Bonterra Energy Corp.

Bonterra shareholders continue to advise the Company they will not tender their shares Amended offer displays lack of success with Hostile Bid Shareholders need to take no action to REJECT the offer Bonterra Energy Corp. today confirms that the Company has carefully reviewed the Notice of Extension, Variation and Change filed by Obsidian Energy Ltd. for the unsolicited bid to acquire all of the issued and outstanding [...]

Bonterra Energy Corp. today acknowledges amendments to the unsolicited offer from Obsidian Energy Ltd. to purchase all of the issued and outstanding common shares of Bonterra and continues to recommend that Bonterra Shareholders take no action, and REJECT the Hostile Bid by NOT TENDERING their shares. Obsidian's Hostile Bid has proven to be unsuccessful, with Bonterra shareholders overwhelmingly advising they will not [...]

Offer to purchase Bonterra extended to January 25, 2021 Minimum tender condition lowered to 50% of Bonterra Energy Corp.'s outstanding shares Improved valuation following Obsidian Energy Ltd. share price up 110% in the last month, compared to 4% for Bonterra Energy Corp. *This news release contains multimedia – to view the full PDF version as it is intended, please click here.* Obsidian Energy Ltd. today announced that [...]

Bonterra is one of the first Canadian energy producers to qualify and be approved for both the EDC and BDC government support programs, a condition of which is financial viability. With the successful completion of its recent financing initiatives, Bonterra's go-forward strategic plan is expected to grow production by more than 30 percent and return the Company's average annual production to pre-COVID levels of [...]

Bonterra Energy Corp. today announces its operating and financial results for the three and nine month periods ended September 30, 2020. The related unaudited condensed financial statements and notes, as well as management's discussion and analysis , are available on SEDAR at www.sedar.com and on Bonterra's website at www.bonterraenergy.com. HIGHLIGHTS Three months ended Nine months ended As at and for the periods ended [...]

Bonterra Energy Corp. announces it has received approval from its syndicate of lenders for the Export Development Canada and Business Development Bank of Canada programs and to extend the revolving period applicable to the Company's existing credit facility to November 13, 2020 from October 30, 2020. The purpose of this short-term extension affords Bonterra and associated parties the time required to finalize definitive [...]

The Hostile Bid is a "take-under" bid offered at a discount and does not provide adequate value for Shareholders. The Hostile Bid's lack of financing plan creates significant Shareholder risk and uncertainty. In excess of 30% of Bonterra Shareholders have already confirmed they WILL NOT TENDER to the Hostile Bid. For any questions please contact Bonterra's Information Agent, Laurel Hill Advisory Group at 1-877-452-7184 or [...]

Bonterra Energy Corp. is pleased to announce that it has received a reserve based lending commitment from Export Development Canada of up to $38.4 million . In addition, Bonterra is pleased to confirm that to date, its vendors have been approved for $21 million of funding through Alberta's Site Rehabilitation Program . These amounts build on the Company's recently approved $45 million Business Development Bank of Canada [...]

Bonterra Energy Corp. announces it has received approval from its syndicate of lenders to extend the revolving period applicable to the Company's existing credit facility to October 30, 2020 from September 30, 2020. The credit facility will continue to be available on a revolving basis until that date. The extension presents Bonterra and its syndicate of lenders additional time to finalize legal and banking documentation [...]

The Offer is open for 105 days and there is no immediate need to take any action. Your Board of Directors will provide a recommendation on or before October 6th. Bonterra Energy Corp. acknowledges receipt of the unsolicited offer from Obsidian Energy Ltd. to purchase all the issued and outstanding common shares of Bonterra . The Offer is open for 105 days and there is no immediate need to take any action. Bonterra's board [...]