Terra Nova Announces Name Change to MFC Industrial Ltd and New Trading Symbol

Sep 29, 2011, 13:00 ET from Terra Nova Royalty Corporation

NEW YORK, Sept. 29, 2011 /PRNewswire/ -- Terra Nova Royalty Corporation (NYSE: TTT) announced today that, effective as of the open of trading tomorrow, September 30, 2011, the company's shares will begin trading on the New York Stock Exchange under the new symbol "MIL."  The company previously announced on August 15, 2011, that the Board of Directors approved the name change to MFC Industrial Ltd to more accurately reflect the company's focus as a global commodities supply chain company.  The company's new website address is www.mfcindustrial.com

About MFC Industrial Ltd

MFC Industrial Ltd is a global commodities supply chain company that sources and delivers commodities and materials to clients all over the world, with a special expertise on the financing and risk management aspect of the business.  To obtain further information on the company, please visit our website at www.mfcindustrial.com.

Corporate

Investors

Media

Terra Nova Royalty Corp

Allen & Caron Inc.

Allen & Caron Inc.

Rene Randall

Joseph Allen

Len Hall

1 (604) 683-8286 ex 224

1 (212) 691-8087

1 (949) 474-4300

rene.randall@terranovaroyalty.com

joe@allencaron.com

len@allencaron.com

SOURCE Terra Nova Royalty Corporation