Bonterra Resources is pleased to announce the closing of its previously announced "best efforts" private placement for gross proceeds of $10,500,000, selling 22,727,272 "hard-dollar" units of the Company at a price of $0.22 per HD Unit; 14,583,333 "flow-through" units of the Company at a price of C$0.24 per FT Unit; and 6,557,377 "flow-through" units of the Company at a price of C$0.305 per Premium FT Unit. Under the
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