X-Terra Resources Grants Stock Options

X-Terra Resources Grants Stock Options

ROUYN-NORANDA, QC

, June 30, 2017 /CNW Telbec/ - X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) announces that its Board of Directors today

granted stock options in respect of an aggregate of 875,000 common shares to X-Terra Resources' Directors, Officers and one employee. The exercise price of

the options is

$0.295

per share, which is equal to the closing price of X-Terra Resources' common shares on the TSX Venture Exchange on

Thursday June 29,

2017

. The options vest immediately and will expire in ten years. The options were granted under X-Terra Resources' 2014 Stock Option Plan.

About X-Terra Resources Inc.

X-Terra Resources is a resource company focused on acquiring and exploring precious metals and energy properties in

Canada

. X-Terra Resources currently has

24,123,389 common shares issued and outstanding.

Website:

www.xterraresources.com

Neither the 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 the release.

SOURCE

X-Terra Resources Inc.

View original content: http://www.newswire.ca/en/releases/archive/June2017/30/c3866.html

%SEDAR: 00035962E

For further information:

X-Terra Resources Inc., Michael Ferreira, President and Chief Executive Officer, 139 Québec Avenue, Suite 202, Rouyn-Noranda,

Québec, J9X 6M8, Telephone: 819-762-4101, Fax: 819-762-0097, E-mail: [email protected]

CO: X-Terra Resources Inc.

CNW 16:11e 30-JUN-17