Bonterra Resources Inc.

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 average grade of 8.46 grams per tonne Au totaling 202,000 ounces Au [...]

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. Meagher, together with Meagher Consulting Inc., is seeking $90,000, representing [...]

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 Gladiator, Barry and Moroy projects Retained the services of SGS Geostat to [...]

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 lawsuit is strictly an attempt to bully Bonterra. Guided by our duty to [...]

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 southernmost of the mineralized Gladiator structures and is characterized by [...]

Bonterra Resources Inc.  is pleased to announce the appointment of Matthew Happyjack to its Board of Directors, following the resignation of Richard Boulay. "We are pleased to welcome Matthew to the Board of Directors" stated Greg Gibson, Chairman and interim CEO. "His strong background in business management and operations, particularly in the Val-d'Or region where Bonterra is advancing the development of its mineral [...]

Eric Sprott announces that he beneficially owns and controls, directly and indirectly 5,189,467 common shares and 3,128,500 share purchase warrants (warrants) of Bonterra Resources Inc., representing approximately 8.1% of the outstanding shares on a non-diluted basis and approximately 8.8% on a partially diluted basis assuming exercise of the warrants. This press release is being issued pursuant to Canadian early warning [...]

Bonterra Resources Inc.   is pleased to announce that it has closed its previously announced brokered private placement for gross proceeds of $36,741,096. Pursuant to the Offering, Bonterra issued 14,359,000 common shares of the Company at a price of $1.95 per Common Share, and an additional 3,273,800 Common Shares of the Company on a flow-through basis at a price of $2.67 per FT Share. Collectively, the FT Shares and [...]

Bonterra Resources Inc.   is pleased to announce results from its recently completed underground drilling campaign at the Barry project, with new high-grade gold mineralization intersections in various zones. Drilling highlights include: 13.4 g/t Au over 3.2 metres in hole BR18-03 8.2 g/t Au over 5.3 metres in hole BR18-05 15.4 g/t Au over 2.3 metres in hole BR18-08 157.6 g/t Au over 1.3 metres in hole BR18-12B 15.5 g/t [...]

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 $30,001,860. The Offering will consist of a combination of 1,873,000 common shares of the Company issued on a flow-through [...]