Canterra Minerals Application to Extend Term of Warrants

NEWS RELEASE

May 9, 2014

Canterra Minerals Application to Extend Term of Warrants

Vancouver, BC – Canterra Minerals Corporation (CTM-TSX.V) wishes to announce that it is proposing to amend the expiry date of 13,153,266 outstanding warrants (the "Warrants") from June 21, 2014, to June 21, 2016, subject to TSX Venture Exchange approval. The Warrants will remain exercisable into common shares at a price of $0.25 per common share.

CANTERRA MINERALS CORPORATION

“Randy Turner”

Randy Turner, President & CEO

For Further Information:

Randy Turner Sophie Taylor President & CEO Corporate Communications 604-687-6644 604-687-6644 [email protected] [email protected]

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

P.O. Box 11584, Suite 1410 - 650 West Georgia Street, Vancouver, British Columbia V6B 4N8 Telephone: 604-687-6644 Facsimile: 604-687-1448 E-Mail: [email protected]