BonTerra Announces Closing of $1 Million Financing
510-744 West Hastings Street,
Vancouver, BC V6C 1A5
Office: 604.678.5308
TF: 855.678.5308
www.bonterraresources.com
BonTerra Announces Closing of $1 Million Financing
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DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.
Vancouver, BC – March 14, 2017 – BonTerra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1)
(the “Company” or “BonTerra”) is pleased to announce that it has closed its previously announced non-
brokered private placement for gross proceeds of $1,024,800 (the “Non-Brokered Offering”). Pursuant to
the Non-brokered Offering, BonTerra issued 3,660,000 common shares of the Company (“ Common
Shares”) at a price of $0.28 per Common Share. The Company previously announced the closing of a
bought deal private placement on March 2, 2017, bringing the total proceeds to the Company under both
financings to $14,999,600. The net proceeds from the sale of the Common Shares will be used for general
corporate and working capital purposes. All securities issued under the Offering will be subject to a four
month hold period from the date of issue in accordance with applicable securities laws. The Offering is
subject to final acceptance of the TSX Venture Exchange.
ON BEHALF OF THE BOARD OF DIRECTORS,
Nav Dhaliwal, President & CEO
BonTerra Resources Inc.
Neither the 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.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities
have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”) or any state securities laws
and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933
Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.
This news release includes certain forward-looking statements concerning the use of proceeds of the Offering, the future performance of our
business, its operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and intentions.
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. Forward-looking statements are based on the current opinions and expectations of
management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including
the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing,
as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those
projected in the forward looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update
these forward looking statements except as required by applicable law.