BONTERRA RESOURCES INC. ("BTR") BULLETIN TYPE: Private Placement Brokered BULLETIN DATE: March 17, 2022 TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced February 17, 2022:
Number of Shares: 8,383,500 flow-through shares and 6,405,000 non-flow-through shares
Purchase Price: $2.06 per flow-through share and $1.21 per non-flow-through share
Number of Placees: 103 placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares Wexford Catalyst Trading Limited (Charles Davidson and Joseph Jacobs) Y 1,403,053 Wexford Spectrum Trading Limited (Charles Davidson and Joseph Jacobs) Y 1,582,167 Aggregate Pro Group Involvement (2 placees) P 218,447
Agent's Fee: Cormark Securities Inc./Valeurs Mobilieres Cormark Inc.- $974,124.21 cash Desjardins Securities Inc. - $382,594.74 cash
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release on March 10, 2022 announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
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