINE STATE: WA ZIP: 98230 8-K 1 form8k.htm CURRENT REPORT Filed by Automated Filing Services Inc. (604) 609-0244 - Terrace Ventures Inc. - Form 8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

May 31, 2007
Date of Report (Date of earliest event reported)

TERRACE VENTURES INC.
(Exact name of registrant as specified in its charter)

NEVADA	000-50569	91-2147101
(State or other jurisdiction of	(Commission File	(IRS Employer Identification No.)
incorporation)	Number)

810 Peace Portal Drive, Suite 202,
Blaine, WA	98230
(Address of principal executive offices)	(Zip Code)

(360) 220-5218
Registrant's telephone number, including area code

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions:

____ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

____ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)

____ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))

____ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))

SECTION 5 – CORPORATE GOVERNANCE AND MANAGEMENT

ITEM 5.02

DEPARTURES OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.

Effective May 31, 2007, Gordon F. Burley has resigned as a Director of the Company. Mr. Burley’s resignation was for personal reasons. There was no disagreement between Mr. Burley and the Company regarding any matter relating to the Company’s operations, policies or practices.

The number of directors has been reduced to one. The Company has no replacement director to fill the vacancy by Mr. Burley’s resignation. Howard Thomson shall serve as the sole director of the Company.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	TERRACE VENTURES INC.

Date: June 1, 2007
	By:	/s/ Howard Thomson
		HOWARD THOMSON
		President and Chief Executive Officer

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