Mr. Gerald Panneton reports

GOLD TERRA ANNOUNCES ANNUAL GENERAL AND SPECIAL MEETING RESULTS AND GRANTS OPTIONS

All matters submitted to the shareholders for approval as set out in Gold Terra Resource Corp.'s notice of meeting and information circular, mailed to shareholders in connection with the meeting, were approved at the company's annual general and special meeting, held in Vancouver, B.C., on June 7, 2022.

The shareholders elected Gerald Panneton (chair), Louis Dionne, Patsie Ducharme, Laurie Gaborit, Stuart Rogers and Hellen Siwanowicz as directors of the company for the forthcoming year.

Shareholders approved the company's new 10-per-cent 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 its remuneration to be fixed by the board of directors.

In addition, the company announces the grant of incentive stock options under the company's stock option plan to its officers, employees and consultants to purchase up to an aggregate of 943,750 treasury shares. The options are exercisable at a price of 24 cents per share for a period of five years, and are subject to the policies of the TSX Venture Exchange and the company's stock option plan, which includes a vesting period beginning six months after issue for 25 per cent of the options and 25 per cent every six months following.

We seek Safe Harbor.