BonTerra Closes $5.2M Strategic Investment by Kinross Gold

BonTerra logo, V.BTR, gold

BonTerra Resources Inc. (TSX-V: BTR) is pleased to announce that it has closed its previously announced private placement of 14,857,440 common shares (“Common Shares”) of BonTerra by Kinross Gold Corporation (“Kinross”) at a price of $0.35 per Common Share for total gross proceeds of $5,200,104 (the “Transaction”). On closing of the Transaction, Kinross holds approximately 9.5% of BonTerra’s issued and outstanding Common Shares on an undiluted basis.
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