Magna Terra Receives First Anniversary Option Payment from Gold Hunter for the Great Northern Project

TORONTO, ON / ACCESS Newswire / June 19, 2025 / Magna Terra Minerals Inc. (the "Company" or "Magna Terra") (TSXV:MTT) is pleased to announce that it has received the first anniversary option payment from Gold Hunter Resources Inc.(CSE: HUNT) for the Great Northern Project ("Great Northern" or the "Project") in Newfoundland, per the Option Agreement (the "Agreement") dated May 28, 2024, as amended on June 10, 2024 (please refer to Magna Terra's news release dated May 29, 2024). Under the terms of the Agreement, Magna Terra has received a cash payment of $450,000, along with 35,211,267 common shares of Gold Hunter ($2,750,000 of common shares at a price of $0.0781 per common share, representing the 20 day volume weighted average price of Gold Hunter common shares ("Gold Hunter Shares") prior to the anniversary date). With the issuance of these shares of Gold Hunter, the Company now holds 39,603,520 common shares representing approximately 30.67% of the issued and outstanding Gold Hunter Shares.

Agreement Terms

• $9.5 million payable over 2 years as follows:

Term	Cash	Share Value	Total Value
Exclusivity (Paid)	$75,000	$0	$75,000
Upon closing (Paid)	$300,000	$1,000,000	$1,300,000
1st anniversary (Paid)	$450,000	$2,750,000	$3,200,000
2nd anniversary	$675,000	$4,250,000	$4,925,000
Total