Loading ...BonTerra Announces Strategic Investment by
Kinross Gold
Vancouver, BC – March 22, 2017 – BonTerra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (“BonTerra” or the “Company”) is pleased to announce that Kinross Gold Corporation (“Kinross”) has agreed to acquire, by way of private placement, 14,857,440 common shares (“Common Shares”) of BonTerra at a price of $0.35 per Common Share for total gross proceeds of $5,200,104 (the “Transaction”). On closing of the Transaction, Kinross will hold approximately 9.5% of BonTerra’s issued and outstanding common shares on an undiluted basis.