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CTM.V ·

Canterra Announces Director Retirement

Management Changes

Suite 1020 - 625 Howe Street, Vancouver, British Columbia V6C 2T6

Telephone: 604-687-6644 Facsimile: 604-687-1448 E-Mail: [email protected]

NEWS RELEASE

May 23, 2019 TSX Venture: CTM

CANTERRA ANNOUNCES DIRECTOR RETIREMENT

Vancouver, BC – Canterra Minerals Corporation (CTM -TSX.V) (“Canterra” or “the Company”) announces the

retirement of long-time director, Mr. Mike Muzylowski.

Mike has been on the Board of Directors of Canterra and its predecessor companies, Windspear Diamonds and

Diamondex Resources, for more than 20 years and has been instrumental in directing the companies both

corporately and geologically. Mike was hono ured as the “Developer of the Year” in 1988 by the Prospectors and

Developers Association of Canada. In 2011, Mike was inducted into the Canadian Mining Hall of Fame in recognition

for his many contributions to the mining industry and most notably for the discovery and development of the 16

mineral deposits which became producing mines, including Windspear Diamonds’ Snap Lake Diamond Mine.

The Board of Canterra would like to thank Mike for all his contributions and dedication over the years and wish him

and his wife Lesia all the best in their retirement.

For more information about Canterra Minerals, visit the Company’s website at www.canterraminerals.com

CANTERRA MINERALS CORPORATION

“Randy Turner”

Randy Turner, President & CEO

For further information, contact Randy Turner, President at 604-687-6644 or [email protected]

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of

this new release.