05:03:21 EDT Sun 07 Jun 2020
Enter Symbol
or Name

Bonterra Resources Inc (3)
Symbol BTR
Shares Issued 46,449,086
Close 2019-04-11 C$ 1.84
Recent Sedar Documents

Bonterra sued by former president Dhaliwal

2019-04-11 09:40 ET - Street Wire

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Mike Caswell

Bonterra Resources Inc. is facing a lawsuit in the Supreme Court of British Columbia from its former president, Navjit Dhaliwal, and former vice-president of exploration, Richard Dale Ginn. The men are each seeking a $1.09-million payment that they say was owing to them with respect to their resignations from the company. The money became payable on March 25, 2019, but Bonterra has so far failed to send payment, the men claim.

Nav Dhaliwal
Nav Dhaliwal

The allegations are contained in a notice of claim that Mr. Dhaliwal and Mr. Ginn filed at the Vancouver courthouse on April 8, 2019. The men say that the payments stem from agreements that they entered on Feb. 5, 2019, in which they agreed to resign as directors and officers of the company. The company would pay them each $1.09-million within five business days of completing a financing.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2020 Canjex Publishing Ltd. All rights reserved.

Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.

Comments for this item are closed