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News 2008

Valterra Announces Non-brokered Private Placement

July 4, 2008

Valterra Resource Corporation reported today that the company has agreed to issue 1.0 million units in a non-brokered private placement at a price of C$0.25 per unit to raise C$250,000. Each unit offering will consist of one common share and one half share purchase warrant, with each full warrant exercisable to purchase one additional common share at an exercise price of C$.30 per share for a period of two years.

The private placement and finders fees are subject to regulatory approval.

On behalf of the Board of Directors,

“Lawrence Page, Q.C.”

Lawrence Page, Q.C., President, Director ,
Valterra Resource Corporation.
 
For further information, contact Jay Oness at either 1-888-456-1112 or 604-684-9384; email at corpdev@mnxltd.com.

This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Valterra Resource Corporation relies upon litigation protection for forward looking statements.
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