Bonterra Announces Increase in Bought Deal Financing to $20 Million

BonTerra logo, V.BTR, gold

BonTerra Resources Inc. (TSX-V: BTR) is pleased to announce that it has entered into an amended agreement with Sprott Capital Partners to act as lead underwriter (the “Lead Underwriter”) and INFOR Financial Inc. (collectively, the “Underwriters”), and has agreed to increase the offering size of purchased securities from $12,910,200 to $19,999,880 in gross proceeds (the “Offering”).

The Offering will consist of a combination of (a) 17,857,000 flow-through common shares of the Company (“Flow-Through Shares”) at a price of $0.84 per Flow-Through Share and (b) 10,000,000 common shares of the Company (“Common Shares”) at a price of $0.50 per Common Share.
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