| September 10, 2004
Investor Relations Contract
John Greenslade, President of Minterra Resource Corp. (the "Company"), is pleased to advise of the following developments:
Investor Relations Contract
The Company advises that it has entered into an agreement with Sandstone Ventures Corp. ("Sandstone") to provide investor relations services on its behalf. Sandstone is a British Columbia company controlled by Tom Pressello, of Vancouver, British Columbia, British Columbia. The agreement is for a 1 year period at a remuneration of $7500 per month (for an aggregate of $90,000) and the grant of an option to purchase 300,000 shares in the capital stock of the Company at a price of $0.30 per share for a period of 2 years. The IR contract is subject to the completion of a Short Form Offering or private placement to raise gross proceeds of $2 million to fund the Company's proposed exploration budgets on the Star Property and on its projects in Nevada. Sandstone will provide IR services from its office at 1502-543 Granville Street, Vancouver, British Columbia. Sandstone is a private investment consulting firm that was formed approximately 2 years ago. Sandstone is entitled to receive a finders fee in regard to the Nevada projects acquired by the Company from Golden Patriot, Corp, the acquisition of which are subject to final Exchange approval. Sandstone will not provide market-making services.
ON BEHALF OF THE BOARD OF DIRECTORS OF MINTERRA RESOURCE CORP.
"JOHN W. GREENSLADE"
JOHN W. GREENSLADE, PRESIDENT
For further information please contact John Greenslade, President, at (604) 687-6690
The statements 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.
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