February 15, 2018 / 6:43 PM / 8 days ago

BRIEF-Bonterra Announces $21.5 Million Private Placement

Feb 15 (Reuters) - Bonterra Resources Inc:

* BONTERRA ANNOUNCES $21.5 MILLION PRIVATE PLACEMENT

* BONTERRA RESOURCES - OFFERING WILL CONSIST OF 13.3 MILLION COMMON SHARES OF CO ISSUED ON A FLOW-THROUGH BASIS AT A PRICE OF $0.75 PER SUPER FT SHARE

* BONTERRA RESOURCES INC - OFFERING WILL ALSO CONSIST OF 19.2 MILLION COMMON SHARES OF CO ISSUED ON A FLOW-THROUGH BASIS AT A PRICE OF $0.60 PER FT SHARE

* BONTERRA RESOURCES INC - ‍GROSS PROCEEDS FROM ISSUANCE OF OFFERED SECURITIES WILL BE USED FOR CANADIAN EXPLORATION EXPENSES​ Source text for Eikon: Further company coverage:

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