Bonterra Resources Inc. is pleased to announce that it has closed the previously announced brokered private placement for gross proceeds of $31,962,910 . Pursuant to the Offering, Bonterra issued 7,385,000 units of the Company at a price of $2.50 per Unit for gross proceeds of $18,462,500, 2,166,670 flow-through units of the Company at a price of [...]
Bonterra Resources Inc. is pleased to announce that it has entered into an agreement with Sprott Capital Partners LP, as lead agent , on its own behalf and, on behalf of a syndicate of agents , to increase the "best efforts" private placement announced July 26, 2019, to raise gross proceeds of up to $31,962,910 . The Offering will now consist of a [...]
Bonterra Resources Inc. is pleased to announce that the Court of Appeal of British Columbia has dismissed the appeal filed by former executives Nav Dhaliwal and Dale Ginn, seeking to overturn the Supreme Court of BC decision ordering the immediate return of the garnished funds in the amount of $2,184,080, to Bonterra. A pre-judgement garnishment [...]
Bonterra Resources Inc. is pleased to announce that it has entered into an agreement with Sprott Capital Partners LP 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 up to $27,001,400 . The Offering will consist of a [...]
Bonterra Resources Inc. is pleased to announce drill results from its ongoing exploration campaign at the Gladiator and Barry Projects. Results released are derived from step-out drilling that intersected mineralized zones situated outside of known mineral resources on both projects. Gladiator Recent drilling on the Barbeau Zone, at Gladiator, has [...]
Val-d'Or, Quebec-- - Bonterra Resources Inc. is pleased to announce it has filed two technical reports prepared in accordance with National Instrument 43‐101 - Standards of Disclosure for Mineral Projects ; the technical report titled "Technical Report on the Moroy Project - Mineral Resources Estimate, Desmaraiville, Quebec" and, the technical [...]
VAL-D'OR, QC, June 12, 2019 /CNW/ - Bonterra Resources Inc. is pleased to announce drill results from the ongoing exploration campaign at its 100%-owned Gladiator, Moroy and Barry projects. The objective of the current drilling campaign is to step out from known mineralization included in the Company's recently released mineral resource estimate [...]
VAL-D'OR, QC, May 28, 2019 /CNW/ - Bonterra Resources Inc. is pleased to announce results of the recently completed NI 43-101 Mineral Resource Estimates for the Gladiator, Barry, and Moroy deposits located in the Urban-Barry Camp, QC. Highlights of the Mineral Resource Estimates for Gladiator include: Indicated Resources of 743,000 tonnes at an [...]
Bonterra Resources Inc. reports it has become aware that a notice of claim has been filed with the Supreme Court of British Columbia, by three consultants seeking payments in the aggregate amount of $246,000 in connection with their consulting agreements entered into in February 2017 and March 2017. Pursuant to the notice of claim: i) Mr [...]
Bonterra Resources Inc. is pleased to provide this update of its activities on the Company's advanced exploration projects located in the Urban-Barry Camp near Val-d'Or. Activities highlights Completed 15,947 m of infill and exploration diamond drilling during the quarter ended February 28, 2019 Four drill rigs are currently active on the [...]
Bonterra Resources Inc. reports it has received notice of a civil claim, filed by its former Chief Executive Officer and director, Navjit Dhaliwal, and its former Vice President of Exploration and director, Richard Dale Ginn, seeking payment in the amount of $1,092,000 for each plaintiff. On behalf of the Board, Chairman Greg Gibson stated: "This [...]
Bonterra Resources Inc. is pleased to announce assay results from its ongoing diamond drilling program at its Gladiator Project located in the Urban Barry exploration camp in northern Québec. The results reported today extend several of the gold-bearing mineralized zones along strike on the Gladiator Deposit. The Barbeau zone is the [...]