Lawrence Page, Q.C., Directly and Indirectly, Acquires Securities of Valterra Resource Corporation
June 18, 2009
Valterra Resource Corporation (the “Company”) has been advised that Lawrence Page, Q.C. of 1100 – 1199 West Hastings Street, Vancouver, British Columbia V6E 3T5, together with Manex Investments Inc. and Manex Resource Group Inc., companies at the same address as Lawrence Page, Q.C. and over which Lawrence Page, Q.C. exercises control and direction (collectively referred to as the “Shareholder”), have acquired shares and units through the facilities of the Canadian National Stock Exchange and through Private Placement purchases, at prices ranging from $0.09 to $0.30 and now beneficially owns 3,604,333 common shares representing 13.14% of the outstanding capital of the Company. Additionally, the Shareholder holds options to purchase 200,000 common shares of the Company, and warrants to purchase 1,666,667 common shares which, when purchased and added to the present holdings of the Shareholder, represent a holding of 18.69% of the then outstanding capital of the Company.
The Shareholder has advised that its current intention is that all of the shares of the Company acquired were acquired for investment purposes but the Shareholder may, from time to time, reconsider its holdings in the Company and, as circumstances dictate, may increase or decrease its position in the Company.
The Company is further advised that a report relating to these matters is being filed with the British Columbia, Alberta and Ontario Commissions by the Shareholder. A copy of the report may be obtained from the Manex Group of Companies on behalf of the Shareholder by calling 604-684-9384.
On behalf of the Board,
“Robert E. Swenarchuk”
Robert E. Swenarchuk, Director, Sr.VP. Corporate Development
Valterra Resource Corporation
For further information, contact Jay Oness at either 1-888-456-1112 or 604-684-9384; email at email@example.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.