VANCOUVER, BC--(Marketwire - Oct 10, 2012) -
BonTerra Resources Inc. /
BONTERRA ANNOUNCES APPOINTMENT AND RESIGNATION OF DIRECTOR AND GRANTING OF
STOCK
OPTIONS.
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Suite 4006 - 1011 West Cordova Street
Vancouver, B.C. V6C 0B2
Telephone: (604) 678-5308
Fax: (604) 678-5309
TSX.V- BTR
FSE- 9BR
BONTERRA ANNOUNCES APPOINTMENT
AND RESIGNATION OF DIRECTOR AND GRANTING OF STOCK OPTIONS
Vancouver, BC - October 10, 2012: BonTerra Resources Inc. (TSXV: BTR;
FSE:
9BR) (the "Company" or "BonTerra") is pleased to announce the appointment
of Mr.
Robert Gagnon to the Company's Board of Directors effective October 5,
2012.
Mr. Gagnon will serve as an independent Director of the Company.
Mr. Gagnon earned a Mining Techniques Diploma from the Collège de la
région de
l'Amiante in 1995 and a Bachelor of Geology from the University of
Quebec in
Chicoutimi in 1999. He has been a member in good standing of the
Ordre des
géologues du Québec since 2002, a member of the Board of
Directors of the Quebec
Mineral Exploration Association since 2009, and President of the
Association des
prospecteurs du Nord du Québec since 2012.
"We are excited at the opportunity to bring Robert on as a Director
of the
Company", stated Navjit Dhaliwal, President of the Company. Mr. Dhaliwal
also
stated, "Robert sustains extensive knowledge in mining exploration
and
development, with an even further understanding of mining within Quebec,
which
will be crucial as Bonterra continues to expand and develop our
properties. His
experience will be invaluable and comes at a time when the Company
anticipates
significant growth on its Eastern Extention property. Bonterra is
currently
focused on building a team that can advance the Company and Robert will
play a
key role with such advancement."
Bonterra also would like to announce the resignation of Thomas Clarke
as a
director of the Company. The Board of Directors of the Company wishes to
thank
Mr. Clarke for his contribution to the development of the Company.
The Company is also pleased to announce that it has granted incentive
stock
options, pursuant to the Company's stock option plan, to its directors,
officers
and consultants for the purchase of up to three million five hundred
thousand
(3,500,000) common shares of the Company for a period of two years at a
price of
$0.10 per share.
About BonTerra Resources
BonTerra is a Canadian gold exploration company based in Vancouver, BC
focused
on continuing to expand the drill defined gold zones on its Eastern
Extension
property, part of the world famous Abitibi Greenstone Belt in mining
friendly
Quebec. BonTerra has a total of three gold properties in the Urban-Barry
belt:
the Eastern Extension, Lavoie and Urban-Barry properties which are
located
approximately 170 km northeast of Val-d'Or and approximately 125 km
southwest of
Chibougamau in the Urban, Barry and Bailly townships in Québec.
ON BEHALF OF THE BOARD
BONTERRA RESOURCES INC.
/s/Navjit Dhaliwal
Navjit Dhaliwal
President, Director
(604) 678-5308
Disclaimer for Forward-Looking Information
Except for statements of historical fact, this news release contains
certain
"forward-looking information" within the meaning of applicable securities
law.
Forward-looking information is frequently characterized by words such as
"plan",
"expect", "project", "intend", "believe", "anticipate", "estimate" and
other
similar words, or statements that certain events or conditions "may"
occur. In
particular, forward-looking information in this press release includes,
but is
not limited to, statements with respect to the expansion and development
of the
Company's properties, anticipated growth of the Eastern Extension
property and
general advancements of the Company. Although the Company believes
that the
expectations reflected in the forward-looking information are reasonable,
there
can be no assurance that such expectations will prove to be correct.
Such
forward-looking statements are subject to risks and uncertainties that may
cause
actual results, performance or developments to differ materially from
those
contained in the statements, including risks related to: (i) current
economic
conditions and the state of mineral exploration and mineral prices in
general;
and (ii) other factors beyond the control of the Company. No assurance
can be
given that any of the events anticipated by the forward-looking statements
will
occur or, if they do occur, what benefits the Company will obtain from
them.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that
term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility
for the adequacy or accuracy of this release.
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originality of the information contained therein.
Source: BonTerra Resources Inc. via Thomson Reuters ONE
[HUG#1648146]