TGC

Terra Nova Energy Ltd. (TSX VENTURE: TGC) ("Terra Nova" or the "Corporation")
announces that its former auditor, Morgan and Company ("Morgan"), has resigned
effective August 17, 2012, at the request of the Corporation, and KPMG LLP
("KPMG") has been appointed as the successor auditor. In accordance with
National Instrument 51-102, the Corporation intends to file a Change of Auditor
Notice on SEDAR, together with letters from Morgan and KPMG, each confirming
that it is in agreement with the statements contained in the notice, as
applicable.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

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