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Canterra Minerals Announces Resignation of Interim President

Management Changes

e: [email protected] Suite 580, 625 Howe Street p: +1 (604) 687-6644 Vancouver, British Columbia w: canterraminerals.com V6C 2T6 Canada

Canterra Minerals Announces Resignation of Interim President

Vancouver, B.C. (April 25, 2023) – Canterra Minerals Corporation (TSXV:CTM) (OTCQB: CTMCF)

(“Canterra” or the “Company”) announces that Cooper Quinn has tendered his resignation as Interim President. The board of directors of Canterra would like to thank Cooper for his commitment and contributions to the Company since assuming the Interim President role after Chris Pennimpede’s motor vehicle accident.

About Canterra Minerals

Canterra is advancing its resource stage Lemarchant Project and the Wilding and Noel Paul Gold Projects, located approximately 50km south, by logging road, from Millertown and directly northeast of Marathon Gold’s Valentine Lake Gold Project in central Newfoundland. The 517km2 property package includes 70km of the northeastern strike-extension of the Rogerson Lake Structural Corridor, which hosts Marathon Gold’s Valentine Lake deposits, Matador Mining’s Cape Ray deposit, Sokoman’s Moosehead discovery and TRU Precious Metals’ Golden Rose and Twilight discoveries.

ON BEHALF OF THE BOARD OF CANTERRA MINERALS CORPORATION

Andrew Farncomb Director

Additional information about the Company is available at www.canterraminerals.com For further information, please contact: +1 (604) 687-6644 Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.