Bonterra Resources Inc (CVE:BTR) (OTCMKTS:BONXF) announced Tuesday that Air Creebec President Matthew Happyjack is joining the gold mine developer’s board of directors.
Air Creebec is a Val-d'Or, Quebec-based regional airline that operates regularly scheduled flights, charters and freight services to 16 destinations in Quebec and Ontario. It has 400 employees.
Before joining Air Creebec in 2010, Happyjack held various positions in the financial, management and accounting fields while remaining active in projects to promote the economic development of The Cree First Nation of Waswanipi.
"His strong background in business management and operations, particularly in the Val-d'Or region where Bonterra is advancing the development of its mineral exploration assets, will serve the company well,” Bonterra Chairman and Interim CEO Greg Gibson said in a statement.
The appointment of Happyjack follows the resignation of Richard Boulay from the Val-d'Or-based company’s board.
Bonterra also announced it has the option to acquire a property, consisting of a mining claim covering 56 hectares (140 acres) located 20 kilometers (12 miles) north of its Barry project, in the heart of the Urban Barry mining camp in Quebec.
Earlier this month, the company said it had closed a private placement to fund exploration work on its portfolio of projects in Canada. Key efforts include the Gladiator, Barry and Moroy gold projects in Quebec.
Shares of Bonterra slipped C$0.01 to C$1.96 in Tuesday’s Canadian trading.
Contact Dennis Fitzgerald at [email protected]