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Bonterra (TSXV:BTR) appoints Marc-Andre Pelletier as President and CEO

Mining
TSXV:BTR
11 November 2021 13:15 (EDT)

Source: Resource World Magazine

Bonterra Resources (BTR) has appointed Marc-Andre Pelletier as its new President and Chief Executive Officer.

Mr. Pelletier will succeed Pascal Hamelin, who will be resigning from his position effective January 17, 2022.

Mr. Hamelin will continue to assist the company through this transition, and Mr. Pelletier has been appointed as a director of the company effective immediately.

A professional mining engineer with over 25 years of experience, Mr. Pelletier served most recently as COO of Wesdome Gold Mines. There, he was instrumental in re-starting production at the Kiena Mine, only five years after the original discovery of a high-grade zone.

“I am thrilled to be leading Bonterra and working closely with the board and all of our employees to continue the progress made in the last couple years,” said Mr. Pelletier.

Upon joining Bonterra, Mr. Pelletier will be reviewing all ongoing and planned exploration and development activities, including the preliminary economic assessment (PEA) that is in progress.

In connection with this review, the company has launched a formal search to add an experienced Vice President of Exploration to support Mr. Pelletier.

Cesar Gonzalez, Executive Chairman of Bonterra, commented on Mr. Pelletier’s appointment.

“We are excited that Marc-Andre shares our vision of utilizing Bonterra’s significant infrastructure and growing resources to re-start production and look forward to developing and achieving key milestones together,” he said.

As part of the appointment, Bonterra has granted Mr. Pelletier 2,500,000 incentive stock options.

Bonterra is a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada. The company has four main assets, Gladiator, Barry, Moroy, and Bachelor.

Shares in Bonterra Resources Inc. (BTR) are up 5.51 per cent, trading at $1.34 per share as of 12:50 pm ET.

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