Val‐d’Or, Quebec Office: (819) 825‐8678 Bonterra Postpones Filing of Interim Financial Statements and MD&A
2872 Sullivan Rd Suite 2
Val‐d’Or, Quebec
Office: (819) 825‐8678
Bonterra Postpones Filing of Interim Financial Statements and MD&A
Val-d’Or, QC – May 29, 2020: Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF,
FSE: 9BR2) (the “Company” or “Bonterra”) announces that it has postponed filing its interim
consolidated financial statements and management's discussion and analysis for the period ended
March 31, 2020 (collectively, its " Interim Documents ") due to delays caused by coronavirus
disease 2019 pandemic (“ COVID-19”). Further to its announcement on April 21, 2020, the
Company continues to postpone the filing its annual financial s tatements and management's
discussion and analysis for the year ended December 31, 2019 (c ollectively, its “ Annual
Documents”).
Disclosure Filings
On March 18, 2020, the Canadian Securities Administrators issued a notice stating that securities
regulators will be providing coordinated relief consisting of a 45-day extension for certain periodic
filings required to be made on or prior to June 1, 2020 as a result of the COVID-19 pandemic. As
such the British Columbia Securities Commission has enacted BC Instrument 51-515, Temporary
Exemption from Certain Corporate Finance Requirements.
On April 21, 2020, Bonterra announced that due to circumstances created by the COVID-19
pandemic, that it would not file its Annual Documents by the scheduled due date of April 29, 2020
as required by National Instrument 51-102. Instead, Bonterra ut ilized the temporary exemption
under BC 51-515 to file its Annual Documents. Bonterra is cont inuing to work with its auditors
and will file its Annual Documents by June 15, 2020.
The Company further announces that filing of its Interim Docume nts will be postponed as well
due to delays caused by the COVID-19 pandemic. The Interim Documents would ordinarily have
been filed on or before June 1, 2020, the required deadline set by NI 51-102. Bonterra is relying
on the exemption provided in BC Instrument 51-515, Temporary Ex emption from Certain
Corporate Finance Requirements ("BC 51-515"), which provides the Company with an additional
45 days to file its Interim Documents, which includes the follo wing continuous disclosure
documents:
the Company's unaudited financial statements for the quarter en ded March 31, 2020 as
required by section 4.4 of NI 51-102; and
the Company's Management's discussion and analysis for the quarter ended March 31, 2020
as required by section 5.1(2) of NI 51-102.
The Company will file the Interim Documents no later than July 14, 2020. In the interim, until the
Annual and Interim Documents have been filed management and oth er insiders of the Company
are subject to a trading black-out policy as described, in principle, in section 9 of National Policy
11-207, Failure to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.
The Company confirms that since the filing of its interim consolidated financial statements for the
period ended September 30, 2019, there have been no material bu siness developments other than
those disclosed through news releases.
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FOR ADDITIONAL INFORMATION:
Investor relations
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.