UPDATE 1-BonTerra Resources CEO resigns

Thu Feb 16, 2012 7:32am EST

Feb 16 (Reuters) - Canada's BonTerra Resources said it appointed Navjit Dhaliwal as chief executive officer after Mitchell Adam resigned from his post.

Adam's resignation is effective immediately, the junior mineral exploration company said in a statement.

BonTerra's shares, which have lost almost half of their value in past four months, closed at 18 Canadian cents on Wednesday on the Toronto Venture Exchange.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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