VQA Valterra Resource Corporation

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Valterra Resource Corporation ("Valterra") (TSX
VENTURE:VQA)(OTCBB:VRSCD)(FRANKFURT:3VA) reported today that it plans to issue
up to 7,000,000 units in a non-flow-through private placement at a price of
$0.06 per unit for gross proceeds of $420,000. Each unit consists of one common
share and one share purchase warrant, with each whole share purchase warrant
exercisable to purchase one additional common share at an exercise price of
$0.10 for a period of 3 years.


Valterra also announces a flow-through private placement of up to 7,000,000
flow-through shares to Canadian resident investors, with each flow-through share
priced at $0.07 to raise gross proceeds of $490,000 with the gross proceeds
utilized for Canadian exploration expenses, within the meaning of the Income Tax
Act (Canada), related to the exploration during 2013 of Valterra's +160 sq. km
Bobcaygeon graphite project in southern Ontario and other eligible exploration
expenses, with expense renunciations on December 31, 2013.


Proceeds from the private placements will be utilized for eligible Canadian
exploration expenses incurred on the Bobcaygeon Graphite Property located in
Southern Ontario. Recent exploration has generated several high-grade,
high-purity, flake graphite drill targets from prospecting, shallow trenching
and ground geophysics programs. One prospective anomaly covers an 800m x 400m
area, being co-incident with the Discovery Zone and remains open for expansion.
A Phase I drill program totaling up to 2,500m is proposed for 2013 to extend the
Discovery Zone and test newly identified targets located up to 23km on-strike
from the main zone. Historical geological data indicates widespread accessory
graphite throughout the regional host stratigraphy and suggests strong
exploration potential within these areas.


Contingent on initial results, Valterra has also planned for expanded
geophysical work, continued metallurgical testing and prospecting to cover the
large property package. Net proceeds from the Non-Flow-Through Offering will be
used for property payments, general working capital and for exploration
expenses. Valterra reserves the right to expend the funds on any other eligible
Canadian exploration property. 


About Graphite

Graphite is a naturally occurring form of carbon with wide-ranging and unique
physical properties. It is an excellent conductor of heat and electricity and
has outstanding lubrication properties and is very resistant to chemical
corrosion. Graphene is derived from graphite and is one of the strongest and
lightest known substances with a tensile strength 200 times the strength of
steel. The industrial development of graphene is at an early stage but will
eventually become a replacement for several expensive electronic components such
as silicon semi-conductors. Graphite occurs naturally as - vein, flake, and
amorphous where the highest quality product can command prices in excess of
$2,000 per tonne. In pricing graphite, the flake size and purity are key factors
with the large flake at +0.178mm and purity at +99% C(g) commanding the highest
prices in markets dominated by multi-national eco-automobile manufacturers,
high-tech industries and nuclear energy companies. Recent pricing and demand
increases have accelerated numerous exploration and investment opportunities in
the graphite market.


The Province of Ontario is an excellent locale to explore owing to superior
geology, geoscience knowledge, infrastructure, political stability and tax
incentives. Several projects are advancing in the graphite field including
Northern Graphite Corporation, Zenyatta Ventures Inc. and Ontario Graphite Ltd.


About Valterra Resource Corporation

Valterra is focussed on graphite, gold, copper and silver properties in Canada
with the potential to host large deposits, in regions with excellent
infrastructure. Over the last several years, Valterra has acquired and is
exploring several key projects including "Bobcaygeon", "Star-Toughnut" and
"Swift Katie". The Bobcaygeon property covers an area of over 160 sq. km in
Southern Ontario, and is hosted in rocks of the Grenville geological province
where most of the known significant graphite deposits occur. The "Star-Toughnut"
and "Swift Katie" projects are Au-Cu-Ag properties with bulk tonnage potential
in south-eastern BC.


Valterra is a Manex Resource Group Company. The group provides expertise in
exploration, administration, and corporate development services for Valterra's
mineral properties.


Brian McGrath, P.Geo., is the Qualified Person responsible for reviewing the
technical information presented in this release.


On behalf of the Board of Directors,

Frederick Sveinson, President, Valterra Resource Corporation

This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements. These statements are based on a number of assumptions, including,
but not limited to, assumptions regarding general economic conditions, interest
rates, commodity markets, regulatory and governmental approvals for Valterra
Resource Corporation's projects, and the availability of financing for Valterra
Resource Corporation's development projects on reasonable terms. Factors that
could cause actual results to differ materially from those in forward looking
statements include market prices, exploitation and exploration successes, the
timing and receipt of government and regulatory approvals, and continued
availability of capital and financing and general economic, market or business
conditions. Valterra Resource Corporation does not assume any obligation to
update or revise its forward-looking statements, whether as a result of new
information, future events or otherwise, except to the extent required by
applicable law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Valterra Resource Corporation
Liana Shahinian
1.888.456.1112 or 604.641.2773
liana@mnxltd.com
www.valterraresource.com

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