Magna Terra Announces Results of Annual and Special Meeting

MAGNA TERRA ANNOUNCES RESULTS OF ANNUAL AND SPECIAL MEETING

Toronto, Ontario – February 27, 2025 – Magna Terra Minerals Inc. (the “Company” or “Magna Terra”) (TSX -V:

MTT) is pleased to announce that all resolutions proposed to shareholders at the annual and special meeting held today

were duly passed.

All the nominees listed in the management i nformation circular for the m eeting were elected as directors of the

Company. Detailed results of the vote for the election of directors are set out below.

Nominee Votes For % For Votes Against % Against

Michael Byron 36,194,059 100.00% 1,000 0.00%

Patricia Kajda 36,193,881 100.00% 1,178 0.00%

Lewis Lawrick 36,113,400 99.77% 81,659 0.23%

Gernot Wober 36,193,881 100.00% 1,178 0.00%

In addition: (i) McGovern Hurley LLP was reappointed as the Company's auditors for the ensuing year and the

directors were authorized to fix their remuneration , and (ii) the Company’s stock option plan has been ratified and

approved.

Stock Option Grant

The Company also announces that it has granted a total of 1,850,000 stock options to certain officers, directors, and

consultants to the Company in accordance with its stock option plan. Each option is exercisable at $0.0 75 per share

for a period of 5 years from issuance and will vest over an 18-month period in three equal instalments.

About Magna Terra

Magna Terra Minerals Inc. is a precious and critical metals focused exploration company, headquartered in Toronto,

Canada. Magna Terra is focused on acquiring and advancing its high- potential mineral projects in Atlantic Canada

and Argentina while generating value for shareholders and minimizing shareholder dilution through option and joint

venture partnerships where appropriate; leveraging our ability to explore, grow, and transact projects. The Company

is focused on exploring our 100% -owned Humber Copper -Cobalt Project in Newfoundland and Labrador and our

100%-owned Rocky Brook Project and Cape Spencer Gold Project in New Brunswick. In addition, the Company has

optioned the Great Northern Project in Newfoundland to Gold Hunter Resources Inc. for total cash and share

consideration of $9.5 million over a 2-year period. Further, the Company maintains a significant exploration portfolio

in the province of Santa Cruz, Argentina which includes its Boleadora Project being advanced by Newmont Corp.

under an option to purchase agreement valued at US$1 million in cash over a 6- year period and including a 2% NSR

capped at US$20 million; a precious metals discovery on its Luna Roja Project proximal to Cerrado Gold’s operating

Don Nicholas Project infrastructure, as well as several additional district scale drill ready projects available for

purchase or option/joint venture.

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.

FOR FURTHER INFORMATION PLEASE CONTACT:

Magna Terra Minerals Inc.

Lewis Lawrick

President and CEO, Director

Email: [email protected]

Website: www.magnaterraminerals.com