BonTerra Resources Inc. (TSX VENTURE:BTR) (FRANKFURT:9BR) (the "Company") is
pleased to announce that it has arranged for a non-brokered private placement of
up to 6,666,666 units of the Company (the "Units") at $0.15 per Unit for a total
gross proceeds of up to $1,000,000 (the "Offering"). The Company plans to use
the proceeds from the Offering towards drilling and work programs, as well as
general working capital. 


Each Unit consists of one common share and one share purchase warrant, with each
warrant entitling the holder to acquire an additional common share at an
exercise price of $0.20 per common share for a period of one year from the
closing date.


In connection with the brokered private placement, the Company is expected to
pay a finder's fee in accordance with the policies of the TSX Venture Exchange
(the "Exchange"). 


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 closing of the Offering is subject to approval from the Exchange.

The Company also announces the appointment of Navjit Dhaliwal as the Company's
President, Chief Executive Officer and a director and the resignation of
Mitchell Adam as the President, Chief Executive Officer and a director of the
Company effective immediately. 


Mr. Dhaliwal brings a wealth of entrepreneurial, sales, and financing
experience. He is particularly adept at nurturing early stage companies through
their critical phases of evolution, having founded a number of companies over
his career. Mr. Dhaliwal is also very experienced in corporate development,
corporate communications and investor relations, bringing valuable business
relationships with international analysts, brokers and investment bankers from
Canada, the United States and Asia.


The Company wishes to thank Mr. Adam for his contribution to the Company and
wishes him success in his future endeavors.


ON BEHALF OF THE BOARD

BONTERRA RESOURCES INC.

Navjit Dhaliwal, President, Director

(604) 678-5308

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 up
to 6,666,666 Units of the Company; (ii) the Company is expected to pay a
finder's fee; and (iii) the Company plans to use the proceeds from the Offering
for general working capital. 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: (i) the inability to close the Offering on
the terms set out above or at all, (ii) a downturn in general economic
conditions in North America or internationally, and (iii) 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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