BonTerra Corporate Update
Published : May 18, 2011
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Keywords :   Gold | Market |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2011) - BonTerra Resources Inc. (News - Market indicators) (FRANKFURT:9BR) (the "Company") announces that it has granted a total of 1,600,000 stock options (the "Options") to directors and consultants of the Company. The Options are exercisable into common shares of the Company at an exercise price of $0.25 per share for a period of one (1) year. The options granted are not subject to a hold period. The Company's common shares closed at $0.25 Canadian on the TSX Venture Exchange on May 17, 2011.

Drilling continues on the Eastern Extension Gold Project (the "Property"). The Property is located 170km northeast of Val d'Or, Quebec in the Abitibi Greenstone Belt. The Company is awaiting assays from two (2) additional holes drilled to deepen the known high grade gold zones on the property as well as three (3) holes drilled to the east. The goal is to methodically continue increasing tonnage of the mineralized zones on the Property in preparation for a future resource calculation.

This press release has been reviewed by Thomas Clarke, Pr.Sci.Nat., a Director of BonTerra. Mr. Clarke is a Qualified Person under NI 43-101.

About BonTerra

BonTerra is a Canadian gold exploration company focused continuing to expand the known gold zone on its Eastern Extension property, part of the world famous Abitibi Greenstone Belt of Quebec. BonTerra has a total of four properties in the Urban-Barry belt, all gold exploration targets.

ON BEHALF OF THE BOARD

BONTERRA RESOURCES INC.

Mitchell Adam, President, Director

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.

BonTerra Resources Inc.
(604) 678-5308 or Toll Free: 1-855-678-5308
(604) 678-5309 (FAX)
info@bonterraresources.com
www.bonterraresources.com

Bonterra Resources Inc.

CODE : BTR.V
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Bonterra Res is a exploration company based in Canada.

Bonterra Res holds various exploration projects in Canada.

Its main exploration properties are ANDERSON CLAIMS and EASTERN EXTENSION in Canada.

Bonterra Res is listed in Canada. Its market capitalisation is CA$ 41.2 millions as of today (US$ 30.2 millions, € 28.3 millions).

Its stock quote reached its highest recent level on February 25, 2011 at CA$ 9.80, and its lowest recent point on August 14, 2015 at CA$ 0.09.

Bonterra Res has 161 640 000 shares outstanding.

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In the News and Medias of Bonterra Resources Inc.
11/21/2018Gladiator deposit grows for Bonterra Resources
Financings of Bonterra Resources Inc.
6/26/2013ources Announces Closing of $250,000 Non-Brokered Private Pl...
5/30/2013Announces Non-Brokered Private Placement
9/24/2012Announces Closing of Brokered Private Placement
9/6/2012Announces Brokered Private Placement & Drill Holes From the ...
7/6/2011Announces Proposed Brokered and Non-Brokered Private Placeme...
Project news of Bonterra Resources Inc.
6/12/2013(Eastern Extension)Awaits Assays for Three Holes from the Eastern Extension Pro...
10/31/2012(Eastern Extension)Provides Property Update on Eastern Extension
4/29/2011(Eastern Extension)Continues Drilling & Hitting Gold, Eastern Extension
2/17/2011(Eastern Extension)Expands Eastern Extension With Discovery of a New Gold Zone
Corporate news of Bonterra Resources Inc.
9/24/2014BonTerra Resources Announces Financing With Laurentian Bank ...
10/23/2013ources Enters Into Letter of Intent With Gold Royalties Corp...
1/24/2013Receives Ice Permits for Drill Program
10/10/2012Announces Appointment and Resignation of Director and Granti...
7/12/2011(Eastern Extension)Assays 114.00 Grams/Tonne Gold, Eastern Extension, Quebec
6/9/2011(Eastern Extension)Deepens Drills at Eastern Extension, Val-d'Or, Quebec
6/2/2011Assays Up to 42.6 Grams/Tonne Gold
5/18/2011Corporate Update
4/15/2011Corporate Update & Samples Sent for Rush Assay
4/5/2011Assays Received for Seven Drill Holes & Gold Discovered in t...
3/28/2011Initiates Ten Hole Drill Program
3/22/2011Mobilizes Large Rig and Stockpiles Fuel
3/15/2011Applies for Ice Permit to Extend Strike
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TSX-V (BTR.V)
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