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Bonterra bolsters coffers

Sprott-backed Bonterra Resources (TSXV: BTR) has further bolstered its coffers, raising C$36.7 million (US$27.5 million) in an increased private placement which had aimed to raise at least $30 million.

Bonterra bolsters coffers Bonterra bolsters coffers Bonterra bolsters coffers Bonterra bolsters coffers Bonterra bolsters coffers

Bonterra wants to optimise its Urban Barry mill

Sprott Capital Partners was lead agent for the raising at $2.67 per flow-through share and $1.95 per share.

Eric Sprott's 2176423 Ontario Ltd acquired about 2.