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
October 1, 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 5.03 | AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCALYEAR. |
Amendment To Articles Of Incorporation
Effective October 1, 2009, Terrace Ventures Inc. (the "Company") amended its Articles of Incorporation in accordance with Article 78.207 of Chapter 78 of the Nevada Revised Statutes by decreasing its issued and authorized common stock on a one-for-five basis (the “Reverse Split”). Accordingly, the authorized capital of common stock has been 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 shares of common stock were decreased correspondingly from 47,353,200 shares to 9,470,644 shares.
A copy of the Company’s filed stamped Certificate of Change to its authorized capital is attached as an exhibit to this report.
| ITEM 7.01 | REGULATION FD DISCLOSURE |
New Stock Symbol
Effective October 1, 2009, as a result of the Reverse Split, the Company’s trading symbol has been changed from "TVEN" to “TVER.”
| ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS. |
(d)Exhibits
| Exhibit Number | Description of Exhibit |
| 3.1 | Certificate of Change Pursuant to NRS 78.209 decreasing the authorized capital of common stock to 80,000,000 shares, par value $0.001 per share. |
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: October 2, 2009 | ||
| By: | /s/ Howard Thomson | |
| HOWARD THOMSON | ||
| President and Chief Executive Officer | ||
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