Bonterra Resources Inc.

Bonterra Resources Inc. is pleased to announce that, in connection with its previously announced "best efforts" private placement financing, the Company and a syndicate of agents led by Cormark Securities, have agreed to increase the size of the offering. Under the revised terms of the offering, the Company has agreed to issue 9,030,000 common shares of the Company on a flow-through basis for gross proceeds of $13,003,200 [...]

Bonterra Resources Inc. is pleased to announce that it has entered into an agreement with Cormark Securities Inc. to act as lead agent, on its own behalf and, if applicable, on behalf of a syndicate of agents, in connection with a "best efforts" private placement to raise gross proceeds of $10,008,000, through the issuance of 6,950,000 common shares of the Company issued on a flow-through basis at a price of $1.44 per FT [...]

Bonterra Resources Inc. is pleased to announce an update regarding the ongoing permitting process to expand the 100% owned Bachelor Mill from 800 to 2,400 tonnes-per-day. As a result of the Company's exploration success, Bonterra's management began the process of seeking permits to expand the Bachelor Mill in 2018. Consequently, the Company estimates that the permitting process for the Bachelor Mill expansion is [...]

Bonterra Resources Inc. is pleased to announce an update on results from the ongoing drilling campaign at the Barry project. These results encompass 16 diamond drill holes for 6,322 m, of which seven holes were infill and nine holes were expansion. The Company is currently drilling at a rate of approximately 10,000 m per month and plans a mineral resource estimate update for Q2/21, which is expected to incorporate [...]

Bonterra Resources Inc. is pleased to announce results from the ongoing 16,500 metres drill campaign at its Gladiator project focused on expanding the size and scope of the project as well as improve grade continuity for the upcoming mineral resources update expected this summer. Assays from eight holes received since November 30, 2020 are included in this press release and were highlighted by: Main Zone : 26.6 g/t Au [...]

Bonterra Resources Inc. is pleased to announce the results from its bulk sampling program at the Moroy Project previously announced on September 15, 2020. The results from processing 11,093 tonnes extracted from the M1 structure confirmed the mineral resources estimated by SGS Canada Inc. in May 2019. The average mill head grade obtained in the Bulk Sample was 3.87 g/t, which is 9.3% higher than the measured resources [...]

Bonterra Resources Inc. is pleased to announce a new gold discovery at Barry North. Recent exploration drilling has confirmed the existence of gold mineralized vein structures spanning approximately 750 metres in length along strike, approximately 150 m north of the Barry gold deposit. The Barry North zone is proximal and subparallel to the Mazères regional fault. These vein structures remain open along strike and at [...]

Bonterra Resources Inc. is pleased to announce that it has closed the second and final tranche of the non-brokered private placement previously announced on November 23, 2020, December 3, 2020 and first tranche closing on December 9, 2020. In the final tranche, the Company raised aggregate gross proceeds of $2,729,625 from the sale of 2,373,587 common shares of the Company at a price of $1.15 per Share. The total number [...]

Bonterra Resources Inc. is pleased to announce that it has closed the first tranche of the non-brokered private placement previously announced on November 23, 2020 and December 3, 2020. In this first tranche, the Company raised aggregate gross proceeds of $12,270,375 from the sale of 10,669,891 common shares of the Company at a price of $1.15 per Share. In connection with the closing of the First Tranche, the Company will [...]

Bonterra Resources Inc. is pleased to announce that it has increased the size of the previously announced non-brokered private placement to $15 million from the sale of common shares of the Company at a price of $1.15 per Common Share. The Company may further elect to increase the size of the Offering by issuing additional Common Shares. In addition, the Company may pay finders' fees in connection with the Offering. This [...]