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(1) TORONTO, ON / ACCESSWIRE / May 19, 2021 / Magna Terra Minerals Inc. (the Company or Magna Terra ) (TSXV:MTT) is pleased to provide the following updates regarding its portfolio of exploration project assets. Beyond the Company s focus on its core exploration assets in Atlantic Canada, Magna Terra continues to add shareholder value through various partnerships and option agreements on its assets in Argentina and Quebec. Boleadora Project, Santa Cruz Province, Argentina The Company through its wholly owned subsidiary Atala S.A.( Atala ), is pleased to confirm receipt of payment of the first installment of US$25,000 owing from Oroplata S.A. ( Oroplata ) a subsidiary of Newmont Corporation ( Newmont ) for the purchase of the Boleadora Project. Per the Company s press release dated June 9, 2020, it entered into an Agreement to sell its wholly owned Boleadora Project in Santa Cruz Province, Argentina, to Oroplata. The Boleadora Group of properties is a large greenfields explorati

Newmont cerro negroOroplata saAtala saNewmont oroplataDennis loganLewis lawrickBoleadora groupMagna terra minerals incCompany or magna terraWilfrid laurier universityOpus one resources incBusiness administrationCompany audit committeePublic companiesVenture exchangeNewmont corporation