The shareholders elected Gerald Panneton (Executive Chair), David Suda, Laurie Gaborit, Elif Lévesque, Stuart Rogers and Louis Dionne as directors of the company for the forthcoming year.

Shareholders approved the Company’s 10% rolling stock option plan and the reappointment of Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, as the auditor of the Company for the ensuing year with their remuneration to be fixed by the board of directors.

Following the meeting, the board of directors added the responsibility of director nomination to the Corporate Governance and Compensation Committee and as such renamed the committee Corporate Governance, Nominating and Compensation Committee.

Visit our website at www.goldterracorp.com.

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.