Bonterra Announces Appointment of New Chief Financial Officer
2872 Sullivan Road, Suite 2
Val‐d’Or, Quebec
Office: (819) 825‐8678
Bonterra Announces Appointment of New Chief Financial Officer
Val-d’Or, QC – October 3, 2022 – Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF,
FSE: 9BR2) (“Bonterra” or the “Company”) is pleased to announce the appointment of Ms. Pier-
Elise Hebert-Tremblay as C hief Financial Officer (“ CFO”) of the Company, effective
immediately. Ms. Hebert-Tremblay succeeds Mr. Johnny Oliveira, who has retired as CFO,
effective immediately, but will remain with Bonterra as a consu ltant throughout the transition
period.
Ms. Hebert-Tremblay is a member of the Certified Professional A ccountants of Quebec since
August 2011 and holds a Bachelor in Accounting and a Master in Business Administration from
the University of Quebec at Chicoutimi. Ms. Hebert-Tremblay ha s served as CFO of Arianne
Phosphate Inc. since 2021 and had previously been their financi al controller since 2010. Ms.
Hebert-Tremblay specializes in fi nancial reporting and tax comp liance for junior listed resource
companies, forecast development and financial modeling.
Marc-Andre Pelletier, President, CEO and Director of Bonterra commented: “On behalf of myself
and the Board, I am very pleased to welcome Ms. Hebert-Tremblay as the new CFO of Bonterra.
With the addition of Ms. Hebert-Tremblay, another piece is in place towards advancing the
Company to production, starting wi th the Barry open pit. In ad dition, I would like to thank Mr.
Oliveira for his many contributions to Bonterra during his tenure and wish him tremendous success
on his retirement and future endeavors.”
As part of Ms. Hebert-Tremblay’s appointment, the Company has granted her 500,000 incentive
stock options (“ Options”). The Options were granted pursuant to the Company's Stock O ption
Plan and each Option entitles th e holder to acquire one common share of the Company at an
exercise price of $0.50 until October 3, 2027. These Options vest as follows: (a) 1/4 of the Options
granted immediately; (b) 1/4 of the Options granted on the first anniversary; (c) 1/4 of the Options
granted on the second anniversary; and (d) 1/4 of the Options granted, being the remaining amount,
on the third anniversary, subject to a vesting acceleration clause under certain events.
About Bonterra Resources Inc.
Bonterra is a Canadian gold exploration company with a large po rtfolio 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. Bonterra is focused
on graduating from advanced exploration to a development company to deliver shareholder value.
FOR ADDITIONAL INFORMATION
Marc-Andre Pelletier, President & CEO
2872 Sullivan Road, Suite 2, Val d’Or, Quebec J9P 0B9
819-825-8678 | Website: www.btrgold.com
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TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary and Forward-Looking Statements
This news release includes certain forward-looking statements c oncerning the use of proceeds of the Offering, the
future performance of our business, its operations and its fina ncial performance and condition, as well as
management’s objectives, strategies, beliefs and intentions. Fo rward-looking statements are frequently identified by
such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future
events and results. Forward-looking statements are based on the current opinions and expectations of management.
All forward-looking information is inherently uncertain and sub ject to a variety of assumptions, risks and
uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices,
competitive risks and the availability of financing, as described in more detail in our recent securities filings available
at www.sedar.com. Actual events or results may differ materiall y from those projected in the forward-looking
statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these
forward-looking statements except as required by applicable law.