Bonterra Announces $ 12.9 Million Bought Deal Financing

BonTerra logo, V.BTR, gold

BonTerra Resources Inc. (TSX-V: BTR) is pleased to announce that it has entered into an agreement with Sprott Capital Partners to act as lead underwriter (the Lead Underwriter) and INFOR Financial Inc. (collectively, the Underwriters), in connection with a bought deal private placement to raise gross proceeds of $12,910,200 (the Offering).

The Offering will consist of a combination of (a) 11,905,000 flow-through common shares of the Company (Flow-Through Shares) at a price of $0.84 per Flow-Through Share and (b) 5,820,000 common shares of the Company (Common Shares) at a price of $0.50 per Common Share.
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