Mr. Marc-Andre Pelletier reports

BONTERRA RETAINS MACHAI CAPITAL INC. FOR DIGITAL MARKETING SERVICES AND ANNOUNCES STOCK OPTIONS GRANT

Bonterra Resources Inc. has retained Machai Capital Inc. to provide digital marketing services in accordance with the applicable TSX Venture Exchange policies. The engagement has an initial term of three months, pursuant to which Machai will receive 120,000 in common shares of the company, plus applicable taxes. Machai is an arm's length to Bonterra and has no other relationship with the company except under this engagement.

The company also wishes to announce the grant of incentive stock options to acquire a total of 1.97 million common shares of the company to various employees, officers and directors of the company pursuant to the company's stock option plan and subject to any regulatory approval. Each stock option vests immediately and is exercisable at a price of 24 cents per share for a period of five years from the date of the grant.

About Bonterra Resources Inc.

Bonterra is a Canadian gold exploration company with a portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada. The company's assets include the Gladiator, Barry, Moroy and Bachelor gold deposits, which collectively hold 1.24 million ounces in measured and indicated categories and 1.78 million ounces in the inferred category.

In November, 2023, the company entered into an earn-in and joint venture agreement with Osisko Mining Inc. for the Urban-Barry properties, which include the Gladiator and Barry deposits. Over the next three years, Osisko can earn a 70-per-cent interest by incurring $30-million in work expenditures. This strategic transaction highlights Bonterra's dedication to advancing its exploration assets, marking a significant step toward development.

About Machai Capital Inc.

Machai is a marketing, advertising and public awareness firm based out of Vancouver, B.C., specializing in advertising and public awareness firm specializing in the metals and mining, technology, and special situation sectors.

We seek Safe Harbor.