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Valterra Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 17, 2012) - Valterra Resource Corporation ("Valterra") (TSX VENTURE:VQA)(3VA.F) announced that it has granted incentive stock options to directors, officers, consultants and employees to purchase 1,580,000 common shares at $0.12 per share, exercisable for a period of five years in accordance with Valterra's stock option plan. The options are subject to acceptance for filing by the TSX Venture Exchange.

About Valterra Resource Corporation

Valterra is a Manex Resource Group Company. The group provides expertise in exploration, administration, and corporate development services for Valterra's mineral properties located in British Columbia and Ontario. Valterra is focussed on early stage properties with the potential to host large deposits, in regions with excellent infrastructure. Over the last several years, Valterra has acquired and explored several key projects including "Star-Toughnut", "Swift Katie" and "Bobcaygeon" which are located near roads, rail, power, and resource communities in Canada.

On behalf of the Board of Directors,

Frederick Sveinson, President, Valterra Resource Corporation