Terra Nova Minerals Inc.: Relinquishment of Mineral Property

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAW. 


Terra Nova Minerals Inc. ("Terra Nova" or the "Company") (TSX VENTURE:TGC)
announces that pursuant to its recent acquisition of oil and gas property
interests in Australia, and its consequent change from a junior mining issuer to
an oil and gas issuer on the TSX Venture Exchange, it has terminated the option
agreement between Terra Nova and August Metal Corp dated October 8, 2010 and
amended December 15, 2011 re: the El Capitan property in British Columbia,
effective May 31, 2012. Under the option agreement, no obligations of the
Company under the terms of the agreement shall be of further force and effect
from the Termination Date (as defined in the option agreement) including the
deferred due expenditures of $250,000 on the property which were otherwise to
have been incurred on or before June 30, 2012.


About Terra Nova Minerals Inc.

Terra Nova Minerals Inc. is a TSX-V Tier 2 corporation. through its wholly owned
subsidiary, Terra Nova Resources Inc., the Company is engaged in the
acquisition, exploration, development, and production of oil and gas resources
in Australia. 


For more information on Terra Nova Minerals Inc. (TSX VENTURE:TGC) see the
documents filed by Terra Nova under the Company's profile at www.sedar.com.

Terra Nova Energy Ltd. (TSXV:TGC)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024