TAS Terra Ventures

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES


Hathor Exploration Limited (TSX:HAT) ("Hathor") and Terra Ventures Inc. (TSX
VENTURE:TAS) ("Terra") are pleased to announce that the companies have executed
a definitive arrangement agreement (the "Agreement") to complete the previously
announced transaction pursuant to which Hathor will acquire all of the
outstanding securities of Terra (the "Arrangement"). For details of the proposed
Arrangement, please see the joint news release dated April 18, 2011 which is
filed on SEDAR at www.sedar.com.


The execution of the Agreement clears the way for Terra securityholders to vote
on and approve the merger at a special meeting of securityholders to be held on
or about June 20, 2011, with the closing of the Arrangement occurring shortly
thereafter. The completion of the proposed merger is anticipated to be
implemented by the end of June, 2011. Completion of the Arrangement remains
subject to a number of conditions including, but not limited to, receipt of all
regulatory, court and shareholder approvals.


About Hathor

Hathor is a publicly-traded mineral exploration company listed on the Toronto
Stock Exchange trading under the symbol HAT. Hathor is focused on uranium
exploration in the Athabasca Basin region of Saskatchewan and Alberta. The
Athabasca Basin is the pre-eminent exploration district in the world for high
grade uranium, and for the past 30 years has been responsible for between 20 and
30% of global annual uranium mine production. Hathor's Roughrider uranium
deposit is within the northern part of the main uranium-producing eastern
corridor of the Athabasca Basin. The property has been converted from mineral
claim to mineral lease, and following the discovery in 2008, Hathor continues to
drill, update and optimize the overall resource potential of three different
mineral zones identified to date. Terra owns a 10% interest in the largest claim
on the property containing the entire deposit known to date, carried to the
completion of a positive feasibility study and announcement of intent for
commercial production. Hathor's exploration pipeline behind Roughrider is
highlighted by the 74,000 ha Russell Lake property located in the southern
portion of the eastern corridor of the Basin. The property has numerous early
stage targets in various stages of development and testing. Terra owns an 8%
interest in the Russell Lake South property, carried to the completion of a
positive feasibility study and announcement of intent for commercial production.


About Terra 

Terra is a junior exploration company focused on acquiring and developing
quality uranium projects which have world class potential. Terra is listed on
the TSX Venture Exchange under the symbol TAS. Terra's principal property
interests currently consist of an interest or option in the Roughrider uranium
deposit, South Russell project, and the Wheeler River area properties, all of
which are in Saskatchewan's Athabasca Basin. With respect to Wheeler River,
Terra has an option to earn up to a 95% interest in this prospect which adjoins
the Wheeler River property of Denison Mines Corp. (60%) and Cameco (30%). Terra
is currently carrying on its exploration program of the Wheeler River property,
to include drilling in the normal course of business. Terra also holds a 10%
production carried interest in 34 claims held by Titan Uranium Inc. in seven
separate projects located in the southwestern and northeastern parts of the
Athabasca Basin, Saskatchewan.


None of the securities anticipated to be issued under the plan of arrangement
have been or will be registered under the Securities Act of 1933, as amended, or
any state securities laws, and such securities are anticipated to be issued in
the United States pursuant to exemptions from such registration requirements.
This press release shall not constitute an offer to sell or solicitation of an
offer to buy any securities in any jurisdiction where such an offer or sale
would be unlawful.


Forward Looking Information

This press release contains "forward-looking information" within the meaning of
applicable Canadian securities legislation, including information relating to
Hathor or Terra's future financial or operating performance may be deemed
"forward looking". All statements in this news release, other than statements of
historical fact, that address events or developments that Hathor or Terra
expects to occur, are "forward-looking statements". Forward-looking statements
are statements that are not historical facts and are generally, but not always,
identified by the words "expects", "does not expect", "plans", "anticipates",
"does not anticipate", "believes", "intends", "estimates", "projects",
"potential", "scheduled", "forecast", "budget" and similar expressions, or that
events or conditions "will", "would", "may", "could", "should" or "might" occur.
All such forward-looking statements are based on the opinions and estimates of
the relevant management as of the date such statements are made and are subject
to important risk factors and uncertainties, many of which are beyond Hathor or
Terra's ability to control or predict. Forward-looking statements are
necessarily based on estimates and assumptions (including that the Arrangement
will be completed successfully on the terms agreed upon by the parties and that
the business of Terra will be integrated successfully into the Hathor
organization) that are inherently subject to known and unknown risks,
uncertainties and other factors that may cause actual results, level of
activity, performance or achievements to be materially different from those
expressed or implied by such forward-looking statements. In the case of Hathor
and Terra, these facts include their anticipated operations in future periods,
planned exploration and development of its properties, and plans related to its
business and other matters that may occur in the future. This information
relates to analyses and other information that is based on expectations of
future performance and planned work programs. Statements concerning mineral
resource estimates may also be deemed to constitute forward-looking information
to the extent that they involve estimates of the mineralization that will be
encountered if a mineral property is developed.

Forward-looking information is subject to a variety of known and unknown risks,
uncertainties and other factors which could cause actual events or results to
differ from those expressed or implied by the forward-looking information,
including, without limitation: exploration hazards and risks; risks related to
exploration and development of natural resource properties; uncertainty in
Hathor's ability to obtain funding; uranium price fluctuations; recent market
events and conditions; risks related to the uncertainty of mineral resource
calculations and the inclusion of inferred mineral resources in economic
estimation; risks related to governmental regulations; risks related to
obtaining necessary licenses and permits; risks related to their business being
subject to environmental laws and regulations; risks related to their mineral
properties being subject to prior unregistered agreements, transfers, or claims
and other defects in title; risks relating to competition from larger companies
with greater financial and technical resources; risks relating to the inability
to meet financial obligations under agreements to which they are a party;
ability to recruit and retain qualified personnel; and risks related to their
directors and officers becoming associated with other natural resource companies
which may give rise to conflicts of interests. This list is not exhaustive of
the factors that may affect Hathor or Terra's forward-looking information.
Should one or more of these risks and uncertainties materialize, or should
underlying assumptions prove incorrect, actual results may vary materially from
those described in the forward-looking information. Hathor and Terra's
forward-looking information is based on the reasonable beliefs, expectations and
opinions of their respective management on the date the statements are made and
neither Hathor nor Terra assumes any obligation to update forward-looking
information if circumstances or management's beliefs, expectations or opinions
change, except as required by law. For the reasons set forth above, investors
should not place undue reliance on forward-looking information. For a complete
discussion, please refer to Hathor's Annual Information Form, its audited
financial statements and MD&A for the year ended March 31, 2010 and its
unaudited financial statements and MD&A for the nine months ended December 31,
2010, and Terra's audited financial statements and MD&A for the year ended
February 28, 2010 and its unaudited financial statements and MD&A for the nine
months ended November 30, 2010, all of which is filed on SEDAR at www.sedar.com.

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