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Bonterra Announces Increase In Bought Deal Financing With Sprott Capital Partners To $9.4 Million

February 7, 2017 - releases
Bonterra Announces Increase In Bought Deal Financing With Sprott Capital Partners To $9.4 Million

BonTerra Resources Inc. (TSX-V: BTR) is pleased to announce that it has entered into an amended agreement with Sprott Capital Partners, a division of Sprott Private Wealth LP (“Sprott”) to act as lead underwriter (the “Underwriter”), and has agreed to increase the offering size of purchased securities from $6,004,600.00 to $9,394,000.00 in gross proceeds (the “Offering”).

The Offering will consist of a combination of (a) 11,000,000 flow-through common shares of the Company (“Flow-Through Shares”) at a price of $0.35 per Flow-Through Share and (b) 19,800,000 common shares of the Company (“Common Shares”) at a price of $0.28 per Common Share.
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