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BonTerra Resources Inc V.BTR

Alternate Symbol(s):  BONXF

Bonterra Resources Inc. is a Canada-based gold exploration company with a portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada. The Company is engaged in the business of acquiring, exploring, and evaluating natural resource properties in the province of Quebec. The Company’s assets include Gladiator, Barry, Moroy, and Bachelor. The Company holds a 100% interest in 436 mineral claims covering 22,779.32 hectares surrounding the town of Desmaraisville. The Bachelor Mine is located on one mining concession, and one mining lease, four kilometers (km) south of Highway 113 and 90 km northeast of the city of Lebel-sur-Quevillon. The Company holds a 100% interest in 21 mineral claims in the city of Val-d’Or in Quebec covering 457.53 hectares. The Company holds a 90% interest in two mining leases north of the town of Skead within the city of Greater Sudbury in Ontario. The two mining leases cover an area of approximately 129.99 hectares.


TSXV:BTR - Post by User

Bullboard Posts
Post by tomgraniteon Apr 24, 2018 6:38am
185 Views
Post# 27930416

warrants and options

warrants and optionsI've just a calculation on the warrants and options. If they all get exercised the amount raised will be $11.1mil. The issued shares would then become 254mil.

They currently have around $32mil. Let's say they spend $10mil on drilling, $1mil on RE and another $1mil on salaries etc for the rest of 2018.

That should mean that they will have $31mil going in to 2019 assuming all warrants and options are exercised. 
Bullboard Posts