Adding another addition to BTR team!!
Bonterra Resources appoints Ball board adviser
2016-04-01 17:15 ET - News Release
Mr. Nav Dhaliwal reports
BONTERRA ANNOUNCES BOARD ADVISOR AND ISSUES OPTIONS AT A PREMIUM
Bonterra Resources Inc. has appointed Peter A. Ball as a board adviser of the company, effective immediately.
"In 2015, and into early 2016, Bonterra has continued to elevate its visibility and position in the mining exploration space by showcasing the potential of the Urban Barry gold mining camp in Quebec, Canada, where we have expanded our land position by over 170 per cent. Most recently, we added a strategic and advanced gold project in Ontario, with the recent purchase of the Larder Lake project along the Cadillac-Larder fault break, which also provides a foothold in a mining area with one of the longest-running and prolific mining camps in the world. As we push forward into 2016, it is key to add quality mining professionals to the team, that bring the energy and senior-level-executive mining experience to the team that is needed to continue the same level of growth. I have had the pleasure of knowing Mr. Ball, originally from Kirkland Lake, Ont., for a few years, and he brings an extensive knowledge of the mining sector stretching back to the 1980s. Peter's experience working as a mining engineer, his many years involved in the equity financing markets, combined with his experience in the corporate and business development side of business, will be a valued addition to the Bonterra team as a strategic board adviser," stated Nav Dhaliwal, president and chief executive officer of the company.
Mr. Ball brings over 25 years of extensive experience and leadership as a mining professional. He is currently president and chief executive officer of Redstar Gold Corp., and previously senior vice-president of Columbus Gold. Throughout Mr. Ball's career, he has held various senior management roles with international precious-metal-mining companies in corporate finance, securities trading, mine engineering, business development, corporate communications, public relations and marketing functions throughout North and South America, Asia, and Europe. Mr. Ball began his career in the late 1980s, working as a mining engineer, and subsequently in various management and senior executive roles for numerous companies, including Hudson Bay Mining & Smelting, Echo Bay Mines Ltd., RBC Dominion Securities, Eldorado Gold Corp., Adriana Resources Inc. and Argentex Mining Corp. Mr. Ball is a graduate of the Haileybury School of Mines, Georgian Business College and UBC's Canadian Securities Course and is a member of Canadian Institute of Mining, Metallurgy and Petroleum.
Stock option grant
Bonterra has issued an aggregate of 3.2 million incentive stock options to officers, directors and consultants of the company. The options are exercisable at 50 cents per share for a period of five years from the date of grant, which were priced at a premium to the close of Bonterra's share price as of March 30, 2016. The options have been granted under and are governed by the terms of the company's incentive stock option plan.