- Bonterra Resources (BTR) has closed the brokered private placement for gross proceeds of $11,664,450
- Bonterra issued 7,935,000 flow-through shares at a price of $1.47 per share
- The agents, led by Cormark Securities Inc, received a cash fee equal to 6 per cent of the gross proceeds of the offering
- Bonterra Resources is a Canadian gold exploration company
- BonTerra Resources Inc. (BTR) opened trading at C$1.06 per share
Bonterra Resources (BTR) has closed the brokered private placement for gross proceeds of $11,664,450.
Bonterra issued 7,935,000 flow-through shares at a price of $1.47 per share.
Cormark Securities Inc. acted as lead agent on behalf of a syndicate of agents which included Red Cloud Securities Inc. The agents received a cash fee equal to 6 per cent of the gross proceeds of the offering.
Shares issued in the offering are subject to a statutory hold period of four months and one day from the date of issue. The offering remains subject to final approval by the TSXV.
Bonterra Resources is a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada.
BonTerra Resources Inc. (BTR) opened trading at C$1.06 per share.
