Bonterra Announces Results of Shareholder Meeting
Suite 4006, 1011 West Cordova Street Vancouver, B.C. V6C 0B2 Telephone: (604) 678-5308 Fax: (604) 678-5309
BONTERRA ANNOUNCES RESULTS OF SHAREHOLDER MEETING
Vancouver, BC – January 15, 2013: BonTerra Resources Inc. (TSXV: BTR; FSE: 9BR) (the “Company” or “BonTerra”) announces today that the management board nominees Robert Bryce, Navjit Dhaliwal, Casey Forward, Robert Gagnon and Hans Rasmussen were re-elected as the Company's board of directors (the " Board") at the Company's Annual General Meeting held on January 14, 2013 (the "Meeting"). Over 28 million shares were voted in favour of each management nominee.
Members of the Board wish to express their thanks to all shareholders who took the time and effort to vote their shares. The sheer volume of votes cast demonstrates that BonTerra's shareholders are passionate about the Company and interested in its progress.
The voting results demonstrated clear support and confidence in the Board, however notwithstanding this, the Board recognizes that the Company has an element of dissatsified shareholders. The Board's mandate is to work in the best interest of all the Company's shareholders and as such the Board intends to consider and address some of the concerns expressed by the dissident shareholders.
The Board reappointed Navjit Dhaliwal as the President and Chief Executive Officer of the Company, Casey Forward as the Chief Financial Officer and Ping Shen as Secretary.
BonTerra is currently planning its 2013 drill program on its Quebec properties and will provide updates on progress in the coming weeks.
About BonTerra Resources Inc.
BonTerra is a Canadian gold exploration company based in Vancouver, B.C. focused on continuing to expand the drill-defined gold zones on its Eastern Extension property (the "Property"), part of the world famous Abitibi Greenstone Belt in mining friendly Quebec. BonTerra has a total of three gold properties in the Urban-Barry belt: the Eastern Extension, Lavoie and the Urban-Barry properties which are all located approximately 170 km northeast of Val-d’Or and approximately 125 km southwest of Chibougamau in the Urban, Barry and Bailly townships in Québec.
ON BEHALF OF THE BOARD
BONTERRA RESOURCES INC.
"Navjit Dhaliwal”
Navjit Dhaliwal President, Director (604) 678-5308
For further information contact:
Navjit Dhaliwal [email protected] www.bonterraresources.com Tel: (604) 678-5308
Caution Concerning Forward-Looking Statements
Information included, attached to or incorporated by reference into this News Release may contain forward looking statements. All statements, other than statements of historical fact, included or incorporated by reference in this News Release are forward-looking statements, including, without limitation, statements regarding activities, events or developments that the Board expects or anticipates may occur in the future. These forward- looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the Company's future strategy and business plan and execution of the Company's existing plans. There can be no assurance that the plans, intentions or expectations upon which these forward-looking statements are based will occur. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, which are not a guarantee of performance and are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, changes in law, regulatory processes, the status of BonTerra's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward- looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward- looking statements, refer to the Company's filings with the Canadian securities regulators available on www.sedar.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.