Canterra Minerals Corporation announced a non-brokered private placement of up to a maximum of 12,307,692 flow-through common shares at a price of CAD 0.065 per flow-through common shares for a maximum aggregate proceeds of up to CAD 799,999.98 on November 29, 2023. The transaction is subject to compliance with applicable securities laws and the approval of the TSX Venture Exchange, finders' fees may be payable to eligible arm's length persons with respect to certain subscriptions accepted by the company. The closing of the offering is subject to receipt of applicable regulatory approvals including the approval of the TSX Venture Exchange.

The securities issued will be subject to a four month hold period.