Bonterra Resources is pleased to announce that effective Dec 23, 2024, it granted to an officer of the Company 300,000 restricted share units of Bonterra. The RSUs are subject to a one-year vesting period from the date of grant in accordance with the Company's Omnibus Equity Incentive Compensation Plan. The Company also grant stock options to another officer to acquire a total of 750,000 common shares of the Company. Each [...]
Bonterra Resources is pleased to announce initial assay results from its 4,761 meters diamond drilling campaign at its 100% owned Desmaraisville South Project. The campaign aimed to test several new targets, focusing on: observations from the 2024 fieldwork campaign, follow-up on promising gold-mineralized environments identified in the 16,000 m fall 2023 drill campaign, newly identified geophysical IP targets within the [...]
Bonterra Resources is pleased to announce the closing of a non-brokered private placement pursuant to which the Company sold 2,722,391 flow-through units of the Company at a price of $0.40 per FT Unit for gross proceeds of $1,088,956.40. Each FT Unit consists of one common share of the Company and one half of one common share purchase warrant. The FT Shares and Warrants comprising the FT Units will qualify as [...]
Bonterra Resources is pleased to announce additional assay results from the Moss target and the restart of drilling by a 100% indirect subsidiary of Gold Fields Ltd at the Phoenix JV. The Project is under a definitive earn-in and joint venture agreement with Osisko Mining, which is now Gold Fields. Under the JV Agreement, Gold Fields has the right to acquire up to a 70% interest in the Project by spending C$30 million in [...]
Bonterra Resources is pleased to announce that it has extended the agreement with Westlake Capital pursuant to which Westlake will provide marketing and investor relations services to the Company on a non-exclusive basis, including: initiating contact with qualified investors, organizing virtual or in person meetings with potential investors and analysts forwarding news releases issued by the Company to Westlake's contact [...]
Bonterra Resources is pleased to announce that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSXV and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement between the Company and ICP was signed with a [...]
Bonterra Resources congratulates Gold Fields Limited, through a 100% owned Canadian subsidiary, for the acquisition of Osisko Mining Inc. in an all-cash transaction valued at approximately C$2.16 billion on a fully diluted basis. On October 17, 2024, the shareholders of Osisko Mining overwhelmingly approved the acquisition by Gold Fields via plan of arrangement. The Transaction is expected to close on or about October 25 [...]
Bonterra Resources is pleased to announce that Lesley Antoun has joined Bonterra's board of directors as an independent non-executive director, effective immediately. Ms. Antoun will serve as Chair of the Human Resources and Compensation Committee and a member of the Audit and Risk, Nominating and Governance, and Technical, Safety and Sustainability committees of the Board. Matthew Happyjack, who has been a director of [...]
Bonterra Resources announces the start of a diamond drilling program at its 100% owned Desmaraisville South project. Several prospective geological, geophysical and drill targets have been identified throughout the year and have been prioritized following last summer's field work carried out by Bonterra's geology team . A drill rig has been mobilized to site and the Company plans to drill from 4,000 to 6,000 meters before [...]
Bonterra Resources congratulates Osisko Mining on their recent announcement that it has entered into a definitive arrangement agreement dated August 12, 2024 pursuant to which Gold Fields, through a 100% owned Canadian subsidiary, has agreed to acquire all of the issued and outstanding common shares of Osisko at a price of C$4.90 per Share , in an all-cash transaction valued at approximately C$2.16 billion on a fully [...]
Bonterra Resources is pleased to announce additional drill results on the Phoenix JV . The Project is under a definitive earn-in and joint venture agreement with Osisko Mining. Under the Agreement, Osisko Mining has the right to acquire up to a 70% interest in the Project by spending $30 million in work expenditures, with a minimum spending commitment of $10 million per year over a three-year period. To date [...]
Bonterra Resources announces election results of its 2024 annual general meeting held on June 12, 2024, representing its fiscal year ended 2023. Bonterra is pleased to announce that shareholders have approved all matters voted on at the 2024 AGM, including: to set the number of Directors at seven ; to re-elect Messrs. Cesar Gonzalez, Marc-André Pelletier, Normand Champigny, Matthew Happyjack, Paul Jacobi, Matt Houk and [...]