-----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, We2PbBQWv0jZ0IIrAcO3r+mn2cuby1L2bZ3CuJCJVLy8h+i6maWiGyIl2RjpeH7Y Er6YF32pPsz40++Zh4eaEQ== 0001062993-09-003193.txt : 20090904 0001062993-09-003193.hdr.sgml : 20090904 20090904142354 ACCESSION NUMBER: 0001062993-09-003193 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090902 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20090904 DATE AS OF CHANGE: 20090904 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: 091055837 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 sedaredgar.com - 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

September 2, 2009
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 incorporation) (Commission File Number) (IRS Employer Identification No.)

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))



ITEM 7.01 REGULATION FD DISCLOSURE

Approval of 1-for-5 Reverse Stock Split

On September 2, 2009, the Board of Directors of Terrace Ventures Inc. (the “Company”) approved a one-for-five reverse split of the Company’s common stock (the “Reverse Stock Split”). The Company’s Board of Directors believes that tightening the capital structure by completing the Reverse Stock Split will assist the Company in obtaining the financing required for growth and successful implementation of the Company’s business plan.

Upon completion of the Reverse Stock Split, the Company’s authorized capital of common stock will be decreased from 400,000,000 shares, par value $0.001 per share, to 80,000,000 shares, par value $0.001 per share, and the issued and outstanding common stock will be reduced from 47,353,200 shares to approximately 9,470,640 shares subject to rounding up of any fractional shares to the nearest whole number. The Reverse Stock Split is expected to be effective on October 1, 2009.

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: September 4, 2009  
  By: /s/ Howard Thomson
     
    HOWARD THOMSON
    President and Chief Executive Officer

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