Canterra Appoints New President

NEWS RELEASE

August 29, 2011

Canterra Appoints New President

Vancouver, B.C. – Canterra Minerals Corporation (CTM-TSX.V) (“Canterra”) wishes to announce the reappointment of Mr. Randy Turner as President and Chief Executive Officer of Canterra Minerals Corporation. The company’s former President and Director, Mr. David Clarke, has resigned after accepting a position with another company.

CANTERRA MINERALS CORPORATION

“James E. Eccott”

James E. Eccott, Director

For further information, contact Randy Turner, President at 604-687-6644 The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

650 West Georgia Street, Suite 1410, Vancouver, British Columbia V6B 4N8 Telephone: 604-687-6644 Facsimile: 604-687-1448