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 [...]
Bonterra Resources is pleased to announce that it has entered into an 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 [...]
Bonterra Resources is pleased to provide an update at its 100% owned Desmaraisville project. The Company has now completed the compilation and interpretation of the results from the 2023 15,000 meters drill program and as well the analysis of the two geophysical surveys completed in November and December 2023. Several prospective geological, geophysical and drill targets have been identified and will be subject of field [...]
Bonterra Resources announces that, further to its news release of March 18, 2024, it has entered into an updated agreement with Machai Capital Inc. pursuant to which Machai will be paid a cash fee instead of common shares in exchange for the provision of digital marketing services in accordance with the applicable TSX Venture Exchange policies. The engagement commenced on March 15, 2024, has a term of three months, and [...]
Bonterra Resources is pleased to announce the closing of its previously announced "best efforts" private placement for gross proceeds of $8,541,250, which includes the full exercise of the over-allotment option for gross proceeds of $767,500. Under the Offering, the Company sold 5,250,000 flow-through units of the Company to purchasers at a price of $0.445 per FT Unit for gross proceeds of $2,336,250 from the sale of FT [...]
Bonterra Resources is pleased to announce that it has entered into an amending agreement with Eight Capital, as lead agent, to upsize the previously announced private placement. In connection with the upsized offering, the Company will issue up to 21,750,000 units of the Company and 5,250,000 Quebec premium flow-through units of the Company at a price of $0.25 per Unit and $0.445 per FT Unit for aggregate gross proceeds [...]
Bonterra Resources is pleased to announce that it has entered into an agreement with Eight Capital as lead agent (the “Agent”) in connection with a “best efforts” private placement of up to 16,000,000 units of the Company at a price of $0.25 per Unit for aggregate gross proceeds of up to $4,000,000, pursuant to the listed issuer financing exemption available under National Instrument 45-106 – Prospectus Exemptions (the [...]
Bonterra Resources is pleased to announce encouraging drill results and an update on the ongoing drilling program on the Phoenix JV. The Project is under a definitive earn-in and joint venture agreement with Osisko Mining Inc. 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 [...]
Bonterra Resources is pleased to announce that it has retained Machai Capital Inc. to provide digital marketing services in accordance with the applicable TSX Venture Exchange policies. The engagement has an initial term of three months, pursuant to which Machai will receive 120,000 in common shares of the Company, plus applicable taxes. Machai is an arm's length to Bonterra and has no other relationship with the Company [...]
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