Pan Terra Industries Inc.

Pan Terra Industries Inc.

October 31, 2011 16:28 ET

Pan Terra Increases Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 31, 2011) - The Board of Directors of Pan Terra Industries Inc. (TSX VENTURE:PNT) ("Pan Terra") announces that, further to its news release dated October 25, 2011 in respect of its non-brokered private placement (the "Private Placement") of units ("Units"), Pan Terra has increased the number of Units to be offered in connection with the Private Placement.

The Private Placement will now include the issuance of up to 6,000,000 Units (representing an additional 2,000,000 Units) at a price of $0.35 per Unit, for aggregate gross proceeds of up to $2,100,000 (the "Offering").

All other terms of the Offering remain the same as previously announced in Pan Terra's news release of October 25, 2011.

This news release contains forward-looking statements regarding the future success of the business of the Company that is subject to risk and uncertainties. These forward-looking statements involve known and unknown risk and uncertainties that may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. These risks include risks related to dependence on key personnel, competition, risks related to newly acquired businesses, uncertainty and dilution of additional financing and ability to service debt, as well as the risk factors described in the Company's Management Discussion and Analysis filed on SEDAR at, and the risks to be described in any Management Information Circular. The forward-looking statements contained herein are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company undertakes no obligation to publicly update or revise any such forward- looking statements to reflect any change in its expectations or in events, conditions or circumstances on which any such forward-looking statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

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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