Canterra Minerals Corporation announce the appointment of Mr. Nicklas Coleman to the Board of Directors, sitting as an independent director. Mr. Coleman is a business leader and entrepreneur based in St. John's, Newfoundland and Labrador.

Born and raised in Newfoundland and having spent most of his life in the province, Mr. Coleman has deep connections in the community, and a family history of entrepreneurship in Newfoundland. Mr. Coleman is currently the co-owner of Coleman Brothers, an investment holding company which holds diversified investments in personal care homes, commercial real estate and venture stage companies. Prior to focusing his efforts on Coleman Brothers, Mr. Coleman founded the BMO Private Banking group in Newfoundland, where he played a pivotal role in its growth in a billion-dollar wealth management business.

Mr. Coleman was also recognized for his ability to attract top talent, inspire teams, and cultivate a client-centric culture that fostered an environment of both exceptional service and trust, solidifying a reputation as a leader in the industry. Mr. Coleman attended the Smith School of Business at Queen's University where he completed a Bachelor of Commerce (Honors) and further current and past industry designations. The Board of Directors has appointed Mr. Andrew Farncomb to the position of Chairman of the Board.

Mr. Farncomb succeeds Mr. Randy Turner, who will remain on the Board of Directors as an independent director.