Magna Terra Closes 2ND Tranche of Private Placement Financing

PRESS RELEASE FOR IMMEDIATE RELEASE

JUNE 19, 2017

TSX-V: MTT

MAGNA TERRA CLOSES 2ND TRANCHE OF PRIVATE PLACEMENT FINANCING

Toronto, Ontario, June 19, 2017 – Magna Terra Minerals Inc. (“Magna Terra” or the “Company”) (TSX-

V: MTT) is pleased to announce the closing of the second tranche of its private placement for gross

proceeds of $108,500 bringing the total amount raised to $794,546. In this tranche a tota l of 2,170,000

units (the “Units”) were issued at $0.05 per Unit. Each Unit consists of one common share and one

common share purchase warrant (the “Warrant”). Each Warrant entitles the holder to acquire one

common share of the Company at a price of $0.08 until June 19, 2019. No finders fees were paid in

conjunction with this portion of the private placement.

The shares and warrants issued in this closing are subject to a four month hold period ending on October

19, 2017. The private placement remains subject to the final approval of the TSX Venture Exchange.

About Magna Terra

Magna Terra is a junior mining exploration company with a portfolio of exploration projects in Québec,

and a large, very prospective exploration project portfolio in the emerging precious metals Province of

Santa Cruz, Argentina.

FOR FURTHER INFORMATION PLEASE CONTACT:

Magna Terra Minerals Inc.

Lewis Lawrick, President & CEO: 647-478-5307

Email: [email protected]

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.