Valterra Announces Share Consolidation

1100-1199 West Hastings Street, Vancouver, British Columbia, V6E 3T5

“A Manex Resource Group Company”

July 9, 2012 VQA:TSX.V 3VA:Frankfurt NR-07-12

Valterra Announces Share Consolidation

Valterra Resource Corporation (“Valterra”) reports that, further to its news release of June 27, 2012, it has proceeded with a consolidation of its issued and outstanding common shares on a 1 new share for 10 old shares basis. Effective at the opening of the market on July 10, 2012, Valterra’s shares will trade on a consolidated basis under the symbol “VQA” (with new CUSIP number 920366200). Letters of Transmittal will be forthcoming.

About Valterra Resource Corporation

Valterra is a Manex Resource Group company. The group provides expertise in exploration, administration, and corporate development services for Valterra’s mineral properties located in British Columbia and Ontario. Valterra is focussed on early stage properties with the potential to host large deposits, in regions with excellent infrastructure. Over the last several years, Valterra has acquired and been exploring several key projects including “Star-Toughnut”, “Swift Katie” and “Bobcaygeon” which are located near roads, rail, power, and resource communities in Canada.

On behalf of the Board of Directors, “Lawrence Page, Q.C.”

Lawrence Page, Q.C., Chairman and Director, Valterra Resource Corporation

For further information, please visit Valterra’s website at valterraresource.com or contact Liana Shahinian at 1.888.456.1112 or 604.641.2773 or by email at [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.