Canterra Announces Financing Extension

NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR FOR DISSEMINATION INTO THE USA

NEWS RELEASE

August 21, 2015 TSX Venture: CTM

CANTERRA ANNOUNCES FINANCING EXTENSION

Vancouver, B.C. – Canterra Minerals Corporation (CTM-TSX.V) announces, further to its news release dated July 8, 2015, that the closing of its non-brokered private placement has been extended until September 18, 2015 to allow investors time to complete and deliver their subscription agreements.

Closing of the Private Placement is subject to the receipt of applicable regulatory approvals including approval of the TSX Venture Exchange.

CANTERRA MINERALS CORPORATION

“Randy Turner”

Randy Turner, President & CEO

For Further Information:

Randy Turner Kendra Johnston President & CEO Geologist [email protected] [email protected]

The TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the content of this news release.

650 West Georgia Street, Suite 1410, Vancouver, British Columbia V6B 4N8 Telephone: 604-687-6644 Facsimile: 604-687-1448