Jan 122016

Valterra Resource Corporation (“Valterra” or the “Company”) (VQA-TSX.V)
reports that it has elected  not to exercise its Property Option Agreement dated June 1, 2012 wherein the Company had been granted an option to acquire a 100% interest in the Bobcaygeon Graphite Property in Southern Ontario. The Company feels that under the current difficult market conditions further property and option expenditures are not warranted on the property and intends to focus on its 100% owned porphyry/shear-hosted copper-gold-silver Swift Katie Project in southeastern British Columbia near Salmo.

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