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Latest Terra Nova Stories

2010-12-02 09:10:00

ST. JOHN'S, Newfoundland, Dec. 2, 2010 /PRNewswire/ -- Statoil has been awarded interests in four new licences offshore Canada. The new acreage underlines the company's ambitions in the area. The licences include a Significant Discovery Licence (SDL) and three Exploration Licences (ELs) off the coast of Newfoundland, awarded through a land sale issue by the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB). "We are very pleased to learn that we have been successful in...

2010-11-09 10:30:00

NEW YORK, Nov. 9, 2010 /PRNewswire-FirstCall/ -- Terra Nova Royalty Corporation (NYSE: TTT) ("Terra Nova") is pleased to announce the expiry of its offer to acquire all of the class A common shares of Mass Financial Corp. ("Mass") (Vienna Stock Exchange symbol: MASS) (OTC Pink Sheets: MFCAF) through a wholly-owned subsidiary (the "Offer"). The preliminary tabulation received by Terra Nova from the depository for the Offer indicates that, as of the expiry of the Offer, the number of Mass...

2010-11-04 18:09:00

NEW YORK, Nov. 4, 2010 /PRNewswire-FirstCall/ -- Terra Nova Royalty Corporation (NYSE: TTT) ("Terra Nova") is pleased to provide the following update respecting its offer to acquire all of the shares of Mass Financial Corp. ("Mass") (Vienna Stock Exchange symbol: MASS) (Pink Sheets: MFCAF) through a wholly-owned subsidiary (the "Offer"). Terra Nova has received authorization from the New York Stock Exchange to list the shares to be issued pursuant to the Offer and previously on November 1,...

2010-11-01 07:00:00

NEW YORK, Nov. 1, 2010 /PRNewswire-FirstCall/ -- Terra Nova Royalty Corporation (NYSE: TTT) ("Terra Nova") is pleased to announce that, further to its press release dated September 27, 2010 respecting the proposed acquisition of Mass Financial Corp. ("Mass") (Vienna Stock Exchange symbol: MASS) (Pink Sheets: MFCAF) by a wholly-owned subsidiary of Terra Nova (the "Transaction"), it has received the approval of its shareholders respecting the issuance of Terra Nova's common shares in...

2010-09-27 07:00:00

NEW YORK, Sept. 27 /PRNewswire-FirstCall/ -- Terra Nova Royalty Corporation (NYSE: TTT) ("Terra Nova", "we" or "us") announced today that it has entered into an agreement with Mass Financial Corp. ("Mass") for Terra Nova to acquire all of the issued and outstanding shares of Mass by way of a take-over bid (the "Offer"). The Offer is one Terra Nova share for each Mass share, valuing the transaction at approximately $225 million. The Offer is based upon the adjusted book value of each...

2010-09-24 15:05:00

NEW YORK, Sept. 24 /PRNewswire-FirstCall/ -- Terra Nova Royalty Corporation (NYSE: TTT) announced today that it plans to host a conference call to provide information on a corporate transaction. The call will take place on Monday, September 27, at 10:00 AM ET (7:00 AM PT). The call will be broadcast live over the Internet at the Company's website, www.terranovaroyalty.com. Web participants are encouraged to go to the website at least 15 minutes prior to the start of the call to register,...

2010-08-16 07:00:00

NEW YORK, Aug. 16 /PRNewswire-FirstCall/ -- Terra Nova Royalty Corporation ("Terra Nova") (NYSE: TTT) today announced results for the second quarter and six months ended June 30, 2010. Unless otherwise noted, all dollar amounts are in United States dollars. In 2010 we separated (the "Separation") into two distinct owned and operated businesses: a mineral royalty and natural resources business conducted by Terra Nova Royalty Corporation; and an industrial plant technology, equipment and...

2010-05-17 07:00:00

NEW YORK, May 17 /PRNewswire-FirstCall/ -- Terra Nova Royalty Corporation (NYSE: TTT) (formerly KHD Humboldt Wedag International Ltd) today announced results for the three months ended March 31, 2010. Unless otherwise noted, all figures are in US dollars. It is important to note that as the plan of arrangement (the "Arrangement") was completed on March 30, 2010, that the results of operations of our former industrial plant engineering and equipment supply business were included in the...

2010-03-30 06:30:00

NEW YORK, March 30 /PRNewswire-FirstCall/ -- KHD Humboldt Wedag International Ltd. (NYSE: KHD) announces that its shareholders approved the first tranche distribution of 26% of the shares of KHD Humboldt Wedag International AG ("KID"). This is the first step in the restructuring of KHD into two distinct legal entities: (1) a mineral royalty company, Terra Nova Royalty Corporation ("Terra Nova") and (2) an industrial plant technology, equipment and service company, KID. KHD has changed...

2008-08-20 12:00:52

Chevron Corporation (NYSE:CVX) today announced that its wholly owned subsidiary, Chevron Canada Limited, and its co-venturers have finalized legal agreements with the government of Newfoundland and Labrador to develop the Hebron heavy oil project offshore the east coast of Canada. The Hebron Field is located 210 miles (340 km) offshore the province of Newfoundland and Labrador in 300 feet (92 m) of water. Discovered in 1981, the field is expected to be developed using a gravity-based...


Word of the Day
maffling
  • To stammer.
  • Present participle of maffle, to stammer.
  • A simpleton.
The word 'maffle' may come from a Dutch word meaning 'to move the jaws' or a French word meaning 'having large cheeks'.