BonTerra Resources closes strategic investment by Kinross Gold

March 27, 2017

On March 27, 2017, BonTerra Resources Inc. (TSXV: BTR) (US: BONXF) (FSE: 9BR1) announced that it had closed its previously announced private placement of common shares of BonTerra by Kinross Gold Corporation for total gross proceeds of $5,200,104. On closing of the transaction, Kinross held approximately 9.5% of BonTerra’s issued and outstanding common shares on an undiluted basis.

BonTerra is a Canadian gold exploration company based in Vancouver, BC focused on continuing to expand its NI 43-101 compliant gold resource on its West Arena Property, part of the Abitibi Greenstone Belt in Quebec.

Miller Thomson advised BonTerra in this transaction with a team that included Rory Godinho, Kevin Sorochan and Brian Fast.