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Bonterra Extends Marketing Agreement with Westlake Capital

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Bonterra Resources has extended its marketing agreement with Westlake Capital, a Zurich-based marketing firm. Westlake will provide non-exclusive marketing and investor relations services, including investor outreach, organizing meetings, news distribution, marketing campaign assistance, and market intelligence. The agreement spans six months with a monthly fee of GBP 4,500, not exceeding CAN$49,000 total. Westlake, operating at arm's length from Bonterra, owns no securities or interests in the company.

Bonterra Resources ha esteso il suo accordo di marketing con Westlake Capital, una società di marketing con sede a Zurigo. Westlake fornirà servizi di marketing e relazioni con gli investitori non esclusivi, inclusi contatti con gli investitori, organizzazione di incontri, distribuzione di notizie, assistenza nelle campagne di marketing e intelligence di mercato. L'accordo ha una durata di sei mesi con una tassa mensile di 4.500 GBP, non eccedente un totale di 49.000 CAN$. Westlake, operando in modo autonomo rispetto a Bonterra, non possiede titoli o interessi nella società.

Bonterra Resources ha ampliado su acuerdo de marketing con Westlake Capital, una firma de marketing con sede en Zúrich. Westlake proporcionará servicios de marketing y relaciones con inversores no exclusivos, que incluyen contacto con inversores, organización de reuniones, distribución de noticias, asistencia en campañas de marketing e inteligencia de mercado. El acuerdo abarca seis meses con una tarifa mensual de 4,500 GBP, sin superar un total de 49,000 CAN$. Westlake, operando de manera independiente de Bonterra, no posee valores ni intereses en la compañía.

Bonterra Resources는 취리히에 본사를 둔 마케팅 회사인 Westlake Capital와의 마케팅 계약을 연장했습니다. Westlake는 투자자 접근, 회의 조직, 뉴스 배포, 마케팅 캠페인 지원 및 시장 정보 제공을 포함한 비독점적인 마케팅 및 투자자 관계 서비스를 제공합니다. 계약은 6개월 동안 유효하며, 월 수수료는 4,500 GBP로 총 49,000 CAN$를 초과하지 않습니다. Bonterra와 독립적으로 운영되는 Westlake는 회사의 증권이나 이해관계를 소유하고 있지 않습니다.

Bonterra Resources a prolongé son accord de marketing avec Westlake Capital, une société de marketing basée à Zurich. Westlake fournira des services de marketing et de relations investisseurs non exclusifs, incluant la sensibilisation des investisseurs, l'organisation de réunions, la distribution de nouvelles, l'assistance aux campagnes de marketing et l'intelligence de marché. L'accord s'étend sur six mois avec un frais mensuel de 4 500 GBP, ne dépassant pas un total de 49 000 CAN$. Westlake, opérant de manière indépendante par rapport à Bonterra, ne possède aucun titre ni intérêt dans la société.

Bonterra Resources hat seine Marketingvereinbarung mit Westlake Capital, einer Marketingfirma mit Sitz in Zürich, verlängert. Westlake wird nicht-exklusive Marketing- und Investor Relations-Dienstleistungen anbieten, einschließlich Investor Outreach, Organisation von Meetings, Nachrichtenverteilung, Unterstützung bei Marketingkampagnen und Marktforschung. Die Vereinbarung gilt für sechs Monate mit einer monatlichen Gebühr von 4.500 GBP, die insgesamt 49.000 CAN$ nicht überschreiten darf. Westlake, das unabhängig von Bonterra arbeitet, besitzt keine Wertpapiere oder Interessen am Unternehmen.

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Val-d'Or, Quebec--(Newsfile Corp. - November 21, 2024) - Bonterra Resources Inc. (TSXV: BTR) ("Bonterra" or the "Company") is pleased to announce that it has extended the agreement with Westlake Capital ("Westlake") pursuant to which Westlake will provide marketing and investor relations services to the Company on a non-exclusive basis, including: (i) initiating contact with qualified investors, (ii) organizing virtual or in person meetings with potential investors and analysts (iii) forwarding news releases issued by the Company to Westlake's contact base, (iv) assisting with preparing a virtual marketing campaign by the Company, (v) assisting in obtaining coverage by newsletter writers and analysts, and (vi) assisting with market intelligence. In consideration for providing these services, Westlake will be paid a monthly cash fee of GBP 4,500 from the Company's working capital. Westlake has been engaged for a term of six months, which may be extended by mutual agreement, subject to earlier termination by either party on 30 days' written notice. The cost of the investor relations services provided by Westlake is not anticipated to exceed CAN$49,000 over the six-month term.

Westlake is a sole proprietorship marketing firm based out of Zurich, Switzerland, and specializing in investor relations and profile-building within the European investment community. Westlake is an arm's length party to Bonterra and has no other relationship with the Company except under this engagement. Westlake does not own any securities of Bonterra, nor does it have any other interest in the Company or a right to acquire such an interest.

About Bonterra Resources Inc.

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, which include the Gladiator and Barry deposits. In August 2024, Gold Fields Ltd. announced the acquisition of Osisko Mining for C$2.16 billion. Gold Fields can earn a 70% interest in the joint venture by incurring C$30 million in work expenditures until November 2026. This strategic transaction highlights Bonterra's dedication to advancing its exploration assets, marking a significant step towards development.

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. 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, without limitation, the speculative nature of mineral exploration and development, fluctuating commodity prices, and competitive conditions, 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/230793

FAQ

What is the cost of Bonterra Resources' (BONXF) marketing agreement with Westlake Capital?

Bonterra Resources will pay Westlake Capital a monthly fee of GBP 4,500, with total costs not exceeding CAN$49,000 over the six-month term.

What services will Westlake Capital provide to Bonterra Resources (BONXF)?

Westlake Capital will provide investor relations services, including investor outreach, organizing meetings, news distribution, marketing campaign assistance, analyst coverage support, and market intelligence.

How long is Bonterra Resources' (BONXF) agreement with Westlake Capital?

The agreement is for a six-month term, with the possibility of extension by mutual agreement and a 30-day termination notice option for either party.

BONTERRA RES INC ORD

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