Terra Ventures Announces Increase to Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES.


Terra Ventures Inc. (TSX VENTURE:TAS)(FRANKFURT:G7K) ("Terra" or the "Company")
is pleased to announce that it has amended its previously announced private
placement on December 1, 2010, by increasing the agents' option to increase the
unit offering by up to a total of $1,000,000 at $0.50 per unit in the event the
placement is over-subscribed, each unit consisting of one share and one-half of
one transferable warrant, each whole warrant entitling the holder to purchase
one common share for a period of 18 months after closing at an exercise price of
$0.70. If the unit offering is fully subscribed and the over-allotment option is
fully exercised, an aggregate 4,000,000 units will be issued.


Terra Ventures is a junior exploration company focused on acquiring and
developing quality uranium projects which have world class potential. The
Company is dedicated to building shareholder value by acquiring strategic
uranium properties in this period of strengthening global demand for uranium
supply. The Company's combination of strategic land positions, advanced stage
projects and no risk carried projects - combined with technical expertise and
management's fundraising ability - are the foundation for growth in the uranium
business. 


On behalf of the board of directors of TERRA VENTURES INC.

James Hutton, Chairman

Terra Ventures (TSXV:TAS)
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