GOLD MINING COMPANY, BONTERRA RESOURCES AND METANOR BOTH RECEIVE SECURITYHOLDER APPROVAL OF THEIR RESPECTIVE PLANS OF ARRANGEMENT TICKER SYMBOL OTCQB: BONXF

BONTERRA RESOURCES INC. (“Bonterra") US:BONXF and METANOR RESOURCES INC. ("Metanor") (MTO.V) are pleased to announce that each of their respective previously announced plans of arrangement (respectively, the "Bonterra Arrangement" and the "Metanor Arrangement"), have been approved by their respective securityholders today. The Bonterra Arrangement, which involves spinning out of certain assets of Bonterra to Gatling Exploration Inc. ("Bonterra Spinco" or "Gatling"), was approved by shareholders and optionholders of Bonterra (together, the "Bonterra Securityholders") at a special meeting (the "Bonterra Meeting") of the Bonterra Securityholders held today. At the Bonterra Meeting, a special resolution approving the Bonterra Arrangement was approved by: (i) 97.58% of the votes cast by Bonterra shareholders; and (ii) 97.76% of the votes cast by Bonterra Securityholders, voting together as a single class. The Metanor Arrangement, which involves acquisition of all shares of Metanor by Bonterra was approved by shareholders and optionholders of Metanor (together, the "Metanor Securityholders") at a special meeting (the "Metanor Meeting") of the Metanor Securityholders held today. At the Metanor Meeting, a special resolution approving the Metanor Arrangement was approved by: (i) 87.44% of the votes cast by Metanor shareholders; and (ii) 87.96% of the votes cast Metanor Securityholders, voting together as a single class.
Under the Bonterra Arrangement, Gatling shall receive Bonterra's Larder Lake assets in Ontario and approximately $7,000,000 in cash. An application for listing of the Gatling shares on TSX-V has been filed, however listing is subject to final TSX-V acceptance.
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