Bonterra Announces Closing of Private Placement of Units
Bonterra Resources (TSXV: BTR) (OTCQX: BONXF) has completed a non-brokered private placement, raising $325,000 through the sale of 1,625,000 units at $0.20 per unit. Each unit comprises one common share and half a warrant, with each full warrant allowing purchase of one share at $0.26 for two years.
The offering includes a four-month plus one day restricted period ending August 5, 2025, with $19,500 paid in finder's fees. CEO Marc-André Pelletier noted this placement specifically targeted European investors, building on relationships developed since last summer. The proceeds will fund exploration activities and general working capital.
Bonterra Resources (TSXV: BTR) (OTCQX: BONXF) ha completato un collocamento privato non intermediarato, raccogliendo $325.000 attraverso la vendita di 1.625.000 unità a $0,20 per unità. Ogni unità comprende una azione comune e mezza opzione, con ogni opzione intera che consente l'acquisto di un'azione a $0,26 per due anni.
L'offerta include un periodo di restrizione di quattro mesi più un giorno, che termina il 5 agosto 2025, con $19.500 pagati come commissioni per il collocamento. Il CEO Marc-André Pelletier ha sottolineato che questo collocamento è stato specificamente mirato a investitori europei, costruendo su relazioni sviluppate dall'estate scorsa. I proventi finanzieranno attività di esplorazione e capitale circolante generale.
Bonterra Resources (TSXV: BTR) (OTCQX: BONXF) ha completado una colocación privada no intermediada, recaudando $325,000 a través de la venta de 1,625,000 unidades a $0.20 por unidad. Cada unidad comprende una acción común y media garantía, con cada garantía completa permitiendo la compra de una acción a $0.26 durante dos años.
La oferta incluye un período de restricción de cuatro meses más un día que finaliza el 5 de agosto de 2025, con $19,500 pagados en comisiones de intermediación. El CEO Marc-André Pelletier señaló que esta colocación se dirigió específicamente a inversores europeos, basándose en relaciones desarrolladas desde el verano pasado. Los ingresos financiarán actividades de exploración y capital de trabajo general.
Bonterra Resources (TSXV: BTR) (OTCQX: BONXF)는 비중개 사모 배치를 완료하여 $325,000을 모금했습니다. 이는 1,625,000 유닛을 유닛당 $0.20에 판매한 것입니다. 각 유닛은 하나의 보통주와 반 개의 워런트로 구성되며, 각 전체 워런트는 2년 동안 $0.26에 하나의 주식을 구매할 수 있습니다.
이번 공모는 2025년 8월 5일에 종료되는 4개월 + 1일의 제한 기간을 포함하며, $19,500이 중개 수수료로 지급됩니다. CEO인 Marc-André Pelletier는 이번 배치가 특히 유럽 투자자를 목표로 했으며, 지난 여름부터 발전된 관계를 바탕으로 하고 있다고 언급했습니다. 수익금은 탐사 활동과 일반 운영 자본을 지원하는 데 사용될 것입니다.
Bonterra Resources (TSXV: BTR) (OTCQX: BONXF) a complété un placement privé non intermédié, levant $325,000 grâce à la vente de 1,625,000 unités à 0,20 $ par unité. Chaque unité comprend une action ordinaire et une demi-option, chaque option entière permettant l'achat d'une action à 0,26 $ pendant deux ans.
L'offre comprend une période de restriction de quatre mois plus un jour se terminant le 5 août 2025, avec 19 500 $ versés en frais de placement. Le PDG Marc-André Pelletier a noté que ce placement était spécifiquement destiné aux investisseurs européens, s'appuyant sur des relations développées depuis l'été dernier. Les fonds serviront à financer des activités d'exploration et du fonds de roulement général.
Bonterra Resources (TSXV: BTR) (OTCQX: BONXF) hat eine nicht vermittelte Privatplatzierung abgeschlossen und $325.000 durch den Verkauf von 1.625.000 Einheiten zu je $0,20 gesammelt. Jede Einheit besteht aus einer Stammaktie und einer halben Warrant, wobei jede volle Warrant den Kauf einer Aktie zu $0,26 für zwei Jahre ermöglicht.
Das Angebot umfasst eine vier Monate plus einen Tag dauernde Sperrfrist, die am 5. August 2025 endet, mit $19.500, die als Vermittlungsgebühren gezahlt wurden. CEO Marc-André Pelletier stellte fest, dass diese Platzierung speziell auf europäische Investoren abzielte und auf Beziehungen aufbaut, die seit dem letzten Sommer entwickelt wurden. Die Einnahmen werden zur Finanzierung von Explorationsaktivitäten und allgemeinem Betriebskapital verwendet.
- Successfully raised $325,000 in new capital
- Strategic expansion of European investor base
- Minimal finder's fees of $19,500 (6% of raised amount)
- Small offering size indicates investor interest
- Dilutive impact on existing shareholders
- Low unit price of $0.20 suggests weak market valuation
Val-d'Or, Quebec--(Newsfile Corp. - April 7, 2025) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to announce the closing of a non-brokered private placement (the "Offering") pursuant to which the Company sold 1,625,000 units of the Company (each, a "Unit") at a price of
The Shares and Warrants are subject to a four-month plus one day restricted period in Canada ending on August 5, 2025.
Marc-André Pelletier, President and CEO, commented: "This placement was a highly targeted equity raise aimed at a handful of European investors with whom we've been building relationships since last summer, when we began actively marketing in the region. We greatly appreciate the support and confidence demonstrated by this select group and look forward to continuing to build strong relationships across Europe."
The gross proceeds from the sale of Units will be used to fund exploration activities at the Company's projects and for general working capital.
The securities referred to herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, any U.S. persons or any persons within the United States absent registration or available exemptions from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. 'United States' and 'U.S. person' are as defined in Regulation S under the U.S. Securities Act.
About Bonterra
Bonterra is a Canadian gold exploration company with a portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada. The Company's assets include the Gladiator, Barry, Moroy, and Bachelor gold deposits, which collectively hold 1.24 million ounces in Measured and Indicated categories and 1.78 million ounces in the Inferred category.
In November 2023, the Company entered into an earn-in and joint venture agreement with Osisko Mining Inc. for the Urban-Barry properties (the "JV Agreement"), which include the Gladiator and Barry deposits. In October 2024, Gold Fields Ltd completed the acquisition of Osisko Mining for C
FOR ADDITIONAL INFORMATION
Marc-André Pelletier, President & CEO
ir@btrgold.com
2872 Sullivan Road, Suite 2, Val d'Or, Quebec J9P 0B9
819-825-8678 | Website: www.btrgold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. All statements other than statements of historical fact may be forward‐looking statements or information. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. The forward‐looking statements and information are based on certain key expectations and assumptions made by management of the Company. Forward-looking statements made in this news release include statements regarding the proposed use of proceeds of the Offering. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward‐looking statements and information since no assurance can be given that they will prove to be correct.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Actual results could differ materially from those currently anticipated due to a number of factors and risks, including, with respect to the Offering, the timing of final TSX Venture Exchange approval; and with respect to the use of proceeds, the sufficiency of the proceeds, the speculative nature of mineral exploration and development, fluctuating commodity prices, and competitive, as described in more detail in our recent securities filings available at www.sedarplus.ca. Accordingly, readers should not place undue reliance on the forward‐looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward‐looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
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FAQ
How much did Bonterra Resources (BONXF) raise in their April 2025 private placement?
What are the terms of BONXF's warrant offering in the April 2025 placement?
When does the restricted period end for BONXF's April 2025 private placement?
How will BONXF use the proceeds from the April 2025 private placement?
