Bonterra Resources 7,607,668 shares for debtBonterra Resources Inc (2) Symbol C : BTR Shares Issued 11,583,399 Close 2015-02-17 C$ 0.355 Recent Sedar Documents View Original Document Bonterra Resources 7,607,668 shares for debt 2015-02-18 16:07 ET - Shares for Debt The TSX Venture Exchange has accepted for filing Bonterra Resources Inc.'s proposal to issue 7,607,668 shares at a deemed value of 10 cents per share to settle outstanding debt for $760,767.20. Creditors: 12 Insiders: 9226-5909 Quebec Inc. (Alain Beland) $68,985 owing, 689,850 shares; J. Casey Forward $39,322.50 owing, 393,225 shares Of the 7,607,668 shares, 3,220,251 are subject to an escrow agreement dated Jan. 16, 2015, among the company, Computershare Investor Services Inc. and all debt assignees, whereby the shares held by the debt assignees will be held in escrow, subject to a two-year release schedule. The company shall issue a news release when the shares are issued and the debt extinguished. © 2015 Canjex Publishing Ltd. All rights reserved.