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Bonterra Resources secures C$5M credit facility from Wexford Capital to support exploration and tax reimbursements.

Company Fundamentals
23 Mar 2026
Newsfile Corp
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Bullish
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Bonterra Resources has entered a C$5 million credit agreement with Wexford Capital, its largest shareholder, to provide financial flexibility amid a CRA audit and strategic evaluations. The credit facility, bearing interest at 8% plus SOFR, will fund tax reimbursements for shareholders and exploration activities on the Desmaraisville property. Interest and fees may be paid in cash or shares, subject to regulatory approval and ownership limits. This move supports Bonterra's ongoing development of its Quebec gold assets and partnership with Gold Fields through a joint venture agreement.

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