SF.V · 2010-04-15

Corporate Update

Financings

PAN TERRA INDUSTRIES INC.

CORPORATE UPDATE

FOR IMMEDIATE RELEASE

April 15, 2010 Calgary, Alberta

PAN TERRA INDUSTRIES INC. ("Pan Terra" or the "Corporation") (“PNT.H”) The Directors of the Corporation advise that the Corporation’s previously announced private placement for $200,000 (disclosed on Stockwatch January 20, 2010) has been increased to $247,500. The revised non-brokered private placement will consist of 4,950,000 units at a price of $0.05 per unit for total proceeds of $247,500. Each unit will consist of one common share and one purchase warrant, with each full warrant entitling the holder to purchase one additional common share of the Corporation at a price of $0.10 within 12 months of issuance. The common shares and warrants will be subject to a four month hold period. The proceeds from the private placement will be used for general working capital purposes and to support continuous disclosure obligations. The private placement is expected to close on April 15, 2010, subject to customary exchange approvals.

The Corporation will remain listed on NEX until it acquires new assets or businesses, which would result in the Corporation once again meeting the TSX Venture Exchange’s minimum listing requirements.

For further information, please contact:

Pan Terra Industries Inc.

4304 – 19 Avenue S.W.

Calgary, Alberta T3E 0G8 Ph: (403) 237-0018 Attention: Mr. David Heighington, Director

Forward-Looking Statements

This press release may include forward-looking statements including opinions, assumptions, estimates and expectations of future results, cash flow and earnings. Forward-looking statements are subject to a wide range of risks and uncertainties and although the Corporation believes that the expectations represented by such forward-looking statements are reasonable; there can be no assurance that such expectations will be realized.

“Neither 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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