BONTERRA RESOURCES INC. ("BTR") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: August 7, 2013 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 30, 2013:
Number of Shares: 5,000,000 shares
Purchase Price: $0.05 per share
Warrants: 2,500,000 share purchase warrants to purchase 2,500,000 shares
Warrant Exercise Price: $0.10 for a one year period
Number of Placees: 3 placees
Finder's Fee: $22,500 cash and 200,000 warrants payable to NBCN Inc. - Finder's fee warrants are exercisable at $0.10 per share for 12 months
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term. ________________________________________
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