Bonterra Announces Closing of Private Placement of Flow-Through Units
Portfolio Pulse from
Bonterra Resources Inc. has successfully closed a non-brokered private placement, raising $1,088,956.40 through the sale of flow-through units. Each unit includes one common share and half a warrant.
December 12, 2024 | 10:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Bonterra Resources Inc. completed a private placement, raising over $1 million. This could provide the company with additional capital for exploration and development activities.
The successful closing of the private placement provides Bonterra with additional funds, which can be used for exploration and development. This is likely to be seen positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80