05:18:08 EDT Tue 01 Jul 2025
Enter Symbol
or Name
USA
CA



Bonterra Resources Inc (3)
Symbol BTR
Shares Issued 166,900,006
Close 2025-04-24 C$ 0.26
Market Cap C$ 43,394,002
Recent Sedar Documents

Bonterra Resources grants options to buy 1.87M shares

2025-04-25 07:37 ET - News Release

Mr. Marc-Andre Pelletier reports

BONTERRA GRANTS SECURITY-BASED COMPENSATION

Bonterra Resources Inc. has granted incentive stock options to acquire a total of 1,875,000 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 26 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 a earn-in and joint venture agreement with Osisko Mining Inc. for the Urban-Barry properties, which include the Gladiator and Barry deposits. In October, 2024, Gold Fields Ltd. completed the acquisition of Osisko Mining for $2.16-billion. Gold Fields is now the counterparty to the JV agreement and can continue to earn a 70-per-cent interest in the joint venture by incurring $30-million in work expenditures until November, 2026 (including expenditures incurred by Osisko Mining prior to October, 2024). This strategic transaction highlights Bonterra's dedication to advancing its exploration assets, marking a significant step toward development.

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