BonTerra starts Symphony Rare Earth Property Drilling

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Tue, Feb 2, 2010
Rare Earth Company News
Post by Anne Bagchi, Rare Earth Researcher

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.

Click here to access the entire press release

Click here to access BonTerra Resources Corporate Site

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