SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
Terra Energy Resources Ltd
(Exact name of registrant as specified in its charter)
Delaware 000-52543 20-831765
State or other jurisdiction Commission File Number)(IRS Employer
Of incorporation Identification No)
750 Main Street, Suite 902
Hartford, CT 06103
(Address of principal executive offices)
(Registrants telephone number, including area code)
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
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
Pre-commencement communications pursuant to Rule 13e-4(c)under the Exchange Act.
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS
Effective on June 6, 2013, the Board of Directors of Terra
Energy Resources Ltd,(the "Company")accepted the resignation
of Jonathan Morgan as the President of the Company and
Treasurer/Chief Financial Officer of the Company.
Effective on June 6, 2013, the Board of Directors of the
Company accepted the resignation of Shelley Schonfeld as
the Director of the company.
Effective June 6, 2013, Mr. Rodrigo Von Unger was elected
to the company's Board as its sole director and officer.
Item 8.01 Other Information
On June 17, 2013 the Board of Directors of Terra Energy
Resources Ltd, (the Company) filed a Form 15 with the
Securities and Exchange Commission (SEC) voluntarily
suspending its reporting obligations with the SEC.As a
result of this action, the common stock of the Company
is no longer traded on the OTC Bulletin Board.
The Company continues to trade on the OTC Markets, formerly
The Board of Directors resolution, which was passed on
June 17,2013, expresses the Boards intention to use this
moratorium to better manage utilize its limited operating
income to more efficiently bolster operations to be able to
better afford the cost of compliance.
The Company is actively seeking debt or equity financing to
funds it operations, including retiring debt to allow it to
continue its business development. Once adequate financing
has been secured, the Company will resume its audit.
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
Date: June 18, 2013
TERRA ENERGY RESOURCES, LTD
Rodrigo Von Unger
Chief Executive Officer