PanTerra Announces Granting of Stock Options

TSX-V: PRC

CALGARY, Sept. 12, 2013 /CNW/ - PanTerra Resource Corp. (The "Company") wishes to announce that pursuant to the terms and conditions of its Stock Option Plan, it has granted, in the aggregate, 830,000 incentive stock options (the "Options") to the officers, directors and employees of the Company. The Options vest immediately and are exercisable for a five year period at $0.05 per share.

About PanTerra

PanTerra is a diversified junior public oil and gas company listed on the TSX Venture Exchange ("TSXV") under the symbol "PRC", with holdings in both conventional and unconventional projects in Western Canada that have excellent optimization and exploitation potential.

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.

SOURCE: PanTerra Resource Corp.

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

Jake Pronk P. Geol  
V.P. Exploration
403-261-5900
Email:  [email protected]