My favorite one, that garnered the most excitement, for me, was the addition of Marc as our new CEO.
Naturally, I'm biased. He took a company we invested in, Wesdome, WDO.TSX $ 2.50 tops out at $ 16.47 in the span of two years.
I do believe you posted that buy recommendation our European friends touted, in this room.
Our timing may not always be perfect, but our investments sure have been.
Marc-Andre Pelletier Officially Takes over as President and CEO of Bonterra
Val-d'Or, Quebec--(Newsfile Corp. - January 17, 2022) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to announce that Marc-Andre Pelletier has officially taken over as President and Chief Executive Officer today as previously announced on November 11, 2021.
Marc-Andre Pelletier, President, CEO and Director of Bonterra, stated: "I am very excited to take over as President and CEO of Bonterra and lead the Company as it transitions from advanced exploration to development and ultimately to a restart of production. I am ready to take on the challenges that lie ahead in collaboration with the team at Bonterra and look forward to communicating our progress in the near future."
In addition, Bonterra is pleased to announce that Anik Gendron has joined the Board as an independent non-executive Director of the Company, effective immediately. Ms. Gendron is an attorney with vast experience in corporate and commercial law, securities laws, compliance and ESG issues. Known for her business acumen, she has advised many entrepreneurs at all stages of development and has served as general counsel and corporate secretary for several publicly traded companies, mainly in the mining sector. Ms. Gendron holds a B.Sc (economics) and LLB from the University of Montreal and has obtained the Certification in Ethics and Compliance from HEC in February 2021. Ms. Gendron replaces Jean Rainville who has resigned as a Director of the Company, effective immediately. The Board of Directors thanks Mr. Rainville for his service to Bonterra and wishes him well in his future endeavors.
Cesar Gonzalez, Executive Chairman of Bonterra, commented: "The addition of Anik as an independent non-executive Director is an important step in enhancing our board diversity and skill sets. Her extensive experience in legal affairs and ESG will prove invaluable as Bonterra continues to mature as a public company."
Lastly, in connection with the new appointment and as a normal course of business, Bonterra announces the grant of incentive stock options to acquire a total of 1,300,000 common shares of the Company to various officers and directors 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 $1.32 per share for a period of five years from the grant date.
About Bonterra Resources Inc.
Bonterra is a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada. The Company has four main assets, Gladiator, Barry, Moroy, and Bachelor that collectively have a total of 1.24 million ounces in Measured and Indicated categories, and 1.78 million ounces in Inferred category. Importantly, the Company owns the only permitted and operational gold mill in the region that is currently estimated at 85% through the permitting process to expand from 800 to 2,400 tonnes-per-day. Bonterra is focused on graduating from advanced exploration to a development company over the next 24 months to deliver shareholder value.