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BTR.V ·

Val‐d’Or, Quebec Office: (819) 825‐8678 Bonterra Initiates Investor Relations Campaign

Marketing Announcement

2872 Sullivan Rd Suite 2 

Val‐d’Or, Quebec

Office: (819) 825‐8678 

Bonterra Initiates Investor Relations Campaign

Val-d’Or, QC – September 1, 2020: Bonterra Resources Inc. (TSX-V: BTR, OTCQX:

BONXF, FSE: 9BR2) (the “ Company” or “Bonterra”) is pleased to announce that it has retained

Adelaide Capital (" Adelaide") to provide investor relations consulting services to the Com pany in

compliance with the policies and guidelines of the TSX Venture Exchange ("TSXV").

Under the terms of the agreemen t, Adelaide will receive $8,000 per month. The agreement is effective

September 1, 2020 and will continue for a period of at least 4 months. There are no performance factors

contained in the agreement. In addition, under the agreement, the Company today granted 35,000 inventive

stock options (the “ Options”) to Adelaide under the Company’s stock option plan (the “ Stock Option

Plan”). Subject to the policies of the TSXV and the terms and cond itions of the Stock Option Plan, the

Options have an exercise price of $1.54 and expire two years fr om the date of issuance and vest 8,750 on

September 1, 2020, 8,750 on December 1, 2020, 8,750 on March 1, 2021 and 8,750 on September 1, 2021.

All options when exercised will be subject to a statutory hold period of four months and one day from the

date of issuance of the options. The entering into of the agreement and the grant of the Options thereunder

are still subject to the approval of the TSXV.

Adelaide is a full-service investor relations firm that brings a unique perspective and a re-engineered

investor relations business model. Adelaide will work with Bon terra’s management team to develop and

deploy a comprehensive capital markets program, which includes assisting with non-deal roadshows,

virtual campaigns, conferences and assisting with investor communication. Adelaide and the Company are

unrelated and unaffiliated entities. Adelaide is principally owned by Deborah Honig.

FOR ADDITIONAL INFORMATION:

Pascal Hamelin, Interim CEO and VP, Operations

[email protected]

2872 Sullivan Road, Suite 2, Val d’Or, Quebec J9P 0B9

819-825-8676 | Website: www.bonterraresources.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.