logo-loader
viewBonterra Resources Inc.

Bonterra Resources CEO steps down

Greg Gibson, who currently serves as chairman, will act as interim CEO

man in mine
Bonterra Resources is a gold exploration company with assets in the Archean greenstone belts in the Canadian Shield

Bonterra Resources Inc (CVE:BTR) announed Tuesday that president, chief executive officer and director Nav Dhaliwal, and vice-president of exploration and director Dale Ginn have stepped down from their posts. 

"We thank them both for the hard work, leadership and dedication they have shown in building this company and taking it from a start-up junior explorer to what it is today," said Greg Gibson, chairman in a statement released by the company. "The board fully supports their decision and desire to see Bonterra transition to the next phase of its growth. Nav and Dale have recognized that the evolution of the company to a developer and producer will require a management and board team with the required skill set and core expertise."

Bonterra Resources is a gold exploration company with assets in the Archean greenstone belts in the Canadian Shield.

The company said Dhaliwal and Ginn will continue to focus on other start-ups and junior exploration companies, and will continue as consultants to Bonterra. 

According to Bonterra, the company has started the search for their successors, and Gibson, who currently serves as chairman, will act as interim CEO.

Shares of Bonterra Resources were at C$2.48 on Tuesday. 

Quick facts: Bonterra Resources Inc.

Price: 1.97 CAD

TSX-V:BTR
Market: TSX-V
Market Cap: $148.16 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Bonterra Resources Inc. named herein, including the promotion by the Company of Bonterra Resources Inc. in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Bonterra Resources makes major acquisition that will aid flagship Gladiator...

Bonterra Resources (CVE:BTR) CEO Nav Dhaliwal dropped by the Vancouver Studios of Proactive Investors to share details about the companies multi million dollar acquisition and some major news about new targets at their Flagship project Gladiator. Dhaliwal also had a major update about...

on 19/9/18

2 min read