MFC Industrial Ltd. Announces Date of its Third Quarter 2011 Earnings Release and Conference Call

NEW YORK, Nov. 8, 2011 /PRNewswire/ -- MFC Industrial Ltd. (NYSE: MIL) (the "Company") announced plans to release its third quarter 2011 results before market on Tuesday, November 15, 2011. That same day, at 10:00 AM ET (7:00 AM PT), a conference call and webcast will be held to review the results; the call will be broadcast live over the Internet at the Company's website, www.mfcindustrial.com.

Web participants are encouraged to go to the website at least 15 minutes prior to the start of the call to register, download, and install any necessary audio software. The online archive will be available shortly after the conclusion of the call and continue for seven days.

About MFC Industrial Ltd.

MFC Industrial Ltd is a global commodities supply chain company that sources and delivers commodities and materials to clients all over the world, with a special expertise on the financing and risk management aspect of the business. The company was formerly known as Terra Nova Royalty Corporation; the change of name to MFC Industrial Ltd and new trading symbol on the NYSE is "MIL" both became effective on September 30, 2011.

MFC Industrial Ltd declared a $0.20 cash distribution for 2011.  Dividend payments of $0.05 were paid in January, March, June and September.

As of June 30, 2011, MFC Industrial Ltd had total assets of approximately $895 million, cash and cash equivalents of approximately $414 million and working capital of approximately $371 million. To obtain further information on the company, please visit our website at www.mfcindustrial.com.

SOURCE MFC Industrial Ltd.

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