Val‐d’Or, Quebec Office: (819) 825‐8678 Marc-Andre Pelletier Officially Takes Over as President and CEO of Bonterra
2872 Sullivan Road, Suite 2
Val‐d’Or, Quebec
Office: (819) 825‐8678
Marc-Andre Pelletier Officially Takes Over as President and CEO of
Bonterra
Val-d’Or, QC – January 17, 2022 – Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF,
FSE: 9BR2) (“Bonterra” or the “ Company”) is pleased to announce that Marc-Andre Pelletier has
officially taken over as President and Chief Executive Officer today as previously announced on
November 11, 2021.
Marc-Andre Pelletier, President, CEO and Director of Bonterra s tated: “I am very excited to take over
as President and CEO of Bonterra and lead the Company as it tra nsitions from advanced exploration to
development and ultimately to a restart of production. I am ready to take on the challenges that lie ahead
in collaboration with the team at Bonterra and look forward to communicating our progress in the near
future.”
In addition, Bonterra is pleased to announce that Anik Gendron has joined the Board as an independent
non-executive Director of the Com pany, effective immediately. Ms. Gendron is an attorney with vast
experience in corporate and commercial law, securities laws, co mpliance and ESG issues. Known for
her business acumen, she has advised many entrepreneurs at all stages of development and has served
as general counsel and corporate secretary for several publicly traded companies, mainly in the mining
sector. Ms. Gendron holds a B.S c (economics) and LLB from the U n i v e r s i t y o f M o n t r e a l a n d h a s
obtained the Certification in Ethics and Compliance from HEC in February 2021. Ms. Gendron replaces
Jean Rainville who has resigned as a Director of the Company, e ffective immediately. The Board of
Directors thanks Mr. Rainville for his service to Bonterra and wishes him well in his future endeavors.
Cesar Gonzalez, Executive Chairman of Bonterra commented: “The addition of Anik as an independent
non-executive Director is an important step in enhancing our board diversity and skill sets. Her extensive
experience in legal affairs and ESG will prove invaluable as Bo nterra continues to mature as a public
company.”
Lastly, in connection with the new appointment and as a normal course of business, Bonterra announces
the grant of incentive stock options to acquire a total of 1,30 0,000 common shares of the Company to
various officers and directors pursuant to the Company’s stock option plan and subject to any regulatory
approval. Each stock option, vest s immediately and is exercisa ble at a price of $1.32 per share for a
period of five years from the grant date.
About Bonterra Resources Inc.
Bonterra is a Canadian gold exploration company with a large portfolio of advanced exploration assets
anchored by a central milling facility in Quebec, Canada. The Company has four main assets, Gladiator,
Barry, Moroy, and Bachelor that collectively have a total of 1. 24 million ounces in Measured and
Indicated categories, and 1.78 million ounces in Inferred category. Importantly, the Company owns the
only permitted and operational gold mill in the region that is currently estimated at 85% through the
permitting process to expand from 800 to 2,400 tonnes-per-day. Bonterra is focused on graduating from
advanced exploration to a development company over the next 24 months to deliver shareholder value.
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FOR ADDITIONAL INFORMATION
Marc-Andre Pelletier, President, CEO and Director
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.
Cautionary and Forward-Looking Statements
This news release contains "forw ard-looking information" within the meaning of the applicable Canadian securities
legislation that is based on expectations, estimates, projectio ns and interpretations as at the date of this news release. An y
statement that implies predictions, expectations, interpretations, opinions, plans, projections, objectives, assumptions, future
events or performance (often usi ng words such as “expects” or “ does not expect”, “is expected”, “interpreted”, “in
management's opinion”, “anticipates”, or “plans”, “budget”, “sc hedule”, “forecasts”, statements that certain actions, events
or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved) is not a statement of historical
fact and may constitute forward-looking information and is inte nded to identify forward-looking information. This news
release may contain forward-looking information relating to, am ong other things, the outlook for the Gladiator, Barry, and
Moroy projects; updated mineral resources; the deposit remainin g open laterally and at depth; and future drilling. These
factors include, but are not limited to, risks associated with the ability of exploration activities (including drilling results) to
accurately predict mineralization; the Company's ability to obt ain required approvals; the results of exploration activities;
risks associated with mining operations; global economic condit ions; metal prices; dilution; environmental risks; and
community and non-governmental actions. Although the forward-looking information contained in this news release is based
on assumptions that management believes are reasonable at the t ime of release, Bonterra cannot assure shareholders and
prospective purchasers of the Company's securities that actual results will be consistent with the forward-looking information,
as there may be other factors that cause results not to be as a nticipated, estimated or intended, and neither Bonterra nor any
other person assumes responsibility for the accuracy or completeness of forward-looking information. All statements made,
other than statements of historical fact, that address the Comp any's intentions and the events and developments that the
Company anticipates, are considered forward-looking statements. Although t he Company believe s t hat the e xpectations
expressed in such forward-looking statements are based on reaso nable assumptions, such statements are not guarantees of
future performance, and actual results or developments may differ from those in the forward-looking statements.