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YGT.V ·

GOLD Terra Announces Termination of Public Offering

Financings

LEGAL*58826431.1

GOLD TERRA ANNOUNCES TERMINATION OF PUBLIC OFFERING

Vancouver, BC – May 5, 2023 – Gold Terra Resource Corp. (TSX -V: YGT; Frankfurt: TX0;

OTCQX: YGTFF) (the “Company”) announces that it will not proceed with its public offering previously

announced on May 4, 2023. This results from an assessment by the Company ’s management that the

Company may have better alternatives for an offering on terms that would be in the best interests of

the Company’s shareholders.

Visit our website at www.goldterracorp.com.

For more information, please contact:

Gerald Panneton, Chairman & CEO

[email protected]

Mara Strazdins, Manager of Investor Relations

Phone: 1-778-897-1590 | 604-689-1749 ext 102

[email protected]

Neither the 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.