CTM Canterra Minerals Corp

Canterra Minerals Corporation (TSX VENTURE: CTM) (the "Company") wishes to announce the granting of incentive stock options to certain directors, officers and employees to purchase up to 250,000 common shares under the Company's Incentive Stock Option Plan. The options will be granted for a period of five (5) years, commencing on October 28, 2010, exercisable at a price of $0.26 per share.

CANTERRA MINERALS CORPORATION

David B. Clarke, President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Canterra Minerals Corporation David Clarke President 604-687-6644