Bonterra Announces Grant of Stock Options

Suite 4006 – 1011 West Cordova Street Vancouver, B.C. V6C 0B2 Telephone: (604) 678-5308 Fax: (604) 678-5309

TSX.V SYMBOL – BTR FSE SYMBOL – 9BR

BONTERRA ANNOUNCES GRANT OF STOCK OPTIONS

Vancouver, BC – March 16, 2012: BonTerra Resources Inc. (BTR: TSXV; FSE: 9BR) (the “Company”) is pleased to announce that it has granted an aggregate of 3,500,000 stock options for the purchase of up to 3,500,000 common shares of the Company pursuant to its Stock Option Plan. Each option is exercisable for a period of two years at a price of $0.175 per common share.

ON BEHALF OF THE BOARD

BONTERRA RESOURCES INC.

/s/Navjit Dhaliwal Navjit Dhaliwal President, Director

For further information contact:

Navjit Dhaliwal [email protected] www.bonterraresources.com Tel: (604) 678-5308

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.