BonTerra Announces Closing of Brokered and Non-Brokered Private Placement

BonTerra Resources Inc. (TSXV:BTR) reports closing of a brokered and non-brokered private placement of 4,347,826 flow-through units of the Company at $0.23 per FT Unit.

The press release is quoted as saying:

Each FT Unit consists of one common share issued on a flow-through basis and one half of one common share purchase warrant, with each full warrant entitling the holder to acquire an additional common share at an exercise price of $0.50 per common share for a period of two years from the closing date.

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