Vancouver, British Columbia, Canada – January 4, 2016 – BonTerra Resources Inc. (“BonTerra”) (TSX-V: BTR) reports: “As of December 31, 2015, Delbrook Capital Advisors Inc. (the “Eligible Institutional Investor”) owned 5,431,925 common shares and 2,428,039 common share purchase warrants of BonTerra. The aggregate number of common shares held by the Eligible Institutional Investor as at December 31, 2015, including common shares which may be acquired pursuant to the exercise of the common share purchase warrants, was 7,859,964, representing 14.54% of the Reporting Issuer’s issued and outstanding common shares on a partially diluted basis.
The Eligible Institutional Investor has sole ownership and control over 345,039 common share purchase warrants. This represents approximately 0.64% of the BonTerra’s issued and outstanding common shares on a partially diluted basis. The remaining securities are controlled (but not owned) by the Eligible Institutional Investor on behalf of investment funds or client accounts over which it has discretionary trading authority. Specifically, the Eligible Institutional Investor controls (but does not own) 5,431,925 common shares and 2,083,000 common share purchase warrants of BonTerra, representing 13.90% of the BonTerra’s issued and outstanding common shares on a partially diluted basis.
The securities were acquired or sold in the ordinary course of business, for investment purposes only and not for the purpose of exercising control or direction over BonTerra. The Eligible Institutional Investor may from time to time on its own behalf or on behalf of client accounts over which they have discretionary trading authority, acquire additional securities, dispose of some or all of the existing or additional securities or may continue to hold the securities.”
An Early Warning Report was filed on SEDAR under the profile of BonTerra on January 4, 2016.
For further information, please contact Nav Dhaliwal, President, at firstname.lastname@example.org.
ON BEHALF OF THE BOARD OF DIRECTORS
Nav Dhaliwal, President
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.