BonTerra Resources Inc. (TSX VENTURE:BTR) (FRANKFURT:9BR) reported that the company has retained the services of Minconsult Exploration Services permit for Exploration and to do a historical data compilation and to implement a work program for the Company’s Symphony rare earth property.
The press release is quoted as saying:
The Company also announced a non brokered private placement of 5,000,000 units at $0.15 per unit for total gross proceeds of $750,000. Each unit will consist of one common share and one transferable share purchase warrant, each warrant exercisable into one additional common share at a price of $0.20 per share for a period of two years from the date of closing. This placement is subject to TSX Venture Exchange approval.
