Bonterra Announces Closing of Upsized Brokered Private Placement for Proceeds of $10.5M

Bonterra Resources Inc. successfully closed an upsized brokered private placement, raising gross proceeds of $10.5 million. The financing was completed on June 30, 2025, and represented an increase from the originally planned amount, indicating strong investor interest in the company's prospects.

The completion of this financing provides Bonterra with additional working capital to advance its mining operations and exploration activities. As a Quebec-based mining company trading on the TSX Venture Exchange, Bonterra operates in one of Canada's most established mining jurisdictions, with Val-d'Or serving as a historical gold mining center.

The successful upsizing of the private placement demonstrates market confidence in Bonterra's business strategy and growth potential. This influx of capital positions the company to execute on its operational plans and potentially advance development activities across its asset portfolio. The timing of the financing, completed at the end of the second quarter, provides the company with financial flexibility heading into the latter half of 2025.