Mr. Nav Dhaliwal reports

ALAIN BELAND ANNOUNCES ACQUISITION OF COMMON SHARES OF BONTERRA RESOURCES

On Feb. 18, 2015, Alain Beland acquired beneficial ownership of 3,028,542 common shares in the capital of Bonterra Resources Inc.

Mr. Beland acquired beneficial ownership of 3,718,392 shares in the capital of Bonterra through a shares-for-debt settlement relating to geological services provided on Bonterra's Quebec property, as announced in Bonterra press release dated Dec. 22, 2014. Of the shares, 3,028,542 are held under the name Machines Roger International, and 689,850 are held under the name 9225-5909 Quebec Inc., of which Mr. Beland is the principal to both companies. Each share has a deemed value of 10 cents totalling an aggregate of $371,839.20 of debt settled with shares. The shares represent 19.19 per cent of the issued and outstanding common shares as at Feb. 18, 2015.

There are no other persons acting jointly or in concert with Mr. Beland.

Mr. Beland effected the acquisition of shares to settle the debt relating to geological services performed on Bonterra's Quebec gold property and reserves the right to purchase additional securities of Bonterra from time to time and to dispose of any securities of Bonterra that he may own.

An early warning report was filed on SEDAR under the profile of Bonterra on Feb. 24, 2015.