Minterra Resources Corp. (the "Company") in its press releases dated September 27, 2007 and September 28, 2007 announced its intention to conduct a private placement (the "Offering") of a total of 3,333,333 units at a price of $0.15 per unit for gross proceeds of Cdn $499,999.95. The Company is pleased to announce that due to positive investor response, the Company is increasing the number of Units being offered under the Offering to 4,666,668 Units for gross proceeds of Cdn $700,000.20. The other terms and conditions of the Offering will remain the same. Bolder Investment Partners, Ltd. and Haywood Securities Inc. will continue to act as finders for the Offering but will now act as finders for 4,000,000 Units, representing approximately 86% of the Offering (the "Assisted Portion") in return for finders' fees consisting of, in the aggregate, cash compensation of 7% of the gross proceeds of the Assisted Portion and warrants amounting to 10% of the Units placed under the Assisted Portion.

The statement made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company’s expectations. Certain risk factors may also affect the actual results achieved by the Company. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.