Bonterra Resources closes $21.5 million private placement

February 26, 2018

On February 26, 2018, Bonterra Resources Inc. (TSXV: BTR) (US: BONXF) (FSE: 9BR1) announced that it had closed its previously announced brokered private placement of flow-through shares for gross proceeds of $21,495,000. Sprott Capital Partners acted as lead agent on behalf of a syndicate of agents which included INFOR Financial Inc., Red Cloud Klondike Strike Inc., Laurentian Bank Securities Inc. and PI Financial Corp.

Bonterra is a Canadian gold exploration company based in Vancouver, BC focused on its Gladiator Gold Deposit, 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 Erika Lai (corporate) and Gerald Courage (tax), with the assistance of real estate notary Sylvie Marchand.