Terra Nova Royalty Corporation Reports Third Quarter EPS of $.19

Terra Nova Royalty Corporation (NYSE: TTT) reports 2010 third quarter results. For the three months ended September 30, 2010, Terra Nova reported total income from our resource property of $16.2 million and net income of $6.2 million, or $0.19 per share on a diluted basis. As at September 30, 2010, Terra Nova had cash and securities of $145.3 million and working capital was $155.3 million.