PanTerra Resource Corp. Announces Grant of Stock Options

TSX-V: PRC

CALGARY, July 5, 2012 /CNW/ - PanTerra Resource Corp. (TSX.V: PRC) ("PanTerra") announces that pursuant to the terms and conditions of its stock option plan, it has granted, in the aggregate, 445,000 incentive stock options to purchase Common Shares of PanTerra (the "Options") to one of its directors. The Options are exercisable over a five year period at an exercise price of $0.10 per share and vest immediately.

Company information can be found at:www.panterraresource.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information:

Fred P. Rumak P.Geol.    
President and C.E.O.     
403-261-5900      
Email:  fred[email protected]    

Jake Pronk P. Geol  
V.P. Exploration
403-261-5900    
Email:  [e-mail]