March 15, 2021 /CNW/ – Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) (“Bonterra” or the “Company“) is pleased to announce that it has entered into an agreement with Cormark Securities Inc. to act as lead agent (the “Lead Agent“), on its own behalf and, if applicable, on behalf of a syndicate of agents (collectively with the Lead Agent, the “Agents“), in connection with a “best efforts” private placement to raise gross proceeds of $10,008,000, through the issuance of 6,950,000 common shares of the Company issued on a flow-through basis (the “FT Shares“) at a price of $1.44 per FT Share (the “Offering“).