BonTerra Resources Inc. (TSX VENTURE:BTR) (FRANKFURT:9BR) (the "Company") is
pleased to announce that it has arranged for a non-brokered private placement
(the "Offering") of 4,000,000 units of the Company (the "Units") at $0.50 per
Unit. Each Unit will consist of one (1) flow-through common share in the capital
of the Company and one (1) non flow-through share purchase warrant of the
Company (each, a "Unit Warrant"). Each Unit Warrant is exercisable into one (1)
non flow-through common share in the capital of the Company (each, a "Common
Share") at an exercise price of $0.75 per Common Share for a period of two (2)
years from the closing date of the Offering (the "Closing Date").


The Company is expected to pay a finder (the "Finder") a cash finder's fee equal
to 5% of the gross proceeds from the Offering, and to grant stock options to the
Finder equal to 10% of the number of Units sold under the Offering (each, an
"Option"), in connection with the closing of the Offering. Each Option entitles
the Finder to purchase one (1) unit of the Company (each, a "Finder's Unit") at
a price of $0.50 per Finder's Unit for a period of two years from the Closing
Date. Each Finder's Unit will consist of one (1) Common Share and one
non-transferable share purchase warrant (each, a "Finder's Unit Warrant"). Each
Finder's Unit Warrant entitles the holder thereof to purchase one (1) additional
Common Share at a price of $0.75 per Common Share for a period of two (2) years
from the Closing Date.


All of the securities to be issued by the Company in connection with this
Offering will be subject to a hold period, which expires four months and a day
after the Closing Date.


The Company plans to use the proceeds from the Offering to further explore its
properties in Quebec.


The closing of the Offering is subject to approval from the TSX Venture Exchange
("TSXV"). In addition, there are numerous risks, some of which are set out
below, that may affect the ability of the Company to close the Offering. The
Company cannot provide any assurance that the Offering will close, or that any
terms set out above will not be altered prior to the closing date of the
Offering.


ON BEHALF OF THE BOARD

BONTERRA RESOURCES INC. 

Mitchell Adam, President, Director

Certain statements in this news release are forward-looking statements, which
reflect the expectations of management regarding the Company's ability to close
the Offering. Forward-looking statements consist of statements that are not
purely historical, including any statements regarding beliefs, plans,
expectations or intentions regarding the future, and in this news release
include: (i) the Company has arranged for a non-brokered private placement of
4,000,000 Units; (ii) the Company is expected to pay the Finder a cash finder's
fee equal to 5% of the gross proceeds of the Offering and to grant Options equal
to 10% of the number of Units sold under the Offering; and (iii) the Company
plans to use the proceeds from the Offering to further explore its properties in
Quebec. Such statements are subject to risks and uncertainties that may cause
actual results, performance or developments to differ materially from those
contained in the statements. No assurance can be given that any of the events
anticipated by the forward-looking statements will occur or, if they do occur,
what benefits the Company will obtain from them. These forward-looking
statements reflect management's current views and are based on certain
expectations, estimates and assumptions which may prove to be incorrect, wholly
or partially. A number of risks and uncertainties could cause our actual results
to differ materially from those expressed or implied by the forwardlooking
statements, including: (1) the inability to close the Offering, or on the terms
set out above or at all, (2) a downturn in general economic conditions in North
America or internationally, and (3) inability to obtain approval from the TSXV
for the Offering. These forward-looking statements are made as of the date of
this news release and, except as required by law, the Company assumes no
obligation to update these forward-looking statements, or to update the reasons
why actual results differed from those projected in the forward-looking
statements. Additional information about these and other assumptions, risks and
uncertainties are set out in the "Risks and Uncertainties" section in the
Company's MD&A filed with Canadian securities regulators.


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