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To: Goose94 who wrote (19021)	7/7/2016 9:19:47 AM
From: Goose94	Read Replies (1) \| Respond to of 203353

BonTerra Resources (BTR-V) Closes Over-Subscribed Financing at Over $5 Million July 7, '16 - NR BonTerra Resources is pleased to announce that, further to its news release dated June 13, 2016 the Company has closed a non-brokered private placement financing (the "Private Placement") for total gross proceeds of $5,056,970. Nav Dhaliwal, President and CEO of BonTerra, stated: "Once again the market continues to support the vision and strategy of BonTerra, and our goal to develop a significant gold resource at the Gladiator Gold Project. Our technical team is applying their knowledge of the gold system at Gladiator from our 2016 Winter Drill Program as we continue to explore along the eastern extension of our expanded land position in the Urban Barry Camp." The Company has allotted and issued 7,575,000 flow-through shares (the "FT Shares") at a price of $0.40 per FT Share and 5,791,343 non-flow-through units (the "NFT Units") at the price of $0.35 per NFT Unit. The total gross flow-through dollars raised is $3,030,000 and the total gross hard dollars is $2,026,970. The NFT Units are comprised of one common share and one share purchase warrant, with each share purchase warrant entitling the holder to purchase one additional common share of the Company for a period of up to two years at a price of $0.50. In addition, the Company has paid finder's fees of an aggregate $228,210 and 782,800 finder's warrants to arm's length third parties. Each finder's warrant is exercisable by the holder to acquire one common share of the Company for a period of two years at a price of $0.40. The Company intends to use the proceeds from the Private Placement to conduct further exploration on its Gladiator Project, its Larder Gold Project and for general working capital. All securities issued under the Private Placement are subject to a four-month and one-day hold period expiring on November 8, 2016. ON BEHALF OF THE BOARD OF DIRECTORS, Nav Dhaliwal, President & CEO BonTerra Resources Inc. For additional information, please contact: Todd Hanas Corporate Development E: todd@bonterraresources.com T: 866.869.8072