News - updated financing termsShares Issued 11,308,399 Close 2015-01-16 C$ 0.28 Recent Sedar Documents View Original Document Bonterra Resources increases financing to $617,500 2015-01-19 16:28 ET - News Release Mr. Nav Dhaliwal reports BONTERRA RESOURCES AMENDS CLOSE OF FINANCING Further to its news release issued Dec. 22, 2014, whereby Bonterra Resources Inc. closed a non-brokered private-placement financing for gross proceeds of $607,500, the company has increased its gross proceeds to $617,500 and allotted and issued an additional 100,000 units. Pursuant to the private placement, the company has allotted and issued a total of 6,175,000 units at a price of 10 cents per unit. Each unit consists of one common share in the capital of the company and one share purchase warrant. Each warrant is exercisable by the holder to acquire one additional common share of the company for a period of two years from issuance at an exercise price of 20 cents per share. In relation to the private placement, the company paid a finder's fee of $2,500 and 25,000 finder warrants to a registered dealer. Each finder warrant is exercisable by the holder to acquire one additional common share of the company for a period of two years from issuance at an exercise price of 20 cents per share. All securities issued under the private placement are subject to a four-month-and-one-day hold period. © 2015 Canjex Publishing Ltd. All rights reserved