Bonterra Awarded UL ECOLOGO Certification for Responsible Mineral Exploration and Announces Grants Security-Based Compensation
Bonterra Awarded UL ECOLOGO Certification
for Responsible Mineral Exploration and
Announces Grants Security-Based
Compensation
Val-d'Or, Quebec--(Newsfile Corp. - February 17, 2026) -
Bonterra Resources Inc. (TSXV: BTR)
(OTCQX: BONXF) (FSE: 9BR2)
("
Bonterra
" or the "
Company
") is pleased to announce it has
received UL 2723 ECOLOGO® Certification for Mineral Exploration Companies, recognizing our
exemplary environmental, social, and governance (ESG) practices. Supported by the Québec Mineral
Exploration Association ("
AEMQ
"), the ECOLOGO® program consists of a certification recognizing
best-in-class sustainability and responsible practices for mineral exploration companies, developed by
Underwriters Laboratories (UL).
Marc-André Pelletier, President and CEO, commented: "Receiving the ECOLOGO® certification
demonstrates the Company's commitment to sustainable development in our exploration activities. Our
team works diligently to reduce the impact of our operations while respecting the environment and
communicating with local communities. We would like to thank AEMQ for their support and guidance
during the accreditation process."
Security-Based Compensation
The Company also announces that effective February 17, 2026, it granted an aggregate of 545,000
restricted share units of Bonterra ("RSUs") to officers of the Company. The RSUs are subject to a one-
year vesting period from the date of grant in accordance with the Company's Omnibus Equity Incentive
Compensation Plan.
The Company also granted stock options to officers to acquire an aggregate of 1,660,000 common
shares of the Company. Each stock options vest immediately and are exercisable at a price of $0.18
per share for a period of five years from the date of grant.
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 7.4 million tonnes at 5.21g/t Au for 1.24
million ounces of Measured and Indicated categories and 9.2 million tonnes at 6.05g/t Au for 1.78 million
ounces of Inferred mineral resources category.
In November 2023, the Company entered into an earn-in and joint venture agreement with Osisko Mining
Inc. ("
Osisko Mining
") for the Urban-Barry properties (the "
JV Agreement
"), which include the
Gladiator and Barry deposits. In October 2024, Gold Fields Ltd, through a wholly owned Canadian
subsidiary, completed the acquisition of Osisko Mining for C$2.16 billion. Gold Fields is now the
counterparty to the JV Agreement and can continue to earn a 70% interest in the joint venture by
incurring C$30 million in work expenditures on or before November 2026 (including expenditures
incurred by Osisko Mining prior to October 2024). 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
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.
Caution regarding forward-looking statements
This news release contains forward-looking statements within the meaning of applicable securities laws.
All statements other than statements of historical fact may be forward-looking and are often identified by
words such as "may", "will", "plan", "expect", "anticipate", "estimate", and "intend". Forward-looking
statements in this release include, without limitation, statements regarding the award of the ECOLOGO®
certification, and Gold Fields' ability to complete the remaining earn-in expenditures under the JV
Agreement.
These statements are based on assumptions considered reasonable by management, including
assumptions regarding exploration plans, budgets, schedules, regulatory approvals, and the continued
advancement of work by Gold Fields. However, forward-looking statements involve known and unknown
risks, uncertainties, and other factors that may cause actual results to differ materially. Such risks
include, but are not limited to, changes to exploration plans, results that differ from expectations,
operational or permitting challenges, the ability of the parties to complete the Joint Venture, the timing
and completion of earn-in expenditures, the speculative nature of mineral exploration, commodity price
fluctuations, and the availability of financing. Additional information regarding risks can be found in the
Company's filings at
www.sedarplus.ca
.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company does
not undertake to update any forward-looking statement except as required by applicable securities laws.
All forward-looking statements in this release are expressly qualified by this cautionary statement.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/284222