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BonTerra starts Symphony Rare Earth Property Drilling

February 2, 2010 @ 3:00 pm In Rare Earth Company News

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 [1]

Click here to access BonTerra Resources Corporate Site [2]


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URLs in this post:

[1] Click here to access the entire press release: http://www.marketwire.com/press-release/BonTerra-Initiates-Exploration-Program-at-Symphony-Rare-Earth-Property-Houston-BC-TSX-VENTURE-BTR-1111064.htm

[2] Click here to access BonTerra Resources Corporate Site: http://www.bonterraresources.com/

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