Bonterra Defendant in Litigation
Bonterra Defendant in Litigation
VAL-D'OR, QC
,
April 16, 2019
/CNW/ -
Bonterra Resources Inc.
(TSX-V: BTR, OTCQX: BONXF,
FSE: 9BR1) ("
Bonterra
" or the "
Company
") reports it has received notice of a civil claim, filed by its
former Chief Executive Officer and director,
Navjit Dhaliwal
, and its former Vice President of
Exploration and director,
Richard Dale Ginn
, seeking payment in the amount of
$1,092,000
for each
plaintiff.
On behalf of the Board, Chairman
Greg Gibson
stated: "This lawsuit is strictly an attempt to bully
Bonterra. Guided by our duty to act in the best interest of the Company and all shareholders, we will
vigorously contest this claim and seek appropriate remedy for any damages caused to Bonterra by
the plaintiffs' actions. Our response will be forthcoming."
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.
Cautionary and Forward-Looking Statements
This press release contains "forward-looking information" that is based on Bonterra's current
expectations. The words "will", "anticipated", "plans" or other similar words and phrases are
intended to identify forward-looking information.
This forward-looking information includes namely,
information with respect to the legal proceedings and Bonterra's successful contest thereof.
Forward-looking information is subject to known and unknown risks, uncertainties and other
factors that may cause Bonterra's actual achievements to be materially different from those
expressed or implied by such forward-looking information. Such factors include but are not limited
to uncertainties of the outcome of legal proceedings. This list is not exhaustive of the factors that
may affect our forward-looking information. These and other factors should be considered carefully
and readers should not place undue reliance on such forward-looking information. Bonterra
disclaims any intention or obligation to update or revise forward-looking information, whether as a
result of new information, future events or otherwise.
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SOURCE
Bonterra Resources Inc.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/April2019/16/c0249.html
%SEDAR: 00026953E
For further information:
Interim Chief Executive Officer: Greg Gibson, 819-825-8676 |
[email protected], 2872 Sullivan Road, Suite 2, Val d'Or, Quebec, J9P 0B9, 819-825-8676
| Website: www.bonterraresources.com
CO: Bonterra Resources Inc.
CNW 08:51e 16-APR-19